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__ $$fLicense granted by Kirsten Pagel (pagel076@umn.edu) on 2013-12-12T18:18:30Z (GMT): <center> <h2> Deposit Agreement </h2> </center> I represent that I am the creator of the digital material identified herein (“Work”). I represent that the work is original and that I either own all rights of copyright or have the right to deposit the copy in a digital archive such as AgEcon Search. I represent that in regard to any non-original material included in the Work I have secured written permission of the copyright owner (s) for this use or believe this use is allowed by law. I further represent that I have included all appropriate credits and attributions. I hereby grant the Regents of the University of Minnesota (“University”), through AgEcon Search, a non-exclusive right to access, reproduce, and distribute the Work, in whole or in part, for the purposes of security, preservation, and perpetual access. I grant the University a limited, non-exclusive right to make derivative works for the purpose of migrating the Work to other media or formats in order to preserve access to the Work. I do not transfer or intend to transfer any right of copyright or other intellectual property to the University. If the Deposit Agreement is executed by the Author�s Representative, the Representative shall separately execute the following representation: I represent that I am authorized by the Author to execute this Deposit Agreement on behalf of the Author. 000161448 650__ $$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__ $$nSubmitted by Kirsten Pagel (pagel076@umn.edu) on 2013-12-12T18:24:19Z No. of bitstreams: 1 Asymmetric price transmission.pdf: 412332 bytes, checksum: de0bb35e645965c2ed0a32323b756431 (MD5) 000161448 912__ $$nMade available in DSpace on 2013-12-12T18:24:19Z (GMT). No. of bitstreams: 1 Asymmetric price transmission.pdf: 412332 bytes, checksum: de0bb35e645965c2ed0a32323b756431 (MD5) 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