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Food markets performance under the COVID-19 pandemic: a case study of meat industry in Iran

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  • Omid Zamani
  • Thomas Bittmann
  • Jens-Peter Loy

Abstract

This paper presents empirical evidence of the potential impact of the COVID-19 pandemic on the price structure and dynamics within two food value chains. Different proxies are applied to high-frequency panel data of beef and poultry prices in Iran. Results show that during the COVID-19 pandemic increased markups are associated with reduced cost pass-through along the value chains of beef and poultry in Iran. The results indicate that the COVID-19 pandemic induces market frictions on the supply and demand side, which decreases market performance.

Suggested Citation

  • Omid Zamani & Thomas Bittmann & Jens-Peter Loy, 2023. "Food markets performance under the COVID-19 pandemic: a case study of meat industry in Iran," Applied Economics Letters, Taylor & Francis Journals, vol. 30(9), pages 1151-1156, May.
    • Handle: RePEc:taf:apeclt:v:30:y:2023:i:9:p:1151-1156
    DOI: 10.1080/13504851.2022.2039362
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