DOES THE REDUCTION IN PEANUT PRICES BENEFIT PEANUT BUTTER CONSUMERS?

Cesar Revoredo-Giha, Denis A. Nadolnyak and Stanley M. Fletcher

No 34700, 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma from Southern Agricultural Economics Association

Abstract: Using monthly data, we find evidence of both short- and long-run asymmetry of price transmission from peanut to peanut butter prices. This suggests that the asymmetry is more likely a result of imperfect competition than of competitive profit maximizing inventory management. Effects of producer support policy changes are discussed.

Keywords: Consumer/Household; Economics (search for similar items in EconPapers)
Pages: 17
Date: 2004
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeaft:34700

DOI: 10.22004/ag.econ.34700

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