The Law of One Price and the Czech Cereal Market Integration into the EU Common Agricultural Market

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F15%3A68730" target="_blank" >RIV/60460709:41110/15:68730 - isvavai.cz</a>

Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

The Law of One Price and the Czech Cereal Market Integration into the EU Common Agricultural Market

Popis výsledku v původním jazyce

The Czech cereal market integration into the common agricultural market (EU) between 1993 ? 2010 is studied using monthly price data for wheat and barley in Belgium, Germany, Austria and the Czech Republic. Stability in the law of one price (LOP) equation is studied through multiple structural breaks within the equation. Results indicate that the integration of the Czech Republic into EU cereal markets is more unstable than that of Austria (a fourth enlargement country), although there is empirical support for the LOP when structural breaks are taken into account. Structural change also occurred in the old EU LOP equation between Belgium and Germany.

Název v anglickém jazyce

The Law of One Price and the Czech Cereal Market Integration into the EU Common Agricultural Market

Popis výsledku anglicky

The Czech cereal market integration into the common agricultural market (EU) between 1993 ? 2010 is studied using monthly price data for wheat and barley in Belgium, Germany, Austria and the Czech Republic. Stability in the law of one price (LOP) equation is studied through multiple structural breaks within the equation. Results indicate that the integration of the Czech Republic into EU cereal markets is more unstable than that of Austria (a fourth enlargement country), although there is empirical support for the LOP when structural breaks are taken into account. Structural change also occurred in the old EU LOP equation between Belgium and Germany.

Druh

J_x - Nezařazeno - Článek v odborném periodiku (Jimp, Jsc a Jost)

CEP obor

AH - Ekonomie

OECD FORD obor

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Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2015

Kód důvěrnosti údajů

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Název periodika

EKONOMICKY CASOPIS

ISSN

0013-3035

e-ISSN

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Svazek periodika

63

Číslo periodika v rámci svazku

8

Stát vydavatele periodika

CZ - Česká republika

Počet stran výsledku

20

Strana od-do

817-836

Kód UT WoS článku

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EID výsledku v databázi Scopus

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