Data/hora: 11/06/2024 15:07:50

Provedor de dados: | 31
País: | United States
Título: | Asymmetric Price Transmission and Non-linear Adjustment in the Iranian Mutton Market
Autores: | Falsafian,   Azadeh; Yazdani,   Saeed; Moghaddasi,   Reza.
Data: | 2011-09-01
Ano: | 2011
Palavras-chave: | Threshold Cointegration; Non-linearity; Mutton; Price; Iran; Livestock Production/Industries.
Resumo: | This paper analyses the asymmetric price transmission and non-linear adjustment at the farm and retail levels in the Iran’s mutton market. We applied a multivariate threshold error correction mechanism for monthly price data. We tested the non-linear adjustment using sup-LR, sup-LM and sup-Wald tests. The results confirm the presence of non-linear cointegration relationship between the retail and farm prices. In short-run, the price transmission behavior reveals that reactions of both the retail and farm prices to positive and negative deviations from the long-run price spread are asymmetric. More specially, the retailers show more strong responses to the both positive and negative shocks imposed to the farmers.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês
Identificador: | http://purl.umn.edu/114363
Relação: | European Association of Agricultural Economists&gt;2011 International Congress, August 30-September 2, 2011, Zurich, Switzerland
Formato: | 8