Agricultural Product Prices

Name: Agricultural Product Prices
Price: 169 AUD
Availability: OutOfStock
ISBN: 9780801452307

William G. Tomek, Harry M. Kaiser

$169

Hardback

Not in-store but you can order this
How long will it take?

Availability Information

We source books from suppliers in Australia and overseas. For books we don't currently have in stock, the time it takes to get them from our suppliers can vary widely - from a few days to a few months - so we check each book with each supplier to determine the expected time it will take to be supplied to us.

We will update you on expected arrival time to us. If this delay is too long, please let us know within 2 business days and we can give you options regarding cancelling or adjusting your order. More details on cancelling your order can be found in our Terms of Trade.

To find out the anticipated arrival time for specific items prior to ordering, please contact us by phone or email:

Phone +61 2 9264 3111, or 1800 4 BOOKS (1800 4 26657) if outside Sydney:
option 1 Abbey's Bookshop (Crime, History, Science, Kids & more) • info@abbeys.com.au
option 2 Language Book Centre (ESL & Foreign Languages) • language@abbeys.com.au
option 3 Galaxy Bookshop (Sci-fi, Fantasy, Romance, Graphic Novels) • sf@galaxybooks.com.au

QTY:

English

Cornell University Press
08 May 2014

Food & society; Investment & securities; Primary industries

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.

By: William G. Tomek, Harry M. Kaiser
Imprint: Cornell University Press
Country of Publication: United States
Edition: Fifth Edition
Dimensions: Height: 229mm, Width: 152mm, Spine: 30mm
Weight: 907g
ISBN: 9780801452307
ISBN 10: 0801452309
Pages: 408
Publication Date: 08 May 2014
Recommended Age: From 18 years
Audience: General/trade , ELT Advanced
Format: Hardback
Publisher's Status: Active

William G. Tomek is Professor Emeritus of Applied Economics and Management at Cornell University. Harry M. Kaiser is the Gellert Family Professor of Applied Economics and Management at Cornell University. He is the coauthor of Mathematical Programming Models for Agricultural, Environmental and Resource Economics and coeditor most recently of New Empirical Industrial Organization and the Food System.

Reviews for Agricultural Product Prices

The book is aimed at an intermediate level course in agricultural prices and marketing. This is one of the best books in agricultural prices available at this level. -American Journal of Agricultural Economics (reviewing an earlier edition) In its introduction, the book promises to provide an understanding of the complex arrays of forces that determine the level and behavior of prices and to assist students in bridging theories and empirical analysis on price behavior. It can undoubtedly be said that both promises have been realized in the book. ... The book's intuitive approach to explaining economic concepts makes it appealing for a wider audience in addition to graduate and undergraduate students. In light of the rise in the volatility of global food and agricultural products since 2007/2008, non-economists wishing to understand the basic mechanics of food price behavior could be interested in reading the book. -Tsion Taye Assefa, European Review of Agricultural Economics (November 2014) As a comprehensive reference on agricultural price behaviour at anintermediate level, the book is a worthwhile resource. It is well written andclearly considers and clarifies the principles required to understand theoperation of open-agricultural product markets. I recommend this book tostudents and practitioners alike. -Stuart Mounter, Australian Journal of Agricultural and Resource Economics (April 2016)