Evaluation of the price transmission in the commodity chain of milk and butter in the Czech Republic
Identifikátory výsledku
Kód výsledku v 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>
Nalezeny alternativní kódy
RIV/62156489:43110/22:43921193
Výsledek na webu
<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
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Alternativní jazyky
Jazyk výsledku
angličtina
Název v původním jazyce
Evaluation of the price transmission in the commodity chain of milk and butter in the Czech Republic
Popis výsledku v původním jazyce
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.
Název v anglickém jazyce
Evaluation of the price transmission in the commodity chain of milk and butter in the Czech Republic
Popis výsledku anglicky
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.
Klasifikace
Druh
J<sub>imp</sub> - Článek v periodiku v databázi Web of Science
CEP obor
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OECD FORD obor
50202 - Applied Economics, Econometrics
Návaznosti výsledku
Projekt
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Návaznosti
S - Specificky vyzkum na vysokych skolach
Ostatní
Rok uplatnění
2022
Kód důvěrnosti údajů
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů
Údaje specifické pro druh výsledku
Název periodika
Bulgarian Journal of Agricultural Science
ISSN
1310-0351
e-ISSN
2534-983X
Svazek periodika
28
Číslo periodika v rámci svazku
1
Stát vydavatele periodika
BG - Bulharská republika
Počet stran výsledku
7
Strana od-do
42-48
Kód UT WoS článku
000760310800006
EID výsledku v databázi Scopus
2-s2.0-85126318830