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

Kód výsledku v IS VaVaI

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Výsledek na webu

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DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

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

Popis výsledku v původním jazyce

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.

Název v anglickém jazyce

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

Popis výsledku anglicky

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.

Druh

D - Stať ve sborníku

CEP obor

GA - Zemědělská ekonomie

OECD FORD obor

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Projekt

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Návaznosti

Z - Vyzkumny zamer (s odkazem do CEZ)

Rok uplatnění

2010

Kód důvěrnosti údajů

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

Název statě ve sborníku

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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Počet stran výsledku

8

Strana od-do

211-218

Název nakladatele

Czech University of Life Sciences Prague

Místo vydání

Prague, CR

Místo konání akce

Czech University of Life Sciences Prague, CR

Datum konání akce

14. 9. 2010

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

000337077600023