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Price Transmission throughout the U.S. Food Distribution System

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  • Kim, Hyeyoung
  • Ward, Ronald W.

Abstract

Vertical markets for foods are linked through pricing systems with much of the performance seen through how well price information is reflected at points of exchange. Price linkage models are estimated using recursive asymmetric methods for measuring price linkages in the U.S. food distribution system for 100 food commodities from January 1995 to June 2009. Preliminary results show that price linkages to be strong but declining over time with evidence of asymmetric in the long run. Long run rising prices are pass through more than falling.

Suggested Citation

  • Kim, Hyeyoung & Ward, Ronald W., 2010. "Price Transmission throughout the U.S. Food Distribution System," 2010 Annual Meeting, February 6-9, 2010, Orlando, Florida 56480, Southern Agricultural Economics Association.
  • Handle: RePEc:ags:saea10:56480
    DOI: 10.22004/ag.econ.56480
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    References listed on IDEAS

    as
    1. Ronald W. Ward, 1982. "Asymmetry in Retail, Wholesale, and Shipping Point Pricing for Fresh Vegetables," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(2), pages 205-212.
    2. Rudolf Wolffram, 1971. "Positivistic Measures of Aggregate Supply Elasticities: Some New Approaches—Some Critical Notes," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(2), pages 356-359.
    3. Ward, Ronald W. & Myers, Lester H., 1979. "Advertising Effectiveness and Coefficient Variation Over Time," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, vol. 31(1), pages 1-11, January.
    Full references (including those not matched with items on IDEAS)

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    Keywords

    Demand and Price Analysis;

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