文章基本信息

标题：ASYMMETRIC PRICE RELATIONSHIPS IN THE U.S. BROILER INDUSTRY
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作者：Bernard, John C. ; Willett, Lois Schertz
期刊名称：Journal of Food Distribution Research
印刷版ISSN：0047-245X
出版年度：1996
页码：279-289
出版社：Food Distribution Research Society
摘要：This study presents a testing methodology to analyze potential price asymmetries among the farm, wholesale, and retail levels of the U.S. broiler industry. Lag length, direction of causality and power of the integrators in the industry have allowed the wholesale price to become the center, causal price in the market. Asymmetric price transmissions, however, are limited. While downward movements in the wholesale price are passed on more fully to growers than increases in the wholesale price, only consumers in the North Central region of the U.S. share a larger portion of wholesalers' price increases than price decreases.
关键词：Asymmetry;Broilers;Concentration;Granger causality;Price transmission