TRADE POLICY CHANGE AND PRICE VOLATILITY SPILLOVER IN A CUSTOMS UNION: A CASE STUDY OF LAMB TRADE BETWEEN NAMIBIA AND SOUTH AFRICA

TRADE POLICY CHANGE AND PRICE VOLATILITY SPILLOVER IN A CUSTOMS UNION: A CASE STUDY OF LAMB TRADE BETWEEN NAMIBIA AND SOUTH AFRICA

Namibia introduced the “Small Stock Marketing Scheme” (SSMS) in 2004 which replaced 15% export duty on live sheep exports to South Africa with progressively demanding quantitative restrictions. This policy increased price volatility in the Namibian sheep market. We used relevant monthly price dat...

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Bibliographic Details
Main Authors: Rakhal Sarker, Olubukola Ayodeji Oyewumi
Format: Article
Language:English
Published: International Journal of Food and Agricultural Economics 2015-01-01
Series:International Journal of Food and Agricultural Economics
Subjects:
Small Stock Marketing Scheme
Lamb Trade
Volatility Spill-Over
Persistence
EGARCH
Online Access:http://www.foodandagriculturejournal.com/vol3.no1.pp63.pdf

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