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| Registros recuperados: 69 | |
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| Weber, Sascha A.; Salamon, Petra; Hansen, Heiko. |
| Since the stepwise reduction of intervention prices combined with watered down conditions and suspended export refunds, respectively, the EU dairy industry faces new challenges regarding wild price fluctuations originally caused in third countries. In the past, the EU domestic market was insulated as far as possible from world markets. However, today global prices could affect prices even at the level of consumers, but more directly at the level milk producers. Volatility noticeable increased with the price peak in 2007, followed by the drop in 2008, and a new price boost in 2010. Additionally, reduced security in marketing of butter and skimmed milk powder led to higher processing share of cheese which is not only exported but also increasingly consumed... |
| Tipo: Presentation |
Palavras-chave: Price transmission; Cointegration; Granger-causality; Dairy; Risk and Uncertainty; C1; E3; E6; F3; Q1. |
| Ano: 2012 |
URL: http://purl.umn.edu/122542 |
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| Bojnec, Stefan. |
| As in many other transition countries processing and marketing margins are also larger in the Slovenian meat market than respective margins in market economies. In addition, margin of the Slovenian pork chain is greater than in the beef chain. Its decline in the pork market indicates an adjustment to more competitive markets. Co-integration models are applied to estimate vertical price transmission and to examine margins and degree of competition in the meat marketing chains. Results indicate the existence of a long run equilibrium regarding vertical price transmission in the beef and pork sectors. Both the farm-gate beef and pork prices are identified as weakly exogenous in the long run. The structural tests imposing a homogeneity restriction suggest a... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Price transmission; Marketing margin; Co-integration; Competition; Marketing; D4; L1; C3; Q1. |
| Ano: 2002 |
URL: http://purl.umn.edu/24789 |
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| Novak, Petr. |
| The nowadays development in agribusiness can be characterised as shifting of power to the finalising levels and distribution in food commodity chains, which influence as well as form competitive environment of farm and also food-processing companies. The dependence of producers (farmers) on finalising stage is increasing, as well as the risk is transferred and the marked power is enforced in food commodity chains. Those factors are changing proportions, conditions of approach and share of individual stages of commodity chain on value added launched in final product. Possible approach to the identification of market power within food commodity chains is the approach based on price transmission analysis; inelastic price transmission (especially in case of... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Commodity chain; Market structure; Milk and milk products; Price transmission; Value added; Agribusiness; Livestock Production/Industries. |
| Ano: 2007 |
URL: http://purl.umn.edu/7822 |
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| Yakhshilikov, Yorbol; Brosig, Stephan. |
| Reliable marketing opportunities in both interregional and international trade are an important precondition for further development of the agricultural sector. In this study we assess interregional integration of Kazakh wheat markets. We apply asymmetric threshold error correction models to assess the co-movement of elevator prices at three grain-trading spots in the northern and central parts of the country. Results suggest that markets of two northern grain-trading spots (Petropavlovsk and Kokshetau) are closely connected with each other while their connection with Karaganda in central Kazakhstan is much weaker. Here, levelling out price gaps through arbitrage trade only occurs after a threshold of considerable extent has been surpassed. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Kazakhstan; Price transmission; Threshold VECM; Crop Production/Industries; Demand and Price Analysis; C22; Q13. |
| Ano: 2006 |
URL: http://purl.umn.edu/25690 |
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| Brosig, Stephan; Yakhshilikov, Yorbol. |
| Reliable marketing opportunities in both interregional and international trade along with relatively low transportation [and transaction] costs are essential to profitability of wheat production. In this study we have investigated one aspect of the quality of marketing and trade opportunities in the Kazakh wheat sector, that is the extent and nature of integration among regional wheat markets. We applied threshold cointegration technique to assess the co-movement between time series of elevator prices at three grain-trading (and producing) spots in the northern and central parts of the country. Results suggest that markets of two northern grain trading spots (Petropavlovsk and Kokshetau) are closely connected with each other while their connection with... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Kazakhstan; Price transmission; Market integration; Threshold cointegration; Crop Production/Industries; Marketing; C22; Q13. |
| Ano: 2005 |
URL: http://purl.umn.edu/14921 |
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| Boshnjaku, L.; Ben Kaabia, Monia; Gil, Jose Maria. |
| Resumen El análisis de las relaciones de precios existentes en un determinado sector permiten, por un lado, ofrecer una idea aproximada del funcionamiento de los mercados y, por otro, anticipar respuestas ante shocks inesperados en mercados relacionados. El objetivo de este estudio se ha centrado en el análisis de la transmisión de precios entre los principales mercados de ovino en España. Para llevar a cabo este estudio se ha adoptado un enfoque econométrico que ha tenido en cuenta las propiedades estocásticas de las series, la posible naturaleza multivariante de los procesos de transmisión, y la distinción entre el comportamiento a corto y largo plazo. Los resultados indican que los mercados de ovino se encuentran bastante interrelacionados pudiéndose... |
| Tipo: Journal Article |
Palavras-chave: Price transmission; Cointegration; Lead-lag relationships; Spanish lamb sector; Demand and Price Analysis; Q12; Q18. |
| Ano: 2003 |
URL: http://purl.umn.edu/28747 |
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| Vollrath, Thomas L.. |
| Economic change and market dynamics have fundamentally altered the structure and performance of agricultural markets in the United States, Canada, and Mexico within the last 25 years. Many factors have helped shape the current North American food and fiber system, including technological change, domestic farm policies, international trade agreements, and the economic forces of supply and demand. Ratification of NAFTA, for example, helped integrate the North American market, sparking a surge in trade and investment among the United States, Canada, and Mexico. In recent years, efforts to further integrate the continental market seem to have slowed. Broadening the scope of NAFTA to include institutional reforms that lead to a more unified system of commercial... |
| Tipo: Report |
Palavras-chave: Agriculture; Market integration; Market segmentation; Law of one price; Price transmission; Elasticities; Exchange-rate pass-through; Market efficiency; Bilateral trade intensity; Regional trade agreements; NAFTA; CUSTA; Trade policy; WTO; GATT; Industrial Organization; International Relations/Trade; Marketing. |
| Ano: 2003 |
URL: http://purl.umn.edu/33639 |
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| Wang, Xiuqing; Weldegebriel, Habtu T.; Rayner, Anthony J.. |
| In this paper, we aim to model the vertical relation between retailers and suppliers in the food industry whereby retailers exercise seller power in their relation with consumers and buyer power in their relation with producers. We then evaluate the degree of price transmission, relative to the perfectly competitive benchmark, from the farm to the retail sector assuming a supply shock. With the view to evaluating the impact of market power's interaction with industry technology on the degree of price transmission, we assume industry technology to be characterised by variable input proportions and non-constant returns to scale. Our model predicts that, relative to that which obtains when markets are perfectly competitive and industry technology is... |
| Tipo: Working or Discussion Paper |
Palavras-chave: Price transmission; Returns to scale; Market power; Demand and Price Analysis; Marketing; L11; Q13. |
| Ano: 2006 |
URL: http://purl.umn.edu/46004 |
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| Registros recuperados: 69 | |
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