Smooth transition effects in price transmission: The case of international wheat export prices

C-Tier
Journal: Economics Letters
Year: 2010
Volume: 106
Issue: 3
Pages: 169-171

Score contribution per author:

1.005 = (α=2.01 / 1 authors) × 0.5x C-tier

α: calibrated so average coauthorship-adjusted count equals average raw count

Abstract

International wheat prices are tested for cointegration allowing for exponential smooth transition adjustment. The results suggest that owing to transactions costs, it is plausible that arbitrage will be greater, the further the prices deviate from each other.

Technical Details

RePEc Handle
repec:eee:ecolet:v:106:y:2010:i:3:p:169-171
Journal Field
General
Author Count
1
Added to Database
2026-01-25