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Price transmission between maize and poultry product markets in the Visegrád Group countries: What is more nonlinear, egg or chicken?

Author

Listed:
  • Sergei Kharin

    (Institute of Economic Research, Slovak Academy of Sciences, Bratislava, Slovakia)

  • Zuzana Kapustova

    (Faculty of Economics and Management, Slovak University of Agriculture in Nitra, Nitra, Slovakia)

  • Ivan Lichner

    (Institute of Economic Research, Slovak Academy of Sciences, Bratislava, Slovakia)

Abstract

In this article, we present applied research in the field of price transmission modelling with the generalised additive model. In line with recent studies on nonlinear time series models for price transmission, we introduce a nonparametric technique of generalised additive modelling to provide evidence of nonlinear patterns in price linkages and compare the degree of nonlinearity in price transmission between feed maize and poultry product markets in the Visegrád Group countries. The results of our empirical approach contribute to knowledge about market competitiveness in the Visegrád Group countries and provide information to policymakers.

Suggested Citation

  • Sergei Kharin & Zuzana Kapustova & Ivan Lichner, 2023. "Price transmission between maize and poultry product markets in the Visegrád Group countries: What is more nonlinear, egg or chicken?," Agricultural Economics, Czech Academy of Agricultural Sciences, vol. 69(12), pages 510-522.
    • Handle: RePEc:caa:jnlage:v:69:y:2023:i:12:id:320-2023-agricecon
    DOI: 10.17221/320/2023-AGRICECON
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