Technological changes in agriculture tend to alter the mass associated with segments or components of the yield distribution as opposed to simply shifting the entire distribution upwards. We propose modeling crop yields using mixtures with embedded trend functions to account for potentially different rates of technological change in different components of the yield distribution. By doing so we…

We present a Maximum Likelihood estimator for the standard commodity storage model with stockouts, based on prices only. While it imposes no additional assumptions on the model, the Maximum Likelihood estimator has small sample properties superior to those of the Pseudo Maximum Likelihood approach. We provide a proof that is crucial for applying our estimator to the model with normal harvests a…

This article examines the empirical support for the hypothesized hedonic theoretical relation between the price of wine and its quality. The examination considers over 180 hedonic wine price models developed over 20 years, covering many countries. The research identifies that the relation between the price of wine and its sensory quality rating is a moderate partial correlation of +0.30. This c…

Information contained in high-frequency financial market data reveals that a 10 basis-point surpris increase in interest rates causes commodity prices to fall immediately by approximately 0.6%. This is similar to the estimated responses of both the Standard and Poor�s 500 and a United States trade weighted exchange rate index, and approximately five times larger than the response in a stan…

A recently developed testing procedure is used to detect and date-stamp explosive episodes (�bubbles�) in corn, soybean, and wheat futures markets during 2004�2013. We find that the markets experienced price explosiveness only approximately two percent of the time and, when bubbles do occur, they are generally short-lived and small in magnitude. The correspondence between observe…

In a well-functioning futures market, the futures price at expiration equals the price of the underlying asset. This condition failed to hold in grain markets for most of 2005-2010, calling into question the ability of these markets to perform their price discovery and risk management functions. During this period, futures contracts expired up to 35% above the cash grain price. We develop a dyn…

Crop yield shocks are partially predictable�high planting-time futures prices have tended to indicate that yield would be below trend. As a result, regressions of total caloric production on futures prices produce estimates of the supply elasticity that are biased downwards by up to 75%. Regressions of the world�s growing area on futures prices have a much smaller bias of about 20% be…

PENGARUH KUALITAS PELAYANAN TERHADAP KEPUASAN PELANGGAN RESTORAN SUSHI TEI CABANG PONDOK INDAH MALL 2 JAKARTA. Skripsi. Program Strata Satu Program Studi Manajemen. Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Prof. DR. HAMKA. 2015. Jakarta. Kata kunci : Kualitas Pelayanan, Kepuasan Pelanggan Penelitian ini bertujuan untuk mengetahui bagaimana pengaruh kualitas pelayanan terhadap …

PENGARUH PEMASARAN ONLINE TERHADAP KEPUTUSAN PEMBELIAN PRODUK BAJU GREENESTION FASHION PADA TOKO GREENESTIO STORE TANAH ABANG JAKARTA PUSAT. Skripsi. Program Strata Satu Program Studi Manajemen. Fakultas Ekonomi dan Bisnis Universitas Muhammadiyah Prof. DR. HAMKA. 2015. Jakarta. Kata kunci : Pemasaran Online, Keputusan Pembelian Penelitian ini bertujuan untuk mengetahui bagaimana pengaruh P…

Tahun Terbit

2007

Deskripsi Fisik

iii, 46 hlm.; 21 cm

No. Panggil

371/PED