Evaluation of the price transmission in the commodity chain of milk and butter in the Czech Republic
The result's identifiers
Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43310%2F22%3A43921193" target="_blank" >RIV/62156489:43310/22:43921193 - isvavai.cz</a>
Alternative codes found
RIV/62156489:43110/22:43921193
Result on the web
<a href="https://www.agrojournal.org/28/01-06.pdf" target="_blank" >https://www.agrojournal.org/28/01-06.pdf</a>
DOI - Digital Object Identifier
—
Alternative languages
Result language
angličtina
Original language name
Evaluation of the price transmission in the commodity chain of milk and butter in the Czech Republic
Original language description
The paper deals with the price transmission within the milk commodity chain in the Czech Republic. The aim of the paper is to assess the price transmission within the commodity vertical of the semi-skimmed long-life cow's milk (1.5% fat) as a product with low added value, and of butter as a higher added value product. The dataset consists of monthly prices on the sub-markets of the analysed commodity chain with the period of January 2002 to August 2020 that were retrieved from the Czech Statistical Office and the Ministry of Agriculture of the Czech Republic. Methodologically, the analysis is based on the elasticity of price transmission (EPT) coefficients used in both supply and demand direction, on the correlation of price differences, and on the evaluation of the time-lag changes in output prices in case of changes in input prices. The results show imperfections in the transmission of price changes between individual levels of the commodity chain. Time delays of price transmission are not obvious in the case of these commodities due to the perishability of these products. Finally, several suggestions for further research are given.
Czech name
—
Czech description
—
Classification
Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
50202 - Applied Economics, Econometrics
Result continuities
Project
—
Continuities
S - Specificky vyzkum na vysokych skolach
Others
Publication year
2022
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Data specific for result type
Name of the periodical
Bulgarian Journal of Agricultural Science
ISSN
1310-0351
e-ISSN
2534-983X
Volume of the periodical
28
Issue of the periodical within the volume
1
Country of publishing house
BG - BULGARIA
Number of pages
7
Pages from-to
42-48
UT code for WoS article
000760310800006
EID of the result in the Scopus database
2-s2.0-85126318830