Peanut price transmission asymmetry in peanut butter
作者:
Ping Zhang,
Stanley M. Fletcher,
Dale H. Carley,
期刊:
Agribusiness
(WILEY Available online 1995)
卷期:
Volume 11,
issue 1
页码: 13-20
ISSN:0742-4477
年代: 1995
DOI:10.1002/1520-6297(199501/02)11:1<13::AID-AGR2720110103>3.0.CO;2-0
出版商: Wiley Subscription Services, Inc., A Wiley Company
数据来源: WILEY
摘要:
AbstractPrice transmission asymmetry for peanuts used in peanut butter was examined using monthly data from 1984 to 1992. Results show an incomplete price passthrough from the wholesale to the retail level. Furthermore, the results indicate that the initial price response of peanut butter price to a reduction in peanut prices occurs later than the response to an increase in peanut prices. The price transmission is asymmetric in the short‐run but symmetric in the long‐run. © 1995 by John Wiley&Sons,
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