Price Transmission Asymmetry in Pork and Beef Markets
AbstractFarm, wholesale, and retail prices for beef and pork show significant evidence of asymmetric price interactions. All prices display greater sensitivity to price-increasing shocks than to price-decreasing shocks. The farm beef price, in particular, reacts faster to wholesale price increases than to whole sale price decreases.
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Bibliographic InfoArticle provided by United States Department of Agriculture, Economic Research Service in its journal Journal of Agricultural Economics Research.
Volume (Year): (1990)
Issue (Month): 4 ()
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Endogenous switching; pork; beef; asymmetry; price transmission; Livestock Production/Industries;
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