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Social and Behavioral Sciences Commons

Open Access. Powered by Scholars. Published by Universities.®

1997

Economics

Finance and Financial Management

Articles 1 - 3 of 3

Full-Text Articles in Social and Behavioral Sciences

Corn And Soybean Basis Behavior And Forecasting: Fundamental And Alternative Approaches , Bingrong Jiang Jan 1997

Corn And Soybean Basis Behavior And Forecasting: Fundamental And Alternative Approaches , Bingrong Jiang

Retrospective Theses and Dissertations

A model is developed to analyze the nearby basis behavior of corn and soybeans in several markets across the U.S. Results suggest that basis behavior has a seasonal pattern, and that different variables affect nearby corn and soybean basis at various periods. The most important factors affecting basis are storage cost (opportunity cost), transportation cost (barge rates), and supply (regional production relative to regional storage capacity). Nine conventional (naive three-year-average forecasts, econometric, ARIMA and composite forecast models) and less conventional forecasting techniques (State Space and Neural Networks models) are utilized to forecast out-of-sample basis for one-month up to 12-month ...


The Measurement Of Market Power: Short-Run, Long-Run, And Dynamic Adjustment Models , Moon Mo Goo Jan 1997

The Measurement Of Market Power: Short-Run, Long-Run, And Dynamic Adjustment Models , Moon Mo Goo

Retrospective Theses and Dissertations

This study presents an industry analysis of market structure and demonstrates the use of theory-consistent models following the NEIO tradition. The objective of this dissertation is to measure the degree of market power within the context of each of three models: short-run, and long-run equilibrium models, and a dynamic cost of adjustment model with strategic capital investment; and to see how inferences of market power differ across the three cases. The models' differences in this dissertation center on the role of investment in capital. Specification tests are conducted between the short-run versus the long-run, and the short-run versus the dynamic ...


External Shocks And The Real Exchange Rate: A Simulation Model For Egypt , Khalifa Hassanain Jan 1997

External Shocks And The Real Exchange Rate: A Simulation Model For Egypt , Khalifa Hassanain

Retrospective Theses and Dissertations

In March 1990, the Government of Egypt (GOE) launched a comprehensive economic and social reform program (ERSAP) to strengthen Egypt's ongoing adjustment program. The reform program constituted a major break from the policies pursued in the past, and had the underlying objective of modernizing the country and improving living standards. While the program has scored many successes, many observers of the Egyptian economy believe that the real exchange rate (RE) is currently out of equilibrium;The RE prevailing in a country at any point in time is determined by two main factors: structural (e.g., external capital flows, changes ...