2065826
Modelling the global wheat market using a GVAR model extra info.
Author(s)
[S.l : s.n.]
50 p
Msc Thesis MSc Thesis Agricultural Economics and Rural Policy - Management, Economics and Consumer Studies - Agricultural Economics and Rural Policy - Wageningen University
Online
Keyword(s) (cab) / / / /
Student report
English
About Due to its multilateral nature, the global wheat market requires to be analysed from a global perspective such that foreign shocks and international spill-overs can be taken into account. Therefore, this report proposes to analyse the global wheat market with a relatively new modelling strategy in agricultural market studies: the GVAR model. The GVAR modelling approach is useful in global modelling since it provides, in comparison to unrestricted VAR models, a solution to the high dimensions of complex systems by using weighted average foreign variables which are assumed to be weakly exogenous. The objective of this report is to analyse the advantages and disadvantages of using a GVAR modelling approach for the global wheat market. To this extent, existing literature is analysed and the key characteristics of the model are explored. Next, a relatively small model of the global wheat market is developed including five major exporting countries and monthly data on their wheat export prices, their nominal exchange rate and the oil price. The country-specific weights are constructed using export shares, which are then used to develop country-specific foreign wheat price variables. After estimating the country-specific equations, the global model is solved. To test the reliability of the weights, the model is also estimated as an unrestricted VECM with the same model structure. Although the GVAR modelling approach was found to be suitable to model the global wheat market, two disadvantages were found that call for further research. First, the weakly exogeneity assumption of the US variables was rejected and no appropriate solution was found. Further research could elaborate different solution strategies and their theoretical implications. Second, the analysis shows that the reliability of the weights is questionable. Further research could improve testing methods of the reliability of weights and a comparative study of different methods to construct the weights can be carried out.

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Welcome to the WUR Thesis and Internship Project database (or shortly called TIP) help page.

Students:
Here you can find thesis and internship projects. Use the search form to filter search results and find a project that interests you.

WUR employees:
Chair groups can apply for an account to enter and manage their projects. Please contact for an account.

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How does a master thesis in wageningen look like.

msc thesis online wur

What does a master thesis in Wageningen look like?

Doing a master’s may seem like an “only two years” commitment with some courses and your own project. But in practice, what does this process look like? Is writing a thesis simple, fast and enjoyable? Is it easy to find a suitable topic and a helpful supervisor? In this post, I will try to make it clear and understandable as it is actually nothing to be afraid of!

Where to start?

First of all the topic, which is basically the most important and difficult part to decide. Obviously, you don’t want to get stuck for six months with a topic you don’t find interesting enough. Therefore you should choose the area you are passionate about and that makes you happy. Luckily, our university offers platforms and events that help you reduce the stress level caused by the thesis time.

Each master’s programme has several options, so the possibilities are pretty broad. Already during the courses, it is good to think about what you are interested in. What comes easy for you to learn about? Which teacher was your favourite? Thinking about these types of questions might give you some helpful answers, so, it will be simpler to find the right thesis direction.

Secondly, throughout the year, every department organizes so-called thesis markets. There you can see available projects and talk about them with potential supervisors. It can give you insights into what is currently possible and get you in touch with different chair groups.

Lastly, it is the traditional way of just asking around. Talking with teachers after lectures or practicals, emailing them, and searching on the WUR website of the chair groups. There is plenty of information, deadlines, and contacts available online.

Thesis from a graduated student perspective

In my case, I am in the stage of looking for a thesis project, so, unfortunately, I can not say much from my experience yet. But for this reason, I asked my friend Jens to tell me about his thesis project that he did a year ago. He was so kind to describe it to me, and therefore, I’d like to share his thoughts with you.

Jens studied the Master’s Forest and Nature Conservation in Wageningen. He found his thesis topic in the FEM chair group (Forest Ecology and Forest Management). The topic was poultry farmers who pioneered agroforestry in the Netherlands. The aim was to learn from their journeys so it could be easier for others to follow their steps.

Jens was doing the thesis during the “corona times”. Therefore, it was nice that for collecting data, he was able to do fieldwork by interviewing farmers. Although he was grateful for this opportunity, he admitted he started looking for the topic very late. As it was only 2 weeks in advance, it’s rather not recommended to imitate this part of his experience :P.

He said at that time he was really focused on the agroforestry topic and had a narrow mindset about it. Looking back on it Jens shared it would have been better to be more open for different areas.

Summing up!

Now, I hope the thesis matter is not so scary as Wageningen University really helps find a good one. I wish you all (and myself) lots of fun and success!

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There are 3 comments.

Great post! As a prospective masters student looking to get into the wildlife conservation group this was a great post.

Thank you for the article

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Supervising BSc & MSc thesis students

Course schedule.

This course is not scheduled yet.

Course description

Course Description

From Sept 2024 onwards this course will become an one-day course and a follow-up after 'Start to Supervise BSc & MSc thesis students'. New dates will be published in May. 

! the course is only open for   supervisors  having supervised at least two (WUR)students .

The thesis is the final subject of the BSc and MSc programme; and in most cases the most important individual project of a student. Due to the importance and size of the project, the meetings between supervisor and student are more intense and personal compared to those contacts in courses. The relationship between supervisor and student is therefore very important. Students expect certain behaviour of their supervisor, but the supervisor also has expectations of his/her student. Questions about responsibilities for supervisor and student arise.

As a supervisor it is important to be aware of the Wageningen requirements, your own vision about effective supervising, your expectations of your student and the different phases in a thesis project. On the other hand, you should be able to adapt your supervision to the needs of the student when asking questions and giving feedback.

In this course we will on the one hand exchange experiences, theory and models about effective supervising thesis students. On the other hand we will practice a lot and you will develop a vision on supervision that fits Wageningen University and an awareness of your own expectations and preferred supervision style. You will discuss or play different situations and you will practice several skills, like giving feedback, switching communication levels and asking open questions. All these elements come together when you apply everything you learned in a real life case simulation with an actor as your student.

Learning Outcomes

At the end of the course, you are able to:

  • formulate your own perspective about the thesis’ function and the supervisors role
  • offer an effective and motivating supervision
  • distinguish possible phases of a thesis
  • explain different supervision styles and argue how you can use different styles to adapt your supervision to the needs of the student
  • apply the basic communication skills like giving feedback, listening, summarizing, asking questions and switching between communication levels

Target group & Prerequisites

The course is meant for teachers and PhD‘s who are already supervising thesis-students in Wageningen University. So the course is only open for beginning (having supervised at least two students, preferably in a WUR-context) to experienced supervisors. 

At the lastest one week before the start of the course you will receive more information about the course, background material and some preparation assignments. It is a two day course.

This course can be chosen as elective course in the UTQ. It is also suitable as part of an Orientation on Teaching and Supervision (Pre-UTQ).  If you are not supervising yet sign up for the short workshop Start to supervise BSc & MSc thesis students.

On this page you will find some basic information in relation to supervising thesis student. You will receive course notes before the start of the course.  

Certificate

You will be awarded your certificate at the end of day 2.

18 hours – 0.64 ECTS

Participation is free for Wageningen University & Research staff involved in teaching WU courses.

Recommendation

Apply at least 3 months in advance since this course is fully booked rapidly.

COMMENTS

  1. MSc theses online

    Therefore, most of the MSc theses in this collection have a publication date of 2010 or later. In some cases, e.g. embargo, the full text of a MSc thesis found in this repository is not yet available. To find more Wageningen University MSc theses, including older hard copies, use the WUR Library Search and search by title and/or author.

  2. MSc theses online

    Search. MSc theses online is a collection of online, publicly available MSc students' theses successfully defended at Wageningen University. Subjects covered include Food and Food Production, Plant and Animal Sciences, Environmental Sciences, Economics and Society ( MSc-programmes ). Collecting online theses started in 2010.

  3. MSc theses online

    MSc Thesis Land Use Planning - Master Urban Environmental Management (2022) - Master Urban Environmental Management (2023) - Land Use Planning - Wageningen University: Online: full text: Publication type: Student report: Language: English: About: Natural systems fulfill the basic needs for all life on our planet. Water, soil, air, energy cycles ...

  4. MSc Thesis Course Guide Wageningen University

    MSc thesis within (the specialisation of) your study programme. • Find thesis subjects via the thesis database at WU-website (currently this is the TIP database: tip.wur.nl; an alternative is under construction). • Make an appointment with the thesis coordinator of the chair group and discuss which thesis

  5. MSc Thesis Course Guide Wageningen University

    MSc Thesis Course Guide Wageningen University •Part A: information about MSc theses at WU •Part B: chair group specific regulations Additional information specific to programmes or chair groups is provided online (via Brightspace and/or webpages). Education & Student Affairs, January 2021

  6. MSc theses online

    1 online resource (PDF, 47 pages) illustrations: Notes: Student report, Wageningen University, Meteorology and Air Quality: Msc Thesis : MSc Thesis Air Quality and Atmospheric Chemistry - Master Environmental Sciences (2022) - Master Environmental Sciences (2023) - Meteorology and Air Quality - Wageningen University: Online: full text ...

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    MSc Thesis Agricultural Economics and Rural Policy - Management, Economics and Consumer Studies - Agricultural Economics and Rural Policy - Wageningen University: Online: full text: Keyword(s) (cab) agricultural economics / natural disasters / incentives / agricultural financial policy / agricultural insurance / protection / financial support:

  8. Modelling the global wheat market using a GVAR model

    MSc Thesis Agricultural Economics and Rural Policy - Management, Economics and Consumer Studies - Agricultural Economics and Rural Policy - Wageningen University: Online: full text: Keyword(s) (cab) wheat / markets / economic models / regression analysis / globalization: Categories: Agricultural Economics (General)

  9. PDF How to Write a MSc Thesis?

    Most students will write an MSc thesis in line with the instructions below. In some exceptional cases, a draft manuscript, to be submitted to a journal, can be written instead. If that is so, alternative instructions provided by the selected journal may apply. Thesis writing includes 5 steps: 1.

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    BSc-MSc Thesis and Internship Projects, Wageningen University. Chair group: Any Adaptation Physiology (Chair) Agricultural Economics and Rural Policy Group Animal Breeding and Genetics Group Animal Nutrition Group Animal Production Systems Group Applied Philosophy Group Aquaculture and fisheries Aquatic Ecology and Water Quality Management ...

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    Wageningen MSc Thesis 2021/02 This text may be downloaded for personal research purposes only. Any additional reproduction for other purposes, whether in hard copy or electronically, requires the consent of the author(s), editor(s). If cited or quoted, reference should be made to the

  12. MSc Thesis in Environmental Science Environmental System Analysis

    Email: [email protected] Prof. dr. Rik Leemans Environmental Systems Analysis group Wageningen UR PO Box 47, 6700 AA Wageningen, The Netherlands Tel: +31-317-484812, Fax: - 484839 ... MSc Thesis in Environmental Science Environmental System Analysis Bethsheba Muchiri . 2 | P a g e

  13. MSc Thesis Course Guide Wageningen University

    MSc Thesis Course Guide Wageningen University • Part A: information about MSc theses at WU • Part B: Chair group specific regulations (ENP, as part of WCSG) Additional information specific to programmes or chair groups is provided online (via Brightspace and/or webpages). Education & Student Affairs, January 2021

  14. Wageningen UR BSc and MSc Project Database

    Here you can find thesis and internship projects. Use the search form to filter search results and find a project that interests you. WUR employees: Chair groups can apply for an account to enter and manage their projects. Please contact Ties Huigens for an account. Wageningen-UR BSc-MSc project database by Sobit.

  15. Master thesis in Wageningen

    At the heart of every two-year master's degree offered in Wageningen is the master's thesis which starts in the second year. I started mine two months ago, in September. ... I'm Anjana I would like to do my masters in organic agriculture from WUR.can u plz tell about the scholarship and funding. Reply. By: Russell m k · 28-02-2021 at 17:37.

  16. Start to supervise BSc & MSc thesis students

    Course description. Workshop Description. The thesis is the final subject of the BSc and MSc programme and an important individual project for a student. Due to the importance and size of the project, the meetings between supervisor and student are often more intense and personal compared to those contacts in other workshops/courses.

  17. How does a master thesis in Wageningen look like?

    Jens studied the Master's Forest and Nature Conservation in Wageningen. He found his thesis topic in the FEM chair group (Forest Ecology and Forest Management). The topic was poultry farmers who pioneered agroforestry in the Netherlands. The aim was to learn from their journeys so it could be easier for others to follow their steps.

  18. PDF Rubric for assessment of MSc-thesis

    Rubric for assessment of MSc-thesis 1 Rubric for assessment of MSc-thesis Author: Arnold F. Moene, Meteorology and Air Quality Group, Wageningen University Version: 1.1 (December 15, 2010) This document is released under the Creative Commons Attribution-Noncommercial-Share Alike 3.0 Netherlands License Item Mark for item 2-3 4-5 6 7 8 9-10

  19. Supervising BSc & MSc thesis students

    Course description. Course Description. From Sept 2024 onwards this course will become an one-day course and a follow-up after 'Start to Supervise BSc & MSc thesis students'. New dates will be published in May. ! the course is only open for supervisors having supervised at least two (WUR)students. The thesis is the final subject of the BSc and ...

  20. Wur MSC Thesis Contract

    Wur Msc Thesis Contract - Free download as PDF File (.pdf), Text File (.txt) or read online for free. wur msc thesis contract