Price Transmission Asymmetry in Pork and Beef Markets

Hahn, William F.

doi:10.22004/ag.econ.139044

Price Transmission Asymmetry in Pork and Beef Markets

Farm, wholesale, and retail prices for beef and pork show significant evidence of asymmetric price interactions. All prices display greater sensitivity to price-increasing shocks than to price-decreasing shocks. The farm beef price, in particular, reacts faster to wholesale price increases than to whole sale price decreases.

Keywords:

Endogenous switching ; pork ; beef ; asymmetry ; price transmission

Subject(s):

Livestock Production/Industries

Issue Date:

1990

Publication Type:

Journal Article

DOI and Other Identifiers:

10.22004/ag.econ.139044

Record Identifier:

https://ageconsearch.umn.edu/record/139044