Agricultural and Food Economics

Table 8 Results from the TVAR model in Australian beef price

From: Impacts of corn price and imported beef price on domestic beef price in South Korea

	Regime	Intercept		DAUSP (-1)		DCORNP (-1)		DKORP (-1)
DAUSP (11.40%)	1	−157.462		−0.840		3.172		0.030
	2	10.883		−0.053		−0.001		1.489
	3	33.261		−0.163		−1.797		−0.019
DCORNP (69.30%)	1	−14.893		−0.036		0.090		−0.001
	2	0.183		−0.001		0.183	***	−0.003	*
	3	−5.032		0.019		0.152		−0.001
DKORP (19.30%)	1	1992.633	***	5.037	***	−39.993	***	−0.599	***
	2	130.931		1.489	***	1.426		−0.297	***
	3	−335.071		0.067		22.135	***	−0.397	*

Threshold value: −278.15 and 198.29. Percentage of observations in each regime: 11.4, 69.3, and 19.3%. Note: (-1) indicates first lag
Significant level: ***1% and *10%

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