کد مقاله کد نشریه سال انتشار مقاله انگلیسی نسخه تمام متن
5053651 1371457 2016 8 صفحه PDF دانلود رایگان
عنوان انگلیسی مقاله ISI
Vertical price transmission in the US beef sector: Evidence from the nonlinear ARDL model
موضوعات مرتبط
علوم انسانی و اجتماعی اقتصاد، اقتصادسنجی و امور مالی اقتصاد و اقتصادسنجی
پیش نمایش صفحه اول مقاله
Vertical price transmission in the US beef sector: Evidence from the nonlinear ARDL model
چکیده انگلیسی
The objective of this work is to investigate vertical price transmission in the US beef sector. To this end, it employs the Nonlinear ARDL model which allows prices to be tied by asymmetric relationships both in the long- as well as in the short-run. The empirical results indicate the presence of asymmetry in magnitude for the pair of markets farm-wholesale and the presence of both asymmetry in speed and asymmetry in magnitude for the pair of markets wholesale-retail. The difference between the long-run elasticities of price transmission is more important from the wholesale to retail level than from the farm to the wholesale level.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: Economic Modelling - Volume 52, Part B, January 2016, Pages 499-506
نویسندگان
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