{"product_id":"primary-commodity-prices-economic-models-and-policy-hardback-9780521385503","title":"Primary Commodity Prices; Economic Models and Policy (Hardback) 9780521385503","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003ePrimary Commodity Prices\u003c\/font\u003e\u003cbr\u003e\r\n\u003cfont size=\"5\"\u003eEconomic Models and Policy\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cem\u003eThis book reports the proceedings of a major international conference on 'Primary Commodity Prices: Economic Models and Policy'.\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eL. Alan Winters (Edited by), David Sapsford (Edited by)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780521385503, Cambridge University Press\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 8 March 1990\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e328 pages\u003cbr\u003e22.8 x 15.2 x 2.7 cm, 0.605 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003eCommodity markets are of considerable interest and importance to economists, econometricians and dealers. This book reports the proceedings of an international conference on 'Primary Commodity Prices: Economic Models and Policy', held in London under the auspices of the Centre for Economic Policy Research in March 1989. A range of papers by leading international authorities covers topics such as expectations formation in econometric commodity market models; price determination in the market for aluminium; the estimation of dynamic disequilibrium models with rational expectations; and a comparison of forward markets and buffer stocks as commodity earnings stabilizers. A key feature of this stock is its development of the policy implications of theoretical and empirical work in the field of commodity economics. Most papers are accompanied by discussant's comments to draw out their technical and policy implications. The book's readership will include commodity economists, commodity market practitioners and policy analysis, as well as professionals and advanced students interested in the fields of applied econometrics, economic development and international trade.\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eList of figures\u003cbr\u003e List of tables\u003cbr\u003e Preface\u003cbr\u003e List of conference participants\u003cbr\u003e 1. Primary commodity prices: an introduction to the major policy and modelling challenges L. Alan Winters and David Sapsford\u003cbr\u003e Part I. Econometric Analysis: 2. Estimation of dynamic disequilibrium models with rational expectations: the case of commodity markets G. S. Maddala\u003cbr\u003e 3. Modelling expectations formation in primary commodity markets Christopher L. Gilbert and Theodosios B. Palaskas\u003cbr\u003e 4. The prices of perennial crops: the role of rational expectations and commodity stocks Pravin K. Trivedi\u003cbr\u003e Part II. Sectoral Studies: Foods, Materials and Energy: 5. Modelling the interactive effects of alternative sets of policies on agricultural prices Richard E. Just\u003cbr\u003e 6. Price determination in the market for aluminium Anthony Bird\u003cbr\u003e 7. Long-run factors in oil price formation Marian Radetzki\u003cbr\u003e Part III. Stabilization Schemes: 8. The role of future markets as stabilizers of commodity earnings Andrew J. Hughes Hallett and Prathap Ramanujam\u003cbr\u003e 9. Primary commodity prices and exchange-rate volatility Paul Kofman, Jean Marie Viaene and Casper G. de Vries\u003cbr\u003e 10. Commodity policy: price stabilization versus financing Roland Herrmann, Kees Burger and Hidde P. Smit\u003cbr\u003e Index.\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: International trade [\u003ca title=\"See our other books on International trade\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22International%20trade%20%5BKCLT%5D%22\"\u003eKCLT\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Cambridge University Press","offers":[{"title":"Default Title","offer_id":46007211327768,"sku":"9780521385503","price":53.89,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/products\/9780521385503i_6b22d959-d23c-40a5-bd94-a00d84a0de11.jpg?v=1691376157","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/primary-commodity-prices-economic-models-and-policy-hardback-9780521385503","provider":"Freshly Printed Books","version":"1.0","type":"link"}