Econometric Analysis of the Relationship between Wholesale Price and Consumer Price in the Pork Agri-food Chain in the Czech Republic

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F60460709%3A41110%2F10%3A49581" target="_blank" >RIV/60460709:41110/10:49581 - isvavai.cz</a>
Result on the web
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DOI - Digital Object Identifier
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Result language
angličtina
Original language name
Econometric Analysis of the Relationship between Wholesale Price and Consumer Price in the Pork Agri-food Chain in the Czech Republic
Original language description
This paper deals with an analysis of vertical price transmission in the pork agri-food chain in the Czech Republic. The paper is focused on the position of and their power to push the price level down against the efforts of retailers to push the price up. Imperfect competition and imperfect market structure of the pork agri-food chain might be assumed in this case. Price transmission in the pork agri-food chain is analysed based on the time series of pork wholesale price and pork consumer price that contain monthly data from January 1998 to May 2009. The price transmission is analysed in two periods - before and after EU accession. First of all, the nature of the time series is examined; then, the Vector Error Correction Model (VECM) is employed to analyse both short-run and long-run relationships between the prices analysed. Furthermore, the market structure and position of wholesalers and consumers are examined and evaluated.
Czech name
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Czech description
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Publication year
2010
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Article name in the collection
Agrarian Perspectives, PROCEEDINGS of the 19th International Scientific Conference
ISBN
978-80-213-2123-6
ISSN
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e-ISSN
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Number of pages
8
Pages from-to
211-218
Publisher name
Czech University of Life Sciences Prague
Place of publication
Prague, CR
Event location
Czech University of Life Sciences Prague, CR
Event date
Sep 14, 2010
Type of event by nationality
WRD - Celosvětová akce
UT code for WoS article
000337077600023

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