Beef and milk price links in Turkey
This article addresses the recent red meat price spikes in Turkey, using contemporary time-series analysis. The arguments point to the impact of low milk prices that led to liquidation of dairy herds and decline of beef prices initially due to the liquidation and increased meat supply, and subsequent price increases in the next year due to decreased supply. The results revealed that dairy herd liquidation had a delayed impact of a year to 18 months on farm, wholesale, and retail beef prices. Those effects wore off over a two year time period.
|Date of creation:||Nov 2012|
|Publication status:||published (Economics Bulletin (2013), 33(4): 2607-2616)|
|Contact details of provider:|| Postal: Mardin Artuklu Univeristy Sosyal Bilimler Enstitusu Diyarbakir Yolu, Yenisehir Mardin, 47100 Turkey|
Web page: http://iktisat.artuklu.edu.tr/
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- Anthony N. Rezitis & Konstantinos S. Stavropoulos, 2012. "Greek meat supply response and price volatility in a rational expectations framework: a multivariate GARCH approach," European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 39(2), pages 309-333, April.
- Rezitis, Anthony N. & Stavropoulos, Konstantinos S., 2009. "Greek meat supply response and price volatility in a rational expectations framework: A multivariate GARCH approach," 113th Seminar, September 3-6, 2009, Chania, Crete, Greece 58120, European Association of Agricultural Economists.
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