THE INTEGRATION OF PIGMEAT MARKETS IN THE EU. EVIDENCE FROM A REGULAR MIXED VINE COPULA
Vasilis Grigoriadis,
Christos Emmanouilides and
Panos Fousekis
Review of Agricultural and Applied Economics (RAAE), 2016, vol. 19, issue 1, 10
Abstract:
The objective of this work is to investigate the degree of integration of national pigmeat markets in the EU. This is pursued using monthly wholesale prices from seven major markets and the statistical tool of mixed R-vine copulas. The empirical results suggest that the markets considered do not constitute a great pool in which prices move, boom, and crash together. The markets of Belgium, Germany, and the Netherlands exhibit a higher degree of integration relative to the others, whereas the Italian market exhibits a lower degree of integration. Also, there is an indication that, in certain cases, the benefits of free trade may be unequally distributed between the trading partners.
Keywords: Agribusiness; Livestock Production/Industries (search for similar items in EconPapers)
Date: 2016
References: Add references at CitEc
Citations: View citations in EconPapers (7)
Downloads: (external link)
https://ageconsearch.umn.edu/record/254146/files/R ... rigoriadis_et_al.pdf (application/pdf)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:ags:roaaec:254146
DOI: 10.22004/ag.econ.254146
Access Statistics for this article
More articles in Review of Agricultural and Applied Economics (RAAE) from Faculty of Economics and Management, Slovak Agricultural University in Nitra Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search (aesearch@umn.edu).