Hillen J. (2021). Vertical price transmission in Swiss dairy and cheese value chains. Agricultural and Food Economics, 01/12/2021, vol. 9, p. 1-21.
https://doi.org/10.1186/s40100-021-00187-3
https://doi.org/10.1186/s40100-021-00187-3
Titre : | Vertical price transmission in Swiss dairy and cheese value chains (2021) |
Auteurs : | J. Hillen |
Type de document : | Article |
Dans : | Agricultural and Food Economics (vol. 9, December 2021) |
Article en page(s) : | p. 1-21 |
Langues : | Anglais |
Langues du résumé : | Anglais |
Catégories : |
Catégories principales 10 - INDUSTRIES ; 10.5 - Produits LaitiersThésaurus IAMM EXPLOITATION LAITIERE ; PRODUCTION LAITIERE ; PRODUIT LAITIER ; CHAINE DE VALEUR ; FROMAGE ; LAIT ; PRIX ; POLITIQUE DES PRIX ; FORMATION DES PRIX ; SUISSE |
Résumé : | In Switzerland, there are separated value chains for dairy and cheese products, which differ in terms of industry concentration, value chain governance, and product characteristics. We analyze how milk prices are passed on along these different value chains. Using detailed price data on farm gate, wholesale, export, and retail levels, we apply asymmetric vector autoregressive and vector error correction models to study vertical price transmission in Swiss dairy and cheese chains. Contrary to most existing literature, we find almost no long-run price relationships and no significant asymmetries between the different stages and products and discuss the potential reasons. |
Cote : | En ligne |
URL / DOI : | https://doi.org/10.1186/s40100-021-00187-3 |