Local Polynomial Fitting and Spatial Price Relationships: Price Transmission in the EU Markets for Pigmeat
We apply nonparametric methods to assess price transmission processes within the EU pig markets. We compare results derived from nonparametric regressions with those obtained using alternative nonlinear threshold models. Results show that nonparametric regressions support the parametric results. However, parametric techniques often suggest a higher degree of price transmission than that implied by threshold models.
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- Chavas, Jean-Paul & Mehta, Aashish, 2002.
"Price Dynamics in a Vertical Sector: The Case of Butter,"
Staff Paper Series
452, University of Wisconsin, Agricultural and Applied Economics.
- Jean-Paul Chavas & Aashish Mehta, 2004. "Price Dynamics in a Vertical Sector: The Case of Butter," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 86(4), pages 1078-1093.
- Chavas, Jean- Paul & Mehta, Aashish, 2002. "Price Dynamics in a Vertical Sector: The Case of Butter," Working Papers 201555, University of Wisconsin-Madison, Department of Agricultural and Applied Economics, Food System Research Group.
- Christopher B. Barrett & Jau Rong Li, 2002. "Distinguishing between Equilibrium and Integration in Spatial Price Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(2), pages 292-307.
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