Data/hora: 16/06/2024 20:28:47

Provedor de dados: | 31
País: | United States
Título: | Asymetric Price Transmission in the Spanish Lamb Sector
Autores: | Ben Kaabia,   Monia; Gil,   Jose Maria.
Data: | 2005-09-28
Ano: | 2005
Palavras-chave: | Asymmetries; Lamb; Spain; Price transmission; Demand and Price Analysis; Livestock Production/Industries.
Resumo: | This paper aims to investigate the non-linear adjustments of prices between farm and retail prices in the lamb sector in Spain. The methodology used is based on the multivariate approach to specify and estimate a three-regime Threshold Autoregressive Model. Results indicate that in the long-run price transmission is perfect and any supply or demand shocks are fully transmitted along the marketing chain. In the short-run, price adjustments between the farm and the retail levels are asymmetric and are representative of a demand-pull transmission mechanism. On the other hand, retailers benefit from any shock, whether positive or negative, that affects supply or demand conditions.
Tipo: | Conference Paper or Presentation
Idioma: | Inglês

Identificador:

17775

http://purl.umn.edu/24631

Editor: | AgEcon Search

Relação:

European Association of Agricultural Economists&gt;2005 International Congress, August 23-27, 2005, Copenhagen, Denmark

Contributed Paper

Formato:

17

application/pdf