Recognizing the lack of retail-demand response, a state regulator, such as the California Public Utilities Commission (CPUC), seeks tariff proposals that transmit wholesale price signals to a local distribution company's (LDC) retail customers.
In our idea, the pricing behavior of Italian pasta makers might presumably be scrutinized by investigating on how producers have transmitted semolina price variations into pasta price.
Meanwhile, rejecting H 10 and not H 20 would suggest that prices only transmit unidirectionally from export price x to export price y, while rejecting H 20 and not H 10 would suggest the opposite.
In 1972, Mr Cantor hit upon the idea of transmitting bond prices by computer, and his Telerate screens became fixtures in trading rooms.
In the middle of the 19th century Paul Julius Reuter, a German immigrant to London, made a business of transmitting stock prices from the European continent to England by telegraph, boat and even carrier pigeon to places the telegraph lines didn't reach.
In line with the Granger results, the Toda-Yamamoto tests suggest that Vietnam has the most far reaching effect on other international rice prices as the results in Table 3 suggest that Vietnamese prices transmit to all four of the other prices included in the analysis.
Although the causality tests found Argentinean prices to transmit over to US prices, the IRF graph shows that its magnitude is barely significant for the second month after the original shock.
While these findings may conform to Dawe's (2008) conclusion, in the short run, that US and Asian rice prices in contemporary times are unrelated, the fact that the Toda-Yamamoto causality results found Asian prices to transmit over to US prices raises some doubt over the view that US and Asian rice markets function as two separate commodity markets.
There is evidence that crude oil prices transmit to Oceania butter and palm oil prices.
It is now assumed that, in the second period, World prices rise7 and transmit to the Local price.
