000			03056 a2200217 4500
008			160711b2014 xxu||||| |||| 00| 0 eng d
020			_a9780801452307
082			_a338.130973 _bT6A4-2014
100			_aTomek, William G. _933426
245			_aAgricultural product prices _cTomek, William G.
250			_a5th ed.
260			_aIthaca _bCornell University Press _c2014
300			_axii, 394 p.
504			_aTable of Contents: 1. Introduction Part I. Principles of Price Determination 2. Demand for Agricultural Products 3. Demand Elasticities and Related Coefficients 4. Supply Relationships in Agriculture 5. Price Determination: Theory and Practice Part II. Price Differences and Variability 6. Marketing Margins 7. Price Differences Associated with Quality 8. Spatial Price Relationships 9. Price Variation through Time 10. General Farm–Non-farm Price Relationships Part III. Pricing Institutions 11. Mechanisms for Discovering Prices 12. Price Relationships on Commodity Futures Markets 13. Functions of Commodity Futures Markets 14. Background for Price Analysis 15. Using and Evaluating Results 16. Applications
520			_a Winner of the 1997 Publication of Enduring Quality Award given by the American Agricultural Economics Association Published continuously since 1972, Agricultural Product Prices has become the standard textbook and reference work for students in agricultural and applied economics, buyers and sellers of commodities, and policymakers, clearly explaining conceptual and empirical models applicable to agricultural product markets. The new fifth edition uses up-to-date information and models to explain the behavior of agricultural product prices. Topics include price differences over market levels (marketing margins), price differences over space (regionally and internationally) and by quality attributes, and price variability with the passage of time (seasonal and cyclical variations, trends, and random behavior). William G. Tomek and Harry M. Kaiser review and adapt microeconomic principles to the characteristics of agricultural commodity markets and then apply these principles to the various dimensions of price behavior. They also provide an in-depth discussion of prices established for futures contracts and their relationship to cash (spot) market prices; cover the influential roles of price discovery institutions, such as auctions and negotiated contracts, and government policies regulating trade and farms; and discuss the specification, use, and evaluation of empirical models of agricultural prices, placing emphasis on the challenges of doing high-quality, useful analyses and interpreting results. (http://www.cornellpress.cornell.edu/book/?GCOI=80140100406880)
650			_aBusiness and economics - Economics - Microeconomics
650			_aBusiness and economics - Industries - Agribusiness
650			_aBusiness and economics - Investments and securities - Commodities
700			_aKaiser, Harry M. _9334579
942			_2ddc _cBK
999			_c390729 _d390729