Vertical Price Transmission in the Argentine Beef Sector

Authors

  • Gustavo Rossini Departamento de Economía, Universidad Nacional del Litoral image/svg+xml
  • Edith Depetris Guiguet Departamento de Economía, Universidad Nacional del Litoral image/svg+xml

Keywords:

asymmetric price transmission, threshold cointegration, beef market, supply chain, Argentina

Abstract

This study addresses the issue of price transmission at different levels in the Argentina’s beef industry. Previous research has suggested that the process of price transmission in the beef supply chain is asymmetric, with input price increases passed on more rapidly and completely than input price decreases. A threshold cointegration approach was used to test empirically the price transmission process. The results support the hypothesis that prices moved asymmetrically in the period analyzed, with price increases transmitted faster than price decreases. The study has important implications for the participants in the beef market and for public policy in the Argentina’s beef sector.

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References

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Published

2008-10-31

How to Cite

Rossini, G., & Depetris Guiguet, E. (2008). Vertical Price Transmission in the Argentine Beef Sector. Economic Analysis Review, 23(2), 3–19. Retrieved from https://www.rae-ear.org/index.php/rae/article/view/79

Issue

Vol. 23 No. 2 (2008)

Section

Articles

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Copyright (c) 2008 Gustavo Rossini, Edith Depetris Guiguet

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