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Price Transmission Along the Canadian Beef Supply Chain and the Impact of BSE AgEcon
Saha, Bishnu; Mitura, Verna.
This study investigates the dynamics of price transmission between the Canadian beef markets along the supply chain and the impact of bovine spongiform encephalopathy (BSE) on prices. Retail price models are estimated for the provinces accounting for the major share of national demand, while farm price models are estimated for the beef cattle producing provinces. A model for the processing level is also estimated with national industrial prices of beef and provincial farm prices of beef cattle. The results indicate that retail beef prices in the major consuming provinces adjust either faster or at a greater magnitude to increases in industrial prices than to decreases. Furthermore, industrial prices adjust faster and at a greater magnitude in response to...
Tipo: Working or Discussion Paper Palavras-chave: Price Transmission; Beef Prices; BSE; Agricultural and Food Policy; Demand and Price Analysis.
Ano: 2008 URL: http://purl.umn.edu/54823
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