Price Transmission Asymmetry in Pork and Beef Markets
Farm, 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.
Volume (Year): (1990)
Issue (Month): 4 ()
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