000161448 001__ 161448
000161448 005__ 20180122231007.0
000161448 037__ $$a309-2016-5200
000161448 041__ $$aen_US
000161448 245__ $$aAsymmetric price transmission in food markets in the highlands of central Kenya
000161448 260__ $$c2012
000161448 269__ $$a2012
000161448 300__ $$a13
000161448 336__ $$aConference Paper/ Presentation
000161448 520__ $$aThis paper investigates the non-linear adjustments between maize and beans markets in the highlands of central Kenya. Results are based on bi-weekly retail price data collected from ten markets in Mbeere and Meru south districts. The error correction model extended by the incorporation of asymmetric adjustment terms was used to study asymmetry in price transmission between the markets. Cointegration technique was used to determine the existence of a long-run price relationship between the maize and beans markets. The findings indicate that the markets are integrated. Retail price transmission process between the markets is asymmetric. The observed prices adjust more rapidly to increases in prices than to decreases. The speed of price response between market pairs was higher for markets that are far apart.
000161448 542__ $$fLicense granted by Kirsten  Pagel (pagel076@umn.edu) on 2013-12-12T18:18:30Z (GMT):

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000161448 650__ $$aFood Consumption/Nutrition/Food Safety
000161448 650__ $$aFood Security and Poverty
000161448 6531_ $$aAsymmetric adjustments
000161448 6531_ $$aspatial food price transmission
000161448 6531_ $$aerror correction models
000161448 700__ $$aNgare, Lucy W
000161448 700__ $$aWambugu, Stephen K
000161448 700__ $$aNzuma, Jonathan M.
000161448 700__ $$aShisanya, Chris
000161448 773__ $$d2013
000161448 8564_ $$s412332$$uhttp://ageconsearch.umn.edu/record/161448/files/Asymmetric%20price%20transmission.pdf
000161448 887__ $$ahttp://purl.umn.edu/161448
000161448 909CO $$ooai:ageconsearch.umn.edu:161448$$pGLOBAL_SET
000161448 912__ $$nSubmitted by Kirsten  Pagel (pagel076@umn.edu) on 2013-12-12T18:24:19Z
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  Previous issue date: 2012
000161448 982__ $$gAfrican Association of Agricultural Economists (AAAE)>2013 Fourth International Conference, September 22-25, 2013, Hammamet, Tunisia
000161448 980__ $$a309