Causality between White Pepper and Black Pepper: Evidence from Six Markets in Sarawak

The study of various spatial price relationships is indeed crucial and has been greatly sought after. Likewise, this study is rather a debatable topic these days especially towards the pricing activity and competitiveness within the pepper industry. Evidence from six markets within Sarawak had found...

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Main Authors:	Lau, Evan, Puah, Chin-Hong, Oh, Swee-Ling, Lo, Yan-Ching
Format:	Article
Language:	English
Published:	Munich Personal RePEc Archive (MPRA) 2008
Subjects:	S Agriculture (General)
Online Access:	http://ir.unimas.my/2340/ http://ir.unimas.my/2340/ http://ir.unimas.my/2340/1/Causality%2Bbetween%2BWhite%2BPepper%2Band%2BBlack%2BPepper-Evidence%2Bfrom%2BSix%2BMarkets%2Bin%2BSarawak.pdf

id	unimas-2340
recordtype	eprints
spelling	unimas-23402016-04-14T07:04:31Z http://ir.unimas.my/2340/ Causality between White Pepper and Black Pepper: Evidence from Six Markets in Sarawak Lau, Evan Puah, Chin-Hong Oh, Swee-Ling Lo, Yan-Ching S Agriculture (General) The study of various spatial price relationships is indeed crucial and has been greatly sought after. Likewise, this study is rather a debatable topic these days especially towards the pricing activity and competitiveness within the pepper industry. Evidence from six markets within Sarawak had found that a long run relationship between the pepper markets does actually exist. And using the MWALD test though, findings revealed that the white pepper prices do Granger cause the black pepper prices in all divisions. However, there is no indication of causality that runs from the black pepper towards the white pepper. In other words, white pepper does affect the black pepper, but not the other way around. Due to the integration within the pepper industry, thus, excess profit making opportunity will not be made beneficial as the pepper markets are efficient. Munich Personal RePEc Archive (MPRA) 2008 Article NonPeerReviewed text en http://ir.unimas.my/2340/1/Causality%2Bbetween%2BWhite%2BPepper%2Band%2BBlack%2BPepper-Evidence%2Bfrom%2BSix%2BMarkets%2Bin%2BSarawak.pdf Lau, Evan and Puah, Chin-Hong and Oh, Swee-Ling and Lo, Yan-Ching (2008) Causality between White Pepper and Black Pepper: Evidence from Six Markets in Sarawak. -. http://mpra.ub.uni-muenchen.de/
repository_type	Digital Repository
institution_category	Local University
institution	Universiti Malaysia Sarawak
building	UNIMAS Institutional Repository
collection	Online Access
language	English
topic	S Agriculture (General)
spellingShingle	S Agriculture (General) Lau, Evan Puah, Chin-Hong Oh, Swee-Ling Lo, Yan-Ching Causality between White Pepper and Black Pepper: Evidence from Six Markets in Sarawak
description	The study of various spatial price relationships is indeed crucial and has been greatly sought after. Likewise, this study is rather a debatable topic these days especially towards the pricing activity and competitiveness within the pepper industry. Evidence from six markets within Sarawak had found that a long run relationship between the pepper markets does actually exist. And using the MWALD test though, findings revealed that the white pepper prices do Granger cause the black pepper prices in all divisions. However, there is no indication of causality that runs from the black pepper towards the white pepper. In other words, white pepper does affect the black pepper, but not the other way around. Due to the integration within the pepper industry, thus, excess profit making opportunity will not be made beneficial as the pepper markets are efficient.
format	Article
author	Lau, Evan Puah, Chin-Hong Oh, Swee-Ling Lo, Yan-Ching
author_facet	Lau, Evan Puah, Chin-Hong Oh, Swee-Ling Lo, Yan-Ching
author_sort	Lau, Evan
title	Causality between White Pepper and Black Pepper: Evidence from Six Markets in Sarawak
title_short	Causality between White Pepper and Black Pepper: Evidence from Six Markets in Sarawak
title_full	Causality between White Pepper and Black Pepper: Evidence from Six Markets in Sarawak
title_fullStr	Causality between White Pepper and Black Pepper: Evidence from Six Markets in Sarawak
title_full_unstemmed	Causality between White Pepper and Black Pepper: Evidence from Six Markets in Sarawak
title_sort	causality between white pepper and black pepper: evidence from six markets in sarawak
publisher	Munich Personal RePEc Archive (MPRA)
publishDate	2008
url	http://ir.unimas.my/2340/ http://ir.unimas.my/2340/ http://ir.unimas.my/2340/1/Causality%2Bbetween%2BWhite%2BPepper%2Band%2BBlack%2BPepper-Evidence%2Bfrom%2BSix%2BMarkets%2Bin%2BSarawak.pdf
first_indexed	2018-09-06T14:50:12Z
last_indexed	2018-09-06T14:50:12Z
_version_	1610870069297938432

Causality between White Pepper and Black Pepper: Evidence from Six Markets in Sarawak

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