Transaction costs in beans market in Brazil

被引:0
|
作者
Venancio Assuncao, Paulo Eterno [1 ]
Wander, Alcido Elenor [2 ,3 ]
机构
[1] Univ Fed Goias, Programa Posgrad Agron, Goiania, Go, Brazil
[2] EMBRAPA, Fac Alves Faria ALFA, BR-75375000 Santo Antonio De Goias, Go, Brazil
[3] EMBRAPA, Ctr Nacl Pesquisa Arroz & Feijao, BR-75375000 Santo Antonio De Goias, Go, Brazil
来源
CIENCIA RURAL | 2015年 / 45卷 / 05期
关键词
co-integration; threshold autoregressive model; common bean;
D O I
10.1590/0103-8478cr20140725
中图分类号
S3 [农学(农艺学)];
学科分类号
0901 ;
摘要
This paper aimed to evaluate the presence of transaction costs in the beans market in Brazil. Therefore, threshold autoregressive (TAR) models were used to check co-integration and the existence of transaction costs in the Brazilian beans market. The results confirmed the presence of transaction costs in the beans market, which are mainly related to the freight component of production, since the markets are often far away from the producing regions.
引用
收藏
页码:933 / 938
页数:6
相关论文
共 50 条
  • [1] Futures market transaction costs
    Locke, PR
    Venkatesh, PC
    [J]. JOURNAL OF FUTURES MARKETS, 1997, 17 (02) : 229 - 245
  • [2] Market Equilibrium with Transaction Costs
    Chakraborty, Sourav
    Devanur, Nikhil R.
    Karande, Chinmay
    [J]. INTERNET AND NETWORK ECONOMICS, 2010, 6484 : 496 - +
  • [3] Frontier market transaction costs and diversification
    Marshall, Ben R.
    Nguyen, Nhut H.
    Visaltanachoti, Nuttawat
    [J]. JOURNAL OF FINANCIAL MARKETS, 2015, 24 : 1 - 24
  • [4] Corporate bond market transaction costs and transparency
    Edwards, Amy K.
    Harris, Lawrence E.
    Piwowar, Michael S.
    [J]. JOURNAL OF FINANCE, 2007, 62 (03): : 1421 - 1451
  • [5] On option pricing in binomial market with transaction costs
    Alexander V. Melnikov
    Yury G. Petrachenko
    [J]. Finance and Stochastics, 2005, 9 : 141 - 149
  • [6] Property rights, transaction costs, and the limits of the market
    Carmine Guerriero
    [J]. Economics of Governance, 2023, 24 : 143 - 176
  • [7] TAXES AND TRANSACTION COSTS IN ASSET MARKET EQUILIBRIUM
    LEAPE, JI
    [J]. JOURNAL OF PUBLIC ECONOMICS, 1987, 33 (01) : 1 - 20
  • [8] TRANSACTION COSTS IN NON-MARKET ECONOMIES
    SACKS, SR
    [J]. JOURNAL OF INSTITUTIONAL AND THEORETICAL ECONOMICS-ZEITSCHRIFT FUR DIE GESAMTE STAATSWISSENSCHAFT, 1988, 144 (05): : 865 - 870
  • [9] CAPITAL-MARKET EQUILIBRIUM WITH TRANSACTION COSTS
    CONSTANTINIDES, GM
    [J]. JOURNAL OF POLITICAL ECONOMY, 1986, 94 (04) : 842 - 862
  • [10] Transaction costs and the structure of the market: A case study
    Wang, N
    [J]. AMERICAN JOURNAL OF ECONOMICS AND SOCIOLOGY, 1999, 58 (04) : 783 - 805