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Further Results on Asymmetry in Farm-Retail Price Transmission under Spatial Monopoly

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Listed author(s):
  • Fousekis Panos

    (Aristotle University, Thessaloniki)

Abstract

This work suggests that the range of parametric configurations which give rise to a strictly convex farm-retail price transmission function is wider than that identified by Azzam (1999). As a matter of fact, Azzam's implicit result (that is, a strictly convex aggregate demand function leads always to a strictly concave price transmission function) emerges only as a particular case of the result obtained here for large elasticity of aggregate demand and patient enough retailers.

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File URL: https://www.degruyter.com/view/j/jafio.2008.6.1/jafio.2008.6.1.1225/jafio.2008.6.1.1225.xml?format=INT
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Article provided by De Gruyter in its journal Journal of Agricultural & Food Industrial Organization.

Volume (Year): 6 (2008)
Issue (Month): 1 (August)
Pages: 1-11

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Handle: RePEc:bpj:bjafio:v:6:y:2008:i:1:n:7
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  1. Hahn, William F., 1990. "Price Transmission Asymmetry in Pork and Beef Markets," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, issue 4.
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Cited by:

  1. Fabio Gaetano Santeramo, 2015. "Price Transmission in the European Tomatoes and Cauliflowers Sectors," Agribusiness, John Wiley & Sons, Ltd., vol. 31(3), pages 399-413, 06.
  2. Xia, Tian & Li, Xianghong, 2009. "Asymmetric Price Transmission and Demand Characteristics," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49400, Agricultural and Applied Economics Association.

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