Law of one price in the Spanish olive oil market

被引：0
|
作者：
Roldan Casas, Jose Angel [1 ]
Dios-Palomaresa, Rafaela [1 ]
机构：
[1] Univ Cordoba, Dept Estadist, Grp Eficiencia & Prod EFIUCO, Cordoba, Spain
来源：
ECONOMIA AGRARIA Y RECURSOS NATURALES | 2008年 / 8卷 / 15期
关键词：
Olive oil; cointegration; law of one price;
D O I：
暂无
中图分类号：
F [经济];
学科分类号：
02 ;
摘要：
The aim of this paper is the study of long-run market integration of olive oil in Spain and the testing of the Law of One Price (LOP) in this market. The study is carried out using multivariate cointegration methodology and applied to monthly data on olive oil prices in Spain (1987-2001) corresponding to the regions considered by the Spanish Ministry of Agriculture, Fisheries and Food. The results show that Spanish olive oil markets are highly integrated with the Northeast being the leading market. However, perfect integration cannot be accepted.
引用
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页码：37 / 55
页数：19
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