The Vertical Price Transmission in Pork Meat Production in the Czech Republic

Result code in IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F04130081%3A_____%2F23%3AN0000035" target="_blank" >RIV/04130081:_____/23:N0000035 - isvavai.cz</a>

Alternative codes found

RIV/60460709:41110/23:95464

Result on the web

<a href="https://www.mdpi.com/2077-0472/13/6/1274" target="_blank" >https://www.mdpi.com/2077-0472/13/6/1274</a>

DOI - Digital Object Identifier

<a href="http://dx.doi.org/10.3390/agriculture13061274" target="_blank" >10.3390/agriculture13061274</a>

Result language

angličtina

Original language name

The Vertical Price Transmission in Pork Meat Production in the Czech Republic

Original language description

The paper aims at vertical price transmission of the agri-food market in the Czech Republic. It is focused on the analysis of price transmission in pork meat by investigating the short-run and long-run relationships within the product and the speed of establishing the equilibrium relationship. For this purpose, there is employed specially VECM (Vector Error Correction Model), impulse-response analysis, and decomposition of variance of VECM, which show the system’s reaction. The applied approach considers five alternatives in the Johansen approach. The results suggest that there is an existence of the equilibrium relationship in vertical markets and this relationship is simultaneous and demand-driven. The impulse-response analyses show the response of the processing price to one standard deviation shock to the agriculture price from approximately 15–20 periods reaching long-run equilibrium. The response of the agriculture price to one standard deviation shock to the processing price reaching long-run equilibrium is also from approximately 15–20 periods.

Czech name

—

Czech description

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Type

J_imp - Article in a specialist periodical, which is included in the Web of Science database

CEP classification

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OECD FORD branch

50204 - Business and management

Project

—

Continuities

N - Vyzkumna aktivita podporovana z neverejnych zdroju

Publication year

2023

Confidentiality

S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Name of the periodical

AGRICULTURE-BASEL

ISSN

2077-0472

e-ISSN

2077-0472

Volume of the periodical

13(6)

Issue of the periodical within the volume

1274

Country of publishing house

CH - SWITZERLAND

Number of pages

14

Pages from-to

1-14

UT code for WoS article

001013832600001

EID of the result in the Scopus database

2-s2.0-85163869702