Asymmetry of price transmission as a consequence of market structure in the agri-food chain

Kód výsledku v IS VaVaI

<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F62156489%3A43110%2F17%3A43913379" target="_blank" >RIV/62156489:43110/17:43913379 - isvavai.cz</a>

Nalezeny alternativní kódy

RIV/62156489:43210/17:43913379 RIV/62156489:43310/17:43913379

Výsledek na webu

<a href="http://www.icabr.com/respo/RESPO_2017.pdf" target="_blank" >http://www.icabr.com/respo/RESPO_2017.pdf</a>

DOI - Digital Object Identifier

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Jazyk výsledku

angličtina

Název v původním jazyce

Asymmetry of price transmission as a consequence of market structure in the agri-food chain

Popis výsledku v původním jazyce

The paper deals with the analysis of price transmission within the commodity chain of bread production in the Czech Republic. The aim of the paper is to assess the asymmetry of price transmission, which may be caused by the existence of market power within the given commodity chain. The coefficients of price transmission elasticity were calculated to express numerically the intensity of price transmission between particular markets of the commodity chain. The intensity of the dependence of positive and negative inter-market price differences and the time lag were tested as well. The findings showed mostly inelastic price transmission in the supply direction, i.e. from the farm level towards the retail, except for the elastic response of consumer price on producer price changes. The analysis confirmed the existence of asymmetric price transmission from input to output prices, which may be regarded as a consequence of market structure on particular markets within the given food commodity chain.

Název v anglickém jazyce

Asymmetry of price transmission as a consequence of market structure in the agri-food chain

Popis výsledku anglicky

The paper deals with the analysis of price transmission within the commodity chain of bread production in the Czech Republic. The aim of the paper is to assess the asymmetry of price transmission, which may be caused by the existence of market power within the given commodity chain. The coefficients of price transmission elasticity were calculated to express numerically the intensity of price transmission between particular markets of the commodity chain. The intensity of the dependence of positive and negative inter-market price differences and the time lag were tested as well. The findings showed mostly inelastic price transmission in the supply direction, i.e. from the farm level towards the retail, except for the elastic response of consumer price on producer price changes. The analysis confirmed the existence of asymmetric price transmission from input to output prices, which may be regarded as a consequence of market structure on particular markets within the given food commodity chain.

Druh

D - Stať ve sborníku

CEP obor

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OECD FORD obor

50202 - Applied Economics, Econometrics

Projekt

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Návaznosti

S - Specificky vyzkum na vysokych skolach

Rok uplatnění

2017

Kód důvěrnosti údajů

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

Název statě ve sborníku

Region v rozvoji společnosti 2017: sborník příspěvků

ISBN

978-80-7509-548-0

ISSN

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e-ISSN

neuvedeno

Počet stran výsledku

6

Strana od-do

50-55

Název nakladatele

Mendelova univerzita v Brně

Místo vydání

Brno

Místo konání akce

Brno

Datum konání akce

19. 10. 2017

Typ akce podle státní příslušnosti

WRD - Celosvětová akce

Kód UT WoS článku

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