Who cut the cheese?
AbstractIn this article I examine whether retail and producer prices for American processed cheese follow a long-run linear relationship. The results suggest that wholesale and retail prices are not cointegrated, even when allowance is made for nonlinear and threshold effects, suggesting little evidence of pass-through of costs to the retail level.
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Bibliographic InfoArticle provided by Taylor & Francis Journals in its journal Applied Economics Letters.
Volume (Year): 18 (2011)
Issue (Month): 1 ()
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- Peter Sephton & Janelle Mann, 2013. "Threshold Cointegration: Model Selection with an Application," Journal of Economics and Econometrics, Economics and Econometrics Research Institute (EERI), Brussels, vol. 56(2), pages 54-77.
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