From: The distortion in the EU feed market due to import constraints on genetically modified soy
Dep. Var.\((\Delta {y}_{t})\) | \(\Delta {\mathit{ln}Feed\left(poultry\right)}_{t}\) | |||
---|---|---|---|---|
Sweden.Ref | Sweden.Alt | Austria.Ref | Austria.Alt | |
\(Adjustment coeft.\) | − 0.252*** (0.062) | − 0.349*** (0.062) | − 0.195*** (0.062) | − 0.278*** (0.076) |
\(\Delta {y}_{t-1}\) | 0.308*** (0.083) | 0.327*** (0.082) | − 0.277*** (0.086) | − 0.185* (0.107) |
\(\Delta {\mathit{ln}SoyNonGM}_{t-1}^{+}\) | 0.189** (0.072) | 0.190*** (0.069) | 0.140** (0.069) | 0.187** (0.072) |
\(\Delta {\mathit{ln}SoyNonGM}_{t-2}^{+}\) | − 0.193** (0.075) | – | − 0.063 (0.071) | – |
\(\Delta {\mathit{ln}SoyNonGM}_{t-3}^{+}\) | – | – | 0.128* (0.068) | – |
\(\Delta {\mathit{ln}SoyNonGM}_{t-1}^{-}\) | 0.232*** (0.087) | 0.164* (0.091) | − 0.065 (0.084) | − 0.098 (0.088) |
\(\Delta {\mathit{ln}SoyNonGM}_{t-2}^{-}\) | − 0.111 (0.084) | − 0.013 (0.015) | 0.199*** (0.073) | 0.256*** (0.089) |
\(\Delta {\mathit{ln}SoyNonGM}_{t-3}^{-}\) | – | 0.228** (0.093) | − 0.181** (0.075) | − 0.105 (0.083) |
\(\Delta ln{Wheat}_{t-1}\) | − 0.108** (0.046) | − 0.075 (0.046) | 0.005 (0.021) | − 0.005 (0.022) |
\(\Delta ln{Wheat}_{t-2}\) | 0.128*** (0.045) | 0.101** (0.045) | – | − 0.021 (0.032) |
\(\Delta ln{Wheat}_{t-3}\) | 0.082** (0.032) | 0.062* (0.032) | – | − 0.043 (0.028) |
\(\Delta ln{Barl}_{t-1}\) | 0.139** (0.053) | 0.118** (0.051) | 0.032 (0.029) | 0.066** (0.033) |
\(\Delta ln{Barl}_{t-2}\) | − 0.162*** (0.052) | − 0.159*** (0.052) | − 0.031 (0.029) | − 0.020 (0.040) |
\(\Delta ln{Barl}_{t-3}\) | – | – | 0.073** (0.028) | 0.068** (0.033) |
\(\Delta ln{Maize}_{t-1}\) | – | – | 0.016 (0.039) | 0.002 (0.041) |
\(\Delta ln{Maize}_{t-2}\) | – | – | – | 0.094** (0.039) |
\(\Delta {\mathit{ln}SoyGM}_{t-1}\) | – | − 0.109 (0.071) | – | 0.040 (0.085) |
\(\Delta {\mathit{ln}SoyGM}_{t-2}\) | – | 0.111** (0.064) | – | – |
\(\Delta {\mathit{ln}SoyGM}_{t-3}\) | – | 0.118** (0.055) | – | – |
\(\Delta {SD}_{1}\) | − 0.011 (0.006) | − 0.013** (0.006) | 0.003 (0.007) | − 0.015* (0.009) |
\(\Delta {SD}_{2}\) | − 0.013** (0.006) | − 0.009 (0.007) | − 0.001 (0.007) | − 0.011 (0.008) |
\(\Delta {DU}_{B}\) | 0.020 (0.013) | 0.024* (0.014) | − 0.019* (0.011) | − 0.017* (0.012) |
\(\Delta {DT}_{B}\) | − 0.001 (0.001) | − 0.001 (0.001) | 0.000 (0.001) | − 0.000 (0.001) |