Price transmission and asymmetric adjustment in the Spanish dairy sector

被引:107
作者
Serra, T
Goodwin, BK
机构
[1] N Carolina State Univ, Dept Agr & Resource Econ, Raleigh, NC 27695 USA
[2] Univ Calif Berkeley, Dept Agr & Resource Econ, Berkeley, CA 94720 USA
[3] Univ Aberdeen, Arkleton Ctr, Aberdeen AB9 1FX, Scotland
关键词
D O I
10.1080/00036840310001628774
中图分类号
F [经济];
学科分类号
02 ;
摘要
Asymmetric threshold vector error correction models are applied to monthly price data to analyse price relationships and patterns of transmission among farm and retail markets for a variety of dairy products in Spain. The results suggest that asymmetries affect a conspicuous part of the raw milk processed in Spain. Implications for the organizational structure of Spanish dairy markets are offered.
引用
收藏
页码:1889 / 1899
页数:11
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