TEMPORAL PRICE RELATIONSHIPS IN THE VANCOUVER RAPESEED FUTURES MARKET AND THEIR IMPLICATIONS TO FARM PRICES*

This paper is concerned with an evaluation of pricing performance in the Canadian rapeseed market. Holbrook Working's model of temporal price relationships in continuous inventory futures markets is used to show that Vancouver rapeseed futures are inverted and biased downward. Prices received by producers are affected since the inverted and biased futures prices are reflected through street price committees in Western Canada.
Cet article cherche àévaluer la fluctuation des prix de vente des Graines de colza sur le marché canadien. L'auteur se sen du modèle de Holbrook Working, qui traite des fluctuations sur un inventaire ďactions continuel, afin re montrer que la vente des actions des Graines de colza sur le marché de Vancouver est renversé. Les prix reçus par les producteurs sont affectés parce que les prix renversés des actions sont réflétés par le prix de vente ďactions non enregistrés sur le marché de ľouest Canadien.     

Nature-Based Tourism on the Edge of Urban Development

Urban sprawl in Australian cities is threatening a substantial number of pristine environments. Councils in Local Government Areas are attempting to meet the challenge of providing housing for increasing populations and preserving natural resources, many of which have tourism potential. This paper seeks to promote our understanding of the problems of balancing urban growth and the conservation of natural resources using Campbelltown, an outer suburb of Sydney, as a case study. The paper distinguishes five different types of tourists to highlight the appeal of Campbelltown's natural assets to different markets. A Market/Asset matrix is used to show how the existing level of development affects the expectations and needs of each different market. A framework based on the 'ecotourism paradigm' recently formulated by Ross and Wall (1999b) is used to identify the types of relationships which must exist in order for Campbelltown City Council to develop nature - based tourism in the area to its full potential.     

The Impact of Price-Based and New Product Promotions on Fast Food Restaurant Sales and Stock Prices

A key tool used in demand or revenue management marketing strategies is the application of pricing tactics based on anticipated demand to enhance both customer utility and maximize firm performance (Wirtz et al., 2003). In the restaurant segment, particularly in quick-service restaurants (QSR), organizations focus on two main promotion formats to attract customers: price-based promotions and new product promotions. The purpose of this article is to explore how the number of price-based promotions and new product promotions influence firm sales growth or decline and change in stock prices. Results suggest that new product promotions can have a significant and positive effect on same store sales, whereas price-based promotions tend to results in lower same-store sales changes and changes in stock price. As an additional control for these results, the study controls for economic and seasonal conditions effects.     

The development of economic self‐sufficiency among former welfare recipients: lessons learned from Wisconsin’s welfare to work program

In 1996, the US Congress passed the Personal Responsibility and Work Opportunity Reconciliation Act, changing the culture of welfare from a system of dependency to one of personal responsibility and economic self‐sufficiency through workplace participation. Through the expert views of case managers and area employers of Wisconsin, this research sought to identify the problems and barriers to self‐sufficiency among former welfare recipients and other low‐income workers and the effectiveness of services and programs available to address these barriers. The study found situational barriers, education and learning experience barriers, personal issues and disabilities to impede the development of low‐income workers. The services found to promote the development of economic self‐sufficiency among former welfare recipients were support services, educational and learning programs, employer intervention services and counseling services. The findings suggest that these services could be expanded and made more effective through the collaborative efforts of welfare reform agencies, employers, educational institutions and community‐based organizations.     

Marketing in retailing: a research agenda

Although specific retailing subjects related to marketing have been extensively

researched and presented in academic literature, the overall topic of marketing in

retailing has received little attention. This paper identifies and discusses some

principal marketing in retailing issues that warrant empirical assessment.

Research attention to the questions raised in this paper will provide strategic

Guidelines to retailers seeking to improve the marketing performance of their

organizations.     

Completing Input–Output Tables using Partial Information,with an Application to Canadian Data

This paper develops a three-stage extension of the standard biproportional RAS algorithm-an extension that we label TRAS-to incorporate information in addition to row and column margins. The TRAS algorithm is tested using pseudo-censored input–output tables and is shown to produce more accurate estimates than does the RAS algorithm.