An analysis of time on market and advertised to sale price differences over time

2012 ◽  
2021 ◽  
Vol 19 (1) ◽  
pp. 63-73
Author(s):  
Aimable Nsabimana ◽  
Fidele Niyitanga ◽  
Dave D. Weatherspoon ◽  
Anwar Naseem

Abstract Rwanda’s “Crop Intensification Program (CIP)” is primarily a land consolidation program aimed at improving agricultural productivity and food security. The program, which began in 2007, focuses on monocropping and commercialization of six priority crops: maize, wheat, rice, white potato, beans, and cassava. CIP has facilitated easy access to improved seed stocks, fertilizer, extension services, and postharvest handling and storage services. Although studies have documented the impact of CIP on changes in farm yield, incomes, and productivity, less is known about its impact on food prices. In this study, we examine the crop-food price differences in intensive monocropped CIP and non-intensive monocropped CIP zones in Rwanda. Specifically, the study evaluates price variations of beans and maize along with complementary food crops in intensive and non-intensive monocropped zones before and after the introduction of the CIP policy. We find that the CIP policy is not associated with differences in CIP crop prices between the intensive and non-intensive monocropped zones. Over time, prices increased for CIP crops but generally, the crop prices in the two zones were cointegrated. Prices for non-CIP crops in the two different zones did show price differentials prior to the implementation of CIP, with the prices in intensive monocropped zones being greater than in the non-intensive monocropped zones. Moreover, the prices in intensive areas are cointegrated with prices in non-intensive areas for maize and beans and these prices are converging. This indicates that farmers who intensively produced one CIP crop were able to go to the market and purchase other food crops and that price differences between zones have decreased over time, potentially making the CIP intensive farmers better off.


Author(s):  
Fabian Y. R. P. Bocart ◽  
Marina Gertsberg ◽  
Rachel A. J. Pownall

AbstractWe study prices paid at auction for artworks created by male and female artists, based on birth-identified sex, and how these prices have evolved over time. Artworks produced by female artists comprise less than 4% of art auction sales; after controlling for artwork characteristics, we find that artworks by female artists are 4.4% more expensive than artworks by male artists. In the top echelon of the art market—for sales above $1 million—artworks by male artists sell for 18.4% more than by female artists. The top 40 artists represent 40% of total market share; no female artist makes the top 40 ranking of artists in terms of total sales value at auction in the period under study, 2000–2017. However, for contemporary artists, our empirical results show that works by male artists sell for 8.3% more than their female counterparts. Overall, this study highlights significant price differences across birth-identified sex in the secondary market for fine art.


2013 ◽  
Vol 21 (2) ◽  
pp. 45-55
Author(s):  
Iwona Foryś ◽  
Ewa Putek–Szeląg

Abstract Trading in agricultural land in the Zachodniopomorskie Voivodeship (a high-level administrative subdivision of Poland) is strictly connected with the local activity of the ANR (Agencja Nieruchomości Rolnych - Agricultural Market Agency), which is the effect of historical problems concerning the ownership of arable land left over from the communist era. In effect, the Polish State Treasury is still in charge of managing state-owned farmland and, therefore, plays an important role in shaping local agricultural land markets. The study includes all the sale transactions concluded by the Szczecin division of the ANR in the Zachodniopomorskie gminas. The subjects of the study are lands described by quantitative variables, such as: property size, location, date of sale and sale price. The purpose of the study was to define the structure of agricultural land sold by the ANR. The authors verified their research hypothesis concerning the stability of land structure over time of the agricultural land being sold.


2021 ◽  
Author(s):  
Monica Meraz ◽  
Jose Alvarez-Ramirez ◽  
Eduardo Rodriguez

Abstract This work examined the information efficiency of the European CO2 trading market for the period 2008-2021. The analysis is based on the singular value decomposition (SVD) approach and the task is to test whether the dynamics of logarithmic price differences are consistent with a random process. The results showed that the information efficiency changes over time and scales, which is in line with adaptive market hypothesis notions. High market efficiency was exhibited in Phase II (2008-2012), but large deviations from efficiency, especially for quarterly scale, were exhibited in Phase III. However, Phase IV has shown a behavior that is consistent with the information efficiency. The findings in the present study suggest that the European carbon market is gradually attaining a state of financial maturity.


2019 ◽  
Vol 51 (02) ◽  
pp. 304-314
Author(s):  
Christopher N. Boyer ◽  
Kelsey Campbell ◽  
Andrew P. Griffith ◽  
Karen L. DeLong ◽  
Justin Rhinehart ◽  
...  

AbstractWe estimate the values of bull phenotypic traits, performance measurements, and expected progeny differences (EPDs) over time using bull sale data from an auction in Tennessee from 2006 to 2016. Moreover, we determine how a state partial-cost reimbursement program for bulls with certain EPDs affects bull sale price. Purebred seed stock producers in this region should focus on selling large, fast-growing, mature bulls that produce lighter calves for reduced calving stress. The state cost-share payment did not significantly increase bull prices in most years, meaning this payment was retained by cow-calf producers in most years.


1973 ◽  
Vol 5 (2) ◽  
pp. 51-55
Author(s):  
John E. Ikerd

Interregional trade and associated price differences between regions has been the subject of extensive economic analysis. Trade patterns reflect intraregional supply and demand conditions and transfer cost among regions. Once patterns of trade are established, price differences among regions simply reflect transfer cost from exporting to importing regions. But, patterns of trade do not necessarily remain stable over time.


2018 ◽  
Vol 41 ◽  
Author(s):  
David Hirshleifer ◽  
Siew Hong Teoh

AbstractEvolved dispositions influence, but do not determine, how people think about economic problems. The evolutionary cognitive approach offers important insights but underweights the social transmission of ideas as a level of explanation. The need for asocialexplanation for the evolution of economic attitudes is evidenced, for example, by immense variations in folk-economic beliefs over time and across individuals.


1988 ◽  
Vol 19 (3) ◽  
pp. 251-258 ◽  
Author(s):  
Virginia I. Wolfe ◽  
Suzanne D. Blocker ◽  
Norma J. Prater

Articulatory generalization of velar cognates /k/, /g/ in two phonologically disordered children was studied over time as a function of sequential word-morpheme position training. Although patterns of contextual acquisition differed, correct responses to the word-medial, inflected context (e.g., "picking," "hugging") occurred earlier and exceeded those to the word-medial, noninflected context (e.g., "bacon," "wagon"). This finding indicates that the common view of the word-medial position as a unitary concept is an oversimplification. Possible explanations for superior generalization to the word-medial, inflected position are discussed in terms of coarticulation, perceptual salience, and the representational integrity of the word.


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