The Impact Of Intermediate Input Price Changes On Food Prices: An Analysis Of "From-The-Ground-Up" Effects
The impact of intermediate input price increases on food prices is analyzed assuming the producers can pass through increased production costs to final consumers. Five scenarios of input price increases are empirically examined. Findings indicate that the meat processing sector has a strong dependence on intermediate inputs (livestock), and an increase in livestock prices would have a greater impact on processed meat prices than would any other intermediate input price increases. Price increases in the service sector would result in overall price increases in food prices comparable to increases in intermediate agricultural commodities. Further, price increases in nondurable goods have more influence on food price increases than durable goods.
Volume (Year): 20 (2002)
Issue (Month): 1 ()
|Contact details of provider:|| Postal: 301 Conner Hall, University of Georgia, Athens, GA 30602-7509|
Web page: http://www.agecon.uga.edu/~jab/
More information through EDIRC
References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Popkin, Joel, 1974. "Consumer and Wholesale Prices in a Model of Price Behavior by Stage of Processing," The Review of Economics and Statistics, MIT Press, vol. 56(4), pages 486-501, November.
- Robert E. Young & Lori Wilcox & Brian Willott & Gary Adams & D. Scott Brown, 1997. "Consumer Food Prices from the Ground Up," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1673-1676.
- Frederick L. Joutz, 1997. "Forecasting CPI Food Prices: An Assessment," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1681-1685.
- Annette L. Clauson, 1997. "Forecasting Retail Food Prices Under Current Conditions," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1669-1672.
- Daniel Aaronson, 2001. "Price Pass-Through And The Minimum Wage," The Review of Economics and Statistics, MIT Press, vol. 83(1), pages 158-169, February.
- John M. Urbanchuk, 1997. "Commodity Markets, Farm-Retail Spreads, and Macroeconomic Condition Assumptions in Food Price Forecasting," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(5), pages 1677-1680.
- Lee, Chinkook & Schluter, Gerald E. & O'Roark, Brian, 2000. "Minimum Wage And Food Prices: An Analysis Of Price Pass-Through Effects," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IFAMA), vol. 3(01).
- Besley, Timothy J. & Rosen, Harvey S., 1999.
"Sales Taxes and Prices: An Empirical Analysis,"
National Tax Journal,
National Tax Association, vol. 52(n. 2), pages 157-78, June.
- Poterba, James M., 1996. "Retail Price Reactions to Changes in State and Local Sales Taxes," National Tax Journal, National Tax Association, vol. 49(2), pages 165-76, June.
- Gron, Anne & Swenson, Deborah L, 1996. "Incomplete Exchange-Rate Pass-Through and Imperfect Competition: The Effect of Local Production," American Economic Review, American Economic Association, vol. 86(2), pages 71-76, May.
When requesting a correction, please mention this item's handle: RePEc:ags:jloagb:14651. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search)
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.