Marketing and pricing dynamics in the presence of structural breaks: The Hungarian pork market

Journal of International Food and Agribusiness Marketing

Volumn 21, Issue 2-3, 2009, Pages 116-133

  Bakucs, Lajos Zoltán ^a   Fertö, Imre ^a  

^a INSTITUTE OF EXPERIMENTAL MEDICINE   (Hungary)

Author keywords

Hungarian pork market; Marketing margin; Price transmission; Pricing; Structural breaks

Indexed keywords

EID: 72949089935     PISSN: 08974438     EISSN: 15286983     Source Type: Journal    
DOI: 10.1080/08974430802587638     Document Type: Article

References (27)

1. Abdulai, A. (2002). Using threshold cointegration to estimate asymmetric price transmission in the Swiss pork market. Applied Economics, 34, 679-687.
2. Bakucs, L. Z., & Fertö, I. (2005). Marketing margins and price transmission on the Hungarian pork meat market. Agribusiness, 21(2), 273-286.
3. Ben-Kaabia, M., Gil, J. M., & Boshnjaku, L. (2002, August). Price transmission asymmetries in the Spanish lamb sector. Paper presented at the X. Congress of European Association of Agricultural Economists, Zaragoza, Spain.
4. Bojnec, S. (2002, August). Price transmission and marketing margins in the Slovenian beef and pork markets during transition. Paper presented at the X. Congress of European Association of Agricultural Economists, Zaragoza, Spain.
5. Boswijk, H. P., & Urbain, J. P. (1997). Lagrange-multiplier tests for weak exogeneity: A synthesis. Econometric Reviews, 16, 21-38.
6. Dawson, P. J., & Tiffin, R. (2000). Structural breaks, cointegration and the farm-retail price spread for lamb. Applied Economics, 32, 1281-1286.
7. Dickey, D. A., & Fuller, W. A. (1979). Distributions of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association, 75, 427-431.
8. Dickey, D. A., & Fuller, W. A. (1981). Likelihood ratio statistics for autoregressive time series with a unit root. Econometrica, 49, 1057-1072.
9. Elliott, G., Rothenberg, T. J., & Stock, J. H. (1996). Efficient tests for an autoregressive unit root. Econometrica, 64, 813-836.
10. Engle, R. F., & Granger, C. W. J. (1987). Cointegration and error correction: Representation, estimation and testing. Econometrica, 55, 251-276.
11. Granger, C. W. J. (1969). Investigating casual relations by econometric methods and cross-spectral methods. Econometrica, 37, 24-36.
12. Gregory, A. W., & Hansen, B. E. (1996). Residual-based tests for cointegration in models with regime shifts. Journal of Econometrics, 70, 99-126.
13. Goodwin, B. K., & Harper, D. C. (2000). Price transmission, threshold behaviour, and asymmetric adjustment in the U.S. pork sector. Journal of Agricultural and Applied Economics, 32, 543-553.
14. Goodwin, B. K., & Holt, M. T. (1999). Price transmission and asymmetric adjustment in the U.S. beef sector. American Journal of Agricultural Economics, 81, 630-637.
15. Guba, F. Z. (2001). Transzferek és hatékonys-agzavarok az élelmiszerterme ́kpalyakon (Transfers and efficiency disturbances in food chain.). Közgazdasagi Szemle, 48, 44-62.
16. Houck, J. P. (1977). An approach to specifying and estimating nonreversible functions. American Journal of Agricultural Economics, 59, 570-572.
17. Jansik, C. (2000). Determinants and influence of foreign direct investments in the Hungarian food industry in a Central and Eastern European context. Agrifood Research Finland Economic Research (MTTL) Publications 102.
18. Johansen, S. (1988). Statistical analysis of cointegrating vectors. Journal of Economic Dynamics and Control, 12, 231-254.
19. Johansen, S., Mosconi, R., & Nielsen, B. (2000). Cointergration analysis in the presence of structural breaks in the deterministic trend. Econometrics Journal, 3, 216-249.
20. Maddala, G. S., & Kim, I.-M. (1998). Unit roots, cointegration, and structural change. Cambridge, UK: Cambridge University Press.
21. Meyer, J., & Von Cramon-Taubadel, S. (2004). Asymmetric price transmission: A survey. Journal of Agricultural Economics, 55(3), 581-611.
22. Miller, J. D., & Hayenga, M. L. (2001). Price cycles and asymmetric price transmission in the U.S. pork market. American Journal of Agricultural Economics, 83, 551-561.
23. Perron, P. (1997). Further evidence on breaking trend functions in macroeconomic variables. Journal of Econometrics, 80, 355-385.
24. Rezitis, A. (2003). Mean and volatility spillover effects in Greek producer-consumer meat prices. Applied Economics Letters, 10, 381-384. (Pubitemid 36650403)
25. Von Cramon-Taubadel, S. (1998). Estimating asymmetric price transmission with the error correction representation: An application to the German pork market. European Review of Agricultural Economics, 25, 1-18.
26. Ward, R. W. (1982). Asymmetry in retail, wholesale, and shipping point pricing for fresh vegetables. American Journal of Agricultural Economics, 64, 205-212.
27. Wolffram, R. (1971). Positivistic measures of aggregate supply elasticities: Some new approaches-some critical notes. American Journal of Agricultural Economics, 31, 356-359.