AgEcon Search

AgEcon Search >
       European Association of Agricultural Economists >
          2008 International Congress, August 26-29, 2008, Ghent, Belgium >

Please use this identifier to cite or link to this item: http://purl.umn.edu/44248

Title: Testing for signals on oligopolistic behaviour – case of Finnish and German pork meat price
Authors: Liu, Xing
Keywords: cointegration
asymmetric
error correction
Issue Date: 2008
Abstract: Market integration of Finland toward EU has important implication to domestic agricultural policy. Our aim is to estimate the characteristics of the Finnish pork markets in relation to Germany. Our analysis use symmetric and asymmetric threshold error correction models. Pork prices are found cointegrated, and cointegration relationship of two counties is found asymmetric. A large positive shock in Germany is transmitted faster to Finland than a large negative one. It implies that a combination of cooperative processors and public quoted companies as in Finland, can smooth out some of the short term price fluctuations observed abroad.
URI: http://purl.umn.edu/44248
Institution/Association: European Association of Agricultural Economists>2008 International Congress, August 26-29, 2008, Ghent, Belgium
Total Pages: 9
Collections:2008 International Congress, August 26-29, 2008, Ghent, Belgium

Files in This Item:

File Description SizeFormat
427.pdf227KbPDFView/Open
Recommend this item

All items in AgEcon Search are protected by copyright.

 

 

Brought to you by the University of Minnesota Department of Applied Economics and the University of Minnesota Libraries with cooperation from the Agricultural and Applied Economics Association.

All papers are in Acrobat (.pdf) format. Get Adobe Reader

Contact Us

Powered by: