Investigating dynamic price co-movements in the international milk market using copulas: The role of trade agreements

Rezitis, Anthony N.; Rokopanos, Andreas; Tsionas, Efthymios G.

doi:10.1016/j.econmod.2020.12.016

Cited by 4 publications

(1 citation statement)

References 19 publications

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“…In today's global context, bilateral, regional and even multilateral trade agreements are showing significant growth, the number of countries joining international trade agreements is also increasing, and the scope of international trade agreements is becoming more and more extensive. In the context of the vigorous development of international trade agreements, international trade agreements as an international economic contract with the state as the actor, fulfillment and compliance is the key link to achieving the purpose of its conclusion [7][8]. According to the tradition and general view of international trade agreements, the premise of the national government to join an agreement is that the agreement can promote cooperation with other countries and be in line with the country's interests.…”

Section: Introductionmentioning

confidence: 99%

Analyzing the decision-making process of international trade agreements using Petri nets

2023

Applied Mathematics and Nonlinear Sciences

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This paper aims to analyze regulatory cooperation in international trade agreements by combining petri net models with intuitionistic fuzzy petri net models. A security information system for international trade agreements combines formal mathematical methods with visual graphics. The correlation matrix and invariants method is utilized to analyze invariants in international trade agreements. The correlation matrix reorganization algorithm is employed to examine correlation factors in the decision-making process of international trade agreements. The results show that the fuzzy Petri net model has the least fluctuation in analyzing the information security posture value of international trade agreements, and the security posture value floats between 6.7 and 7.3. The newest ITA regulation is 0.2 higher than the traditional regulation in consistency, the embodiment of the newest ITA regulation in democracy is 0.75, and the transparency in the newest ITA regulation is increased by 0.3. This paper’s research enhances the useful data and information for analyzing the factors influencing ITAs’ decision-making.

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Section: Introductionmentioning

confidence: 99%

Analyzing the decision-making process of international trade agreements using Petri nets

2023

Applied Mathematics and Nonlinear Sciences

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Trajectories of socio-ecological systems: A case study in the tropical Andes

Berrio-Giraldo,

Villegas-Palacio,

Arango-Aramburo

et al. 2024

Ambio

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Scenario and policy assessments in socioeconomic and environmental studies face significant challenges in socio-ecological systems (SES). There are a limited number of studies that have looked at the impact of different scenarios within integrated approaches, and many have used a static approach with a single driver of change. The present work analyzes the SES dynamics for a strategic basin in the Colombian Andes when implementing and analyzing scenarios and policies related to land cover and land use change using a system dynamics simulation model. The model includes natural, ecosystem services, sociocultural, and economic components. Scenarios and policy options are analyzed both individually and jointly to identify synergies or trade-off effects between the different SES components. The results showed the different trajectories of the socio-ecological system according to the cases studied, and its impact on different variables in the analyzed components. Some counterintuitive effects were also identified, such as the importance of intrinsic motivations in decision-making processes, and determinants in land management and policy design.

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Modeling energy prices under energy transition: A novel stochastic-copula approach

2021

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Investigating dynamic price co-movements in the international milk market using copulas: The role of trade agreements

Cited by 4 publications

References 19 publications

Analyzing the decision-making process of international trade agreements using Petri nets

Analyzing the decision-making process of international trade agreements using Petri nets

Trajectories of socio-ecological systems: A case study in the tropical Andes

Modeling energy prices under energy transition: A novel stochastic-copula approach

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