Abstract
Asymmetric threshold vector error correction models are applied to monthly price data to analyse price relationships and patterns of transmission among farm and retail markets for a variety of dairy products in Spain. The results suggest that asymmetries affect a conspicuous part of the raw milk processed in Spain. Implications for the organizational structure of Spanish dairy markets are offered.
| Original language | English (US) |
|---|---|
| Pages (from-to) | 1889-1899 |
| Number of pages | 11 |
| Journal | Applied Economics |
| Volume | 35 |
| Issue number | 18 |
| DOIs | |
| State | Published - Dec 15 2003 |
| Externally published | Yes |
ASJC Scopus subject areas
- Economics and Econometrics