Beef and milk price links in Turkey

Sayed Saghaian, Gokhan Ozertan and Hasan Tekguc
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Hasan Tekguc: Mardin Artuklu Univeristy

No 2012-03, Working Papers from Mardin Artuklu Univeristy, Department of Economics

Abstract: This article addresses the recent red meat price spikes in Turkey, using contemporary time-series analysis. The arguments point to the impact of low milk prices that led to liquidation of dairy herds and decline of beef prices initially due to the liquidation and increased meat supply, and subsequent price increases in the next year due to decreased supply. The results revealed that dairy herd liquidation had a delayed impact of a year to 18 months on farm, wholesale, and retail beef prices. Those effects wore off over a two year time period.

Keywords: dairy herd liquidation; price adjustment; red meat price spike; Turkey (search for similar items in EconPapers)
JEL-codes: Q11 Q13 (search for similar items in EconPapers)
Pages: 10 pages
Date: 2012-11
Note: Research Note
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Published (Economics Bulletin (2013), 33(4): 2607-2616)

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Journal Article: Beef and milk price links in Turkey (2013)
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Persistent link: https://EconPapers.repec.org/RePEc:mrd:martwp:2012-03

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