Market Interrelationships and Applied Demand Analysis
Language: English
Published by Springer International Publishing Jun 2021, 2021
Series: Book 14 of 17 - Palgrave Studies in Agricultural Economics and Food Policy
- Softcover
- New
Seller: BuchWeltWeit Ludwig Meier e.K., Bergisch Gladbach, GermanyBuchWeltWeit Ludwig Meier e.K.
AbeBooks seller since January 11, 2012
Condition: New
£ 60.51
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Add to basketItem description from seller
This item is printed on demand - it takes 3-4 days longer - Neuware -This textbook addresses the core issues facing economists concerning price determination in commodity markets, especially food and agricultural commodities. This book hones in on the conceptual basis of the various relationships, with special emphasis on market interrelationships, both horizontally and vertically. This book covers key concepts such as consumer demand theory; quality, heterogeneous goods, and cross section demand; derived demand, marketing margins, and relationship between output and raw material prices; retail-to-farm demand linkages, imperfect competition, and short-run price determination; dynamic consumer demand; and dynamic models of the firm.What makes this textbook of particular use to students is its focus on bridging the gap between theory and empirical analysis. Going from theory to empirics requires that we have data-time series or cross section-that match the theoretical constructs. Often the data match is not perfect, either by definition or how the data are computed. In addition to problems of matching data with theoretical constructs, students and researchers need to know how to specify, estimate, and interpret results within the context of imperfect and often incomplete data. This textbook uses several data sets to illustrate how one might address problems in real-world settings. Furthermore, with exercises at the end of each chapter, students are able to test themselves on their ability to bring theory to life. 248 pp. Englisch.…
Seller Inventory # 9783030731434
- Title
- Market Interrelationships and Applied Demand Analysis
- Author
- Michael K. Wohlgenant
- Publisher
- Springer International Publishing Jun 2021
- Publication year
- 2021
- Condition
- Neu
- Binding
- Taschenbuch
- Language
- English
- ISBN 10
- 303073143X
- ISBN 13
- 9783030731434
- Item weight
- 382 grams
- Dimensions
- 235x155x14 mm
- Series
- Book 14 of 17: Palgrave Studies in Agricultural Economics and Food Policy
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About the Author
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BuchWeltWeit Ludwig Meier e.K.
Bergisch Gladbach, Germany
AbeBooks seller since January 11, 2012
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