Arbeitspapier

Price asymmetry in farm-retail price transmission in the Turkish dairy market

This study investigates the price asymmetry in farm-retail price transmission in the Turkish milk market. An asymmetric error correction model is applied on the monthly price data, and the results suggest that there is a positive price asymmetry in the farm-retail price transmission in the Turkish dairy market. That is, the retail prices tend to adjust more quickly to the input price increases than to its decreases which yield welfare losses to the consumers. In addition, cointegration results imply that there is a significant market power in the dairy market.

Sprache
Englisch

Erschienen in
Series: Discussion Paper ; No. 2013/12

Klassifikation
Wirtschaft
Thema
Price Asymmetry
Turkey
Milk
Error Correction Model

Ereignis
Geistige Schöpfung
(wer)
Bor, Özgür
İsmihan, Mustafa
Bayaner, Ahmet
Ereignis
Veröffentlichung
(wer)
Turkish Economic Association
(wo)
Ankara
(wann)
2013

Handle
Letzte Aktualisierung
10.03.2025, 11:41 MEZ

Datenpartner

Dieses Objekt wird bereitgestellt von:
ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften - Leibniz-Informationszentrum Wirtschaft. Bei Fragen zum Objekt wenden Sie sich bitte an den Datenpartner.

Objekttyp

  • Arbeitspapier

Beteiligte

  • Bor, Özgür
  • İsmihan, Mustafa
  • Bayaner, Ahmet
  • Turkish Economic Association

Entstanden

  • 2013

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