文章基本信息

标题：TESTING FOR SYMMETRY IN PRICE TRANSMISSION: AN EXTENSION OF THE SHILLER LAG STRUCTURE WITH AN APPLICATION TO FRESH TOMATOES
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作者：Parrott, Scott D. ; Eastwood, David B. ; Brooker, John R. 等
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：2001
期号：SUPPL
出版社：Food Distribution Research Society
摘要：An empirical model of the price relationship between distribution stages is developed based on the Shiller lag. The assumption of constant returns to scale is relaxed to incorporate changes in the volume of shipments. An iterative GLS methodology is developed to estimate the model. Tests for symmetry, length of adjustment, and the amount of price transmission are outlined. An application using the change in the retail price of tomatoes based on shipping point price changes is described. Results suggest that the supermarket chain does not respond differently to price increases versus decreases at the shipping point level.
关键词：farm level;price spreads;price transmission;retail level;Shiller lag structure;symmetry;tomatoes