Storage and Commodity Markets (Paperback)

Language: English

Published by Cambridge University Press, Cambridge, 2005

0521023394 / 9780521023399

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Paperback. Storage and Commodity Markets is primarily a work of economic theory, concerned with how the capability to store a surplus affects the prices and production of commodities. Its focus on the behaviour, over time, of aggregate stockpiles provides insights into such questions as how much a country should store out of its current supply of food considering the uncertainty in future harvests. Related topics covered include whether storage or international trade is a more effective buffer and whether stockpiles are more useful in raw or processed form. Several chapters are devoted to analysing such government programmes as price bands, buffer stocks, and strategic reserves. This material is in the domain of applied welfare analysis with public finance. Because the theory presented is sufficiently general, it should be of interest to macroeconomists studying aggregate inventories or savings and to those in operations research studying inventory and pricing policies of large firms. Storage and Commodity Markets is primarily a work of economic theory, concerned with how the capability to store a surplus affects the prices and production of commodities. Its focus on the behaviour, over time, of aggregate stockpiles provides insights into such questions as how much a country should store out of its current supply of food considering the uncertainty in future harvests. This item is printed on demand. Shipping may be from our UK warehouse or from our Australian or US warehouses, depending on stock availability. …

Title
Storage and Commodity Markets (Paperback)
Author
Jeffrey C. Williams
Publisher
Cambridge University Press, Cambridge
Publication year
2005
Condition
new
Binding
Paperback
Language
English
ISBN 10
0521023394
ISBN 13
9780521023399

CitiRetail

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AbeBooks seller since June 29, 2022

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