| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Asymetric Price Transmission in the Spanish Lamb Sector
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| Autores: |
Ben Kaabia, Monia
Gil, Jose Maria
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| Data: |
2005-09-28
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| Ano: |
2005
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| Palavras-chave: |
Asymmetries
Lamb
Spain
Price transmission
Demand and Price Analysis
Livestock Production/Industries
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| 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.
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| Tipo: |
Conference Paper or Presentation
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| Idioma: |
Inglês
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| Identificador: |
17775
http://purl.umn.edu/24631
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| Editor: |
AgEcon Search
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| Relação: |
European Association of Agricultural Economists>2005 International Congress, August 23-27, 2005, Copenhagen, Denmark
Contributed Paper
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| Formato: |
17
application/pdf
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