A CROSS-SPECTRAL APPROACH TO MEASURING PRICING EFFICIENCY IN THE NEW SOUTH WALES PIGMEAT MARKET

Garry R. Griffith

Review of Marketing and Agricultural Economics, 1975, vol. 43, issue 04, 21

Abstract: This paper is concerned with determining the nature of and the relationships between movements in a number of New South Wales pig and pork price series. Spectral and cross-spectral methods are applied to some ten series differentiated by type of pig and market level. Results indicate that over the long term there are in general strong correlations between the various price pairings examined, but that in the shorter-run, price changes are not well reflected throughout the pig market. The role of imperfect information is noted as a major contributor to this observed short-run price independence.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1975
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://ageconsearch.umn.edu/record/9147/files/43040163.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:remaae:9147

DOI: 10.22004/ag.econ.9147

Access Statistics for this article

More articles in Review of Marketing and Agricultural Economics from Australian Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().