英文文献:International Wheat Price Transmission And Cap Reform
英文文献作者:Thompson, Stanley R.,Bohl, Martin T.
英文文献摘要:
We illustrate how CAP policy reforms influence the transmission of world prices to domestic markets. Monthly wheat price data in Germany are used to obtain price transmission elasticities. Correctly accounting for structural breaks and the time series properties of the data yield transmission elasticities that differ dramatically among policy regimes.