Asymmetry and rigidity in farm-retail price transmission

American Journal of Agricultural Economics

Volumn 81, Issue 3, 1999, Pages 525-533

  Azzam, Azzeddine M ^a  

^a UNIVERSITY OF NEBRASKA LINCOLN   (United States)

Author keywords

Menu costs; Price rigidity; Price transmission asymmetry; Spatial competition

Indexed keywords

EID: 0000457117     PISSN: 00029092     EISSN: None     Source Type: Journal    
DOI: 10.2307/1244012     Document Type: Article

References (16)

1. Benson, B.L., and M.D. Faminow. "An Alternative View of Pricing in Retail Food Markets." Amer. J. Agr. Econ. 67(May 1985) 296-306.
2. Capozza, D.R., and R. Van Order. "A Generalized Model of Spatial Competition." Amer. Econ. Rev. 68(December 1978):896-908.
3. _. "Pricing Under Spatial Competition and Spatial Monopoly." Econometrica 45(September 1977):1329-38.
4. Carlton, D.W. "The Theory and Practice of How Markets Clear: Is Industrial Organization Valuable for Understanding Macroeconomics?" R. Schmanelsee and R. Willing, eds. Handbook of Industrial Organization. New York: North Holland, 1989.
5. Greenhut, M.L., G. Norman, and C. Hung. The Economics of Imperfect Competition: A Spatial Approach. Cambridge: Cambridge University Press, 1987.
6. Hahn, W.F. "Price Discovery and Asymmetric Price Transmission in Pork and Beef Markets." J. Agr. Econ. Res. 42(1990):21-30
7. Heien, D.M. "Markup Pricing in A Dynamic Model of the Food Industry." Amer. J. Agr. Econ. 62(February 1980):10-18.
8. Houck, J.P. "An Approach to Specifying and Estimating Nonreversible Functions." Amer. J. Agr. Econ. 59(August 1977):570-72.
9. Kinnucan, H.A., and O.D. Forker. "Asymmetry in Farm-Retail Price Transmission for Major Dairy Products." Amer. J. Agr. Econ. 69(May 1987):285-92.
10. Kuran, T. "Asymmetric Price Rigidity and Inflationary Bias." Amer. Econ. Rev. 73(June 1983):373-82.
11. Levy, D., M. Bergen, S. Dutta, and R. Venable. "The Magnitude of Menu Costs: Direct Evidence from Large U.S. Supermarket Chains." Quart. J. Econ. 112(August 1997): 791-825.
12. Maddala, G.S. Limited Dependent and Qualitative Variables in Econometrics. Cambridge: Cambridge University Press, 1983.
13. Phlips, L. "Intertemporal Price Discrimination and Sticky Prices." Quart. J. Econ. 94(May 1980):525-42.
14. Schmanelsee, R. "Inter-Industry Studies of Structure and Performance." R. Schmanelsee and R. Willing, eds. Handbook of Industrial Organization. New York: North Holland, 1989.
15. Sexton, R. "Imperfect Competition in Agricultural Markets and the Role of Cooperatives: A Spatial Analysis." Amer. J. Agr. Econ. 72(August 1990):709-20.
16. Ward, R.W. "Asymmetry in Retail, Wholesale and Shipping Point Prices for Fresh Fruits and Vegetables." Amer. J. Agr. Econ. 62(May 1982):205-12.