Does The Reduction In Peanut Prices Benefit Peanut Butter Consumers?
AbstractUsing monthly data, we find evidence of both short- and long-run asymmetry of price transmission from peanut to peanut butter prices. This suggests that the asymmetry is more likely a result of imperfect competition than of competitive profit maximizing inventory management. Effects of producer support policy changes are discussed.
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Bibliographic InfoPaper provided by Southern Agricultural Economics Association in its series 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma with number 34700.
Date of creation: 2004
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