Transmission of beef and veal prices in different marketing channels
Nadja El Benni,
Robert Finger and
No 182696, 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia from European Association of Agricultural Economists
This paper investigates price transmission in beef and veal markets in Switzerland. We extend earlier research by analyzing both prices in one system and considering two different marketing channels for meat. VAR and VEC models are estimated using monthly up- and downstream prices collected at the processors’ level for 2004-2013. Tests on Granger causality for these markets suggest that a) multiple product investigation should be preferred over beef (or veal) only analysis and b) the results for the same product can differ across marketing channels. In both channels, veal (and not beef) prices adjust significantly if deviations from the long-run price equilibrium occur. Nonetheless, no empirical evidence can be found that downstream industries exercise market power over producers. In all marketing channels, no significant asymmetry in price transmission is found.
Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-com and nep-mkt
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://ageconsearch.umn.edu/record/182696/files/El ... g_channels-295_a.pdf (application/pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:eaae14:182696
Access Statistics for this paper
More papers in 2014 International Congress, August 26-29, 2014, Ljubljana, Slovenia from European Association of Agricultural Economists Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().