Price Transmission on the Milk Portuguese Market

Maria de Fátima Lorena de Oliveira, Maria Leonor da Silva Carvalho, Maria Raquel Lucas, Pedro Damião Henriques and Fernanda Peixe (fmp@uevora.pt)

Agricultural Economics Review, 2015, vol. 16, issue 01, 12

Abstract: This paper aims to analyze the milk prices transmission along the food chain in Portugal, temporally and spatially. The results show that the volatility on retail prices is small but happens after 2008. The farm gate price does not change when the price of package milk changes. In mainland, price transmission does not happen but for Azores the transmission is effective. In the intensive systems, the risk to collapse is bigger than in the extensive systems, where the volatility of prices reflects the process of markets adjustment.

Keywords: Agricultural and Food Policy; International Relations/Trade; Livestock Production/Industries (search for similar items in EconPapers)
Date: 2015
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Citations: View citations in EconPapers (2)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aergaa:253689

DOI: 10.22004/ag.econ.253689

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