Transmissão de preços na cadeia de carne suína: uma aplicação para preços de São Paulo

Changes in the pork chain bring about the discussion whether the wholesale sector has the leadership of price transmission and also if prices are efficient market indicators. The paper aims to identify what segment is the price leader in the pork chain and also to characterize the price volatility considering producer, wholesale and retail prices for the state of São Paulo between 1995 and 2005. The data analysis was conducted by estimating a VAR model which included an ARCH process for measuring price volatility. A Granger causality test was also implemented to check the price direction transmission. The results pointed out that price transmission occurs from wholesale to producer sectors and also that the price conditional variance for the wholesale sector is transmitted to producer and retail prices.


Other Titles:
Price transmission in pork meat chain: an application to pricing of Sao Paulo
Issue Date:
2006
Publication Type:
Journal Article
DOI and Other Identifiers:
Record Identifier:
https://ageconsearch.umn.edu/record/55182
PURL Identifier:
http://purl.umn.edu/55182
Published in:
Revista de Economia e Agronegócio / Brazilian Review of Economics and Agribusiness, 04, 3
Page range:
269-287
Total Pages:
18




 Record created 2017-04-01, last modified 2020-10-28

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