Journal article

Publication year: 2004

Pages: 7-22

Journal: Journal of International Food & Agribusiness Marketing

Volume number: 15

Issue number: 1-2

ISSN: 0897-4438

eISSN: 1528-6983

DOI Link: https://doi.org/10.1300/J047v15n01_02

Publisher: Taylor and Francis Group

Abstract: 

The purpose of this paper is to deduce a clear picture of the producer-retail price relationship for a regional market segment of the German meat sector. The price transmission approach of Palaskas (1995) is extended by considering the wholesale level separately and implementing a cost variable that reflects slaughtering costs explicitly. The vertical price transmission analysis is based on weekly prices for the period 1995-1997. The hypothesis of perfect price transmission in both the long and short run has been rejected. While the producer-wholesale relationship is quite competitive, retailers seem to exercise market power.

Harvard Citation style: Pfaff, K., Anders, S. and Herrmann, R. (2004) Processing Costs and Price Transmission in the Meat Marketing Chain, Journal of International Food & Agribusiness Marketing, 15(1-2), pp. 7-22. https://doi.org/10.1300/J047v15n01_02

APA Citation style: Pfaff, K., Anders, S., & Herrmann, R. (2004). Processing Costs and Price Transmission in the Meat Marketing Chain. Journal of International Food & Agribusiness Marketing. 15(1-2), 7-22. https://doi.org/10.1300/J047v15n01_02