Vertical price transmission along the diary supply chain in Russia

Kharin, Sergei

doi:10.7896/j.1517

Cited by 16 publications

(12 citation statements)

References 28 publications

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“…The ECTinduces a significantly greater change in the retail price than ECT + . The results support the assumption that price changes are not transmitted efficiently from one level to another (38,39) . It also supports the view that Mexican retailers and wholesalers of milk have more market power than milk farmers.…”

Section: Vertical Vector Error Correction Modelsupporting

confidence: 80%

Vertical and spatial price transmission in the Mexican and international milk market

Villanueva

Palacios-Orozco

2019

Rev. Mex. Cienc. Pecu.

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During the last two decades, the Mexican dairy sector experienced important structural changes, especially after the implementation of the NAFTA agreement. In 2016, the Bank of Mexico observed that in milk market, the final prices tend to rise when input prices increase, however; they do not decrease when input prices decrease. In this context, this study examines the degree of spatial and vertical price transmission between farm milk prices and international milk prices as well as between farm milk prices and retail milk prices, in order to assess the efficiency level of the Mexican and international dairy market. The findings of this research provide contributions to decision makers and industry stake-holders: a unidirectional transmission of international milk prices to domestic milk prices and from farm price to retail price along with the existence of asymmetric price transmission which depends on whether milk prices are increasing or decreasing. The results have shown that a long-run single co-integration relationship exists between international and farmer's prices and between retail and farm price; that the direction of price transmission tends to go from producers to retailers and from international to farmer price and that when international price increase the speed of adjustment tend to be significantly slower, and that when international

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Section: Vertical Vector Error Correction Modelsupporting

confidence: 80%

Vertical and spatial price transmission in the Mexican and international milk market

Villanueva

Palacios-Orozco

2019

Rev. Mex. Cienc. Pecu.

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“…Dalam beberapa tahun terakhir, banyak penelitian dilakukan untuk menganalisis hubungan antara petani, pedagang grosir, dan pasar eceran. Fokus utama dari penelitian tersebut berorientasi pada estimasi elastisitas dan kecepatan price shock ditransmisikan pada level yang berbeda dalam rantai pemasaran (Kharin 2015).…”

Section: Pendahuluanunclassified

Analisis Transmisi Harga Beras di Kabupaten Ogan Komering Ilir Provinsi Sumatera Selatan

Lastinawati

Mulyana²,

Zahri³

et al. 2019

J. Lahan Suboptimal

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Lastinawati et al, 2018. Price Transmission Analysis of Rice in Ogan Komering Ilir District, South Sumatra Province. JLSO 7(1) Price transmission is one indicator of whether or not a marketing system is efficient and also can explain the distribution of welfare between producers and consumers in the marketing channel. This study aimed to analyze the transmission of rice prices which are the basic needs of the Indonesian people, both the price transmission of consumer to farmers, and vice versa, with two groups of rice based on their quality, namely premium and medium rice. This research conducted at Ogan Komering Ilir District, South Sumatra Province. Price transmission was analyzed using price transmission elasticity, using weekly rice price series data from the second week of March 2016 to the second week of September 2018. The results showed that the transmission of consumer prices of premium and medium rice to the price of harvested dry grain at farmer level had an elasticity value not equal to one, and vice versa. This showed that the rice market in Ogan Komering Ilir Regency was in elastic and less efficient, because prices were transmitted asymmetrically.

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“…The main disadvantage of the PP test is that it works well only in large samples. And it also Kharin (2015) shares disadvantages of ADF tests: sensitivity to structural breaks, poor small sample power resulting.…”

Section: Information Criterion (Aic)mentioning

confidence: 99%