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Journals / Business and Economics Research Journal / 2021 / Cilt: 12 - Sayı: 3

Is There Any Asymmetry Between Wholesale and Consumer Food Prices in Selected European Countries and Turkey?

Özge KANDEMİR KOCAASLAN
Abdurrahman Nazif ÇATIK
Ali KAT
Pages
469–490
DOI
—
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AI Summary & Key Takeaways

AI Insight
⚡ TL;DR(Too Long; Didn't Read)

The results show that asymmetric price transmission isnot a market anomaly, but it is a common situation in the market.

📌 3 Key Takeaways

🎯
Objective & Hypothesis:Vertical price linkages (transmission mechanism) constitute an importantpillar of food and agricultural economics research.
📊
Key Findings & Data:These linkages contain informationon the relationships between the economic units of the supply chain at different levels.This study aims to investigate the existence of an imperfect price transmissionmechanism in the food markets of the selected countries between January 2000 andJanuary 2018.
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Conclusion & Impact:The results show that asymmetric price transmission isnot a market anomaly, but it is a common situation in the market.
🔬Design:Modeling & Simulation
📍Scope:2000 Verileri
⚙️Variables:Domain Parameters

Özet

Vertical price linkages (transmission mechanism) constitute an importantpillar of food and agricultural economics research. These linkages contain informationon the relationships between the economic units of the supply chain at different levels.This study aims to investigate the existence of an imperfect price transmissionmechanism in the food markets of the selected countries between January 2000 andJanuary 2018. For this purpose, the transmission mechanism between producer andconsumer prices in the food supply chain is analyzed via a nonlinear autoregressivedistributed lag model (NARDL). The results show that asymmetric price transmission isnot a market anomaly, but it is a common situation in the market. The results imply thatthe presence of asymmetric price transmission in the food market might triggerinequalities by mainly decreasing the income of the lower-income groups.

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Cite This Article

KOCAASLAN, Ö. K., ÇATIK, A. N., KAT, A. (2021). Is There Any Asymmetry Between Wholesale and Consumer Food Prices in Selected European Countries and Turkey?. Business and Economics Research Journal, Cilt: 12 - Sayı: 3, 469–490. https://ajindex.com/articles/352173

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