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Transmission Of Market Crises In The European Vegetables Sector

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  • Santeramo, Fabio Gaetano
  • Cioffi, Antonio

Abstract

The paper analyses the problem of transmission of crises in European fruit and vegetable markets. The analysis is performed on the prices of tomatoes and cauliflowers on some important markets of the European Union close to production or consumption areas. The methodological approach consists in estimating a two regime error correction model capable of capturing the main aspects of price transmission in the absence or presence of market crises. The analysis shows that the transmission of market crises differs according to the characteristics of the markets analysed, their proximity to production or consumption areas, as well as to the products considered. The work has allowed the identification of relevant insights for planning policies for crisis management in the fresh vegetables sector.

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Bibliographic Info

Article provided by Edizioni L’Informatore Agrario in its journal Politica Agricola Internazionale - International Agricultural Policy.

Volume (Year): (2)
Issue (Month): 2 ()
Pages:

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Handle: RePEc:ags:eiapai:150386

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Web page: http://www.informatoreagrario.it/ita/riviste/Pagri/index.asp

Related research

Keywords: Market crises; vegetables; price transmission; Agricultural and Food Policy; International Relations/Trade; F13; Q17; Q18;

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References

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  1. Listorti, Giulia & Esposti, Roberto, 2012. "Horizontal Price Transmission in Agricultural Markets: Fundamental Concepts and Open Empirical Issues," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), issue 1, April.
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  9. Santeramo, Fabio Gaetano & Cioffi, Antonio, 2010. "Spatial price dynamics in the EU F&V sector: the cases of tomato and cauliflower," MPRA Paper 24930, University Library of Munich, Germany.
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  12. Antonio Cioffi & Fabio Gaetano Santeramo & Cosimo Damiano Vitale, 2011. "The price stabilization effects of the EU entry price scheme for fruit and vegetables," Agricultural Economics, International Association of Agricultural Economists, vol. 42(3), pages 405-418, 05.
  13. Ahlgren, Niklas & Antell, Jan, 2010. "Stock market linkages and financial contagion: A cobreaking analysis," The Quarterly Review of Economics and Finance, Elsevier, vol. 50(2), pages 157-166, May.
  14. Madsen, Jakob B., 2001. "Agricultural Crises And The International Transmission Of The Great Depression," The Journal of Economic History, Cambridge University Press, vol. 61(02), pages 327-365, June.
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Citations

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Cited by:
  1. Santeramo, Fabio Gaetano & Adinolfi, Felice & Capitanio, Fabian & Contò, Francesco & Sasala, Piero, 2013. "Coping with Risks in the Mediterranean Countries? Let the experts explain," MPRA Paper 49852, University Library of Munich, Germany.
  2. Santeramo, Fabio Gaetano & Cioffi, Antonio & Vitale, Cosimo Damiano, 1. "A Threshold-Var Approach To Assess The Efficacy Of The Eu Import Regime," International Journal of Food and Agricultural Economics (IJFAEC), Niğde University, Faculty of Economics and Administrative Sciences, vol. 2(1).

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