Market integration of conventional and organic wheat in Germany
Sebastian Lakner and
No 1204, DARE Discussion Papers from Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE)
This paper ... is concerned with interdependencies between organic and conventional wheat prices at the producer level. The analysis is carried out by means of cointegration analysis, that is, the estimation of a vector error correction model considering the two price series. With such a model, empirical evidence on the integration of both markets and the speed of transmission of price signals between them can be obtained. With respect to the transformation in the organic and conventional sector, we want to check, if we find evidences for a structural changes. We assume that an increasing share of supermarkets and discounters in the organic sector play a considerable role and lead to a closer link between organic and conventional prices. First, we present the development of the organic market before we give a description of some theory of price transmission analysis. Then we present the data, the model and estimation results. Finally, we draw conclusions.
New Economics Papers: this item is included in nep-eur
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
Working Paper: Market Integration of Conventional and Organic Wheat in Germany (2012)
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:zbw:daredp:1204
Access Statistics for this paper
More papers in DARE Discussion Papers from Georg-August University of Göttingen, Department of Agricultural Economics and Rural Development (DARE) Contact information at EDIRC.
Bibliographic data for series maintained by ZBW - Leibniz Information Centre for Economics ().