PRICE TRANSMISSION, THRESHOLD BEHAVIOR, AND ASYMMETRIC ADJUSTMENT IN THE U.S. PORK SECTOR
Harper, Daniel C.; Goodwin, Barry K.
1999

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Abstract

An asymmetric, threshold error correction model is used to evaluate price transmission among farm, wholesale, and retail pork markets. Threshold effects are confirmed. Results indicate asymmetries and suggest that adjustments are completed in about four weeks. Price transmission is unidirectional, flowing from the farm, to wholesale markets, to retail markets.

Details

Title PRICE TRANSMISSION, THRESHOLD BEHAVIOR, AND ASYMMETRIC ADJUSTMENT IN THE U.S. PORK SECTOR
Author(s) Harper, Daniel C.
Goodwin, Barry K.
Subject(s)
Issue Date 1999
Publication Type Conference Paper/ Presentation
DOI and Other Identifiers 10.22004/ag.econ.21666
Record Identifier https://ageconsearch.umn.edu/record/21666
PURL Identifier http://purl.umn.edu/21666
Language English
Total Pages 15
Series Statement Selected Paper
Record Appears in Agricultural and Applied Economics Association (AAEA) > Agricultural and Applied Economics Association (AAEA) Conferences > 1999 Annual meeting, August 8-11, Nashville, TN

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