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Price linkages between wholesale and retail pork cuts
Author(s) -
Schroeder Ted C.
Publication year - 1988
Publication title -
agribusiness
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.57
H-Index - 43
eISSN - 1520-6297
pISSN - 0742-4477
DOI - 10.1002/1520-6297(198807)4:4<359::aid-agr2720040406>3.0.co;2-e
Subject(s) - wholesale price index , economics , rigidity (electromagnetism) , producer price index , monetary economics , business , commerce , mid price , price level , structural engineering , engineering
This article investigates the price transmissions of specific pork cuts between wholesale and retail markets. It examines retail price rigidity and symmetry in relation to changes in wholesale prices. Results indicate that different cuts possess different lag lengths. There is also some evidence that retailers react more quickly to increasing wholesale prices than decreasing wholesale prices; however, the cumulative effects are very similar.