@article{Lajdová:187513,
      recid = {187513},
      author = {Lajdová, Zuzana and Bielik, Peter},
      title = {Vertical price transmission analysis: The case of milk in  the slovak dairy sector},
      journal = {APSTRACT: Applied Studies in Agribusiness and Commerce},
      address = {2013},
      number = {1033-2016-83988},
      series = {7},
      pages = {8},
      year = {2013},
      abstract = {Testing for nature price transmission and calculating  elasticities of price transmission are important areas of  research for providing
insights into market efficiency  issues. Symmetric or asymmetric price transmission has been  the subject of considerable attention in  agricultural
economics. The concept of the price  transmission is an important area of the research  particularly in relation to the assessment of impact on
the  welfare of the vertical entities. The main goal of the  paper is an analysis of the price transmission and its  exploitation in case of price
elasticity estimation in  dairy sector. Work investigates vertical price transmission  of milk in the Slovak agri-food chain. The research is  based
on Vector Error Correction Model (VECM) of the  selected commodities at producer, processor and consumer  level and the estimation of the
parameters specified in the  model. Moreover the paper determines the coefficient of  elasticity of price transmission (EPT).},
      url = {http://ageconsearch.umn.edu/record/187513},
      doi = {https://doi.org/10.22004/ag.econ.187513},
}