메뉴 건너뛰기




Volumn 41, Issue 1, 2010, Pages 33-42

Price transmission in the Spanish bovine sector: The BSE effect

Author keywords

BSE crisis; Food scare; Price transmission; Regime switching

Indexed keywords

BOVINE SPONGIFORM ENCEPHALOPATHY; DATA ACQUISITION; ERROR CORRECTION; PRICE DETERMINATION;

EID: 74349086871     PISSN: 01695150     EISSN: 15740862     Source Type: Journal    
DOI: 10.1111/j.1574-0862.2009.00423.x     Document Type: Article
Times cited : (45)

References (56)
  • 1
    • 74349107031 scopus 로고    scopus 로고
    • Administración General del Estado. Accessed March 2009. Available at
    • Administración General del Estado, 2009. Información EEB. Accessed March 2009. Available at http://www.eeb.es/.
    • (2009) Información EEB
  • 2
    • 0010089332 scopus 로고    scopus 로고
    • Threshold cointegration
    • Balke, N.S., Fomby, T.B., 1997. Threshold cointegration. Int. Econ. Rev. 38, 627 645.
    • (1997) Int. Econ. Rev. , vol.38 , pp. 627-645
    • Balke, N.S.1    Fomby, T.B.2
  • 3
    • 74349127415 scopus 로고    scopus 로고
    • BBC NEWS. Accessed March 2009. Available at
    • BBC NEWS, 2000. BSE and CJD: Crisis and Chronology. Accessed March 2009. Available at http://news.bbc.co.uk/hi/english/static/in-depth/health/2000/bse/ default.stm.
    • (2000) BSE and CJD: Crisis and Chronology
  • 4
    • 34047102797 scopus 로고    scopus 로고
    • Asymmetric price transmission in the Spanish lamb sector
    • Ben Kaabia, M., Gil, J.M., 2007. Asymmetric price transmission in the Spanish lamb sector. Europ. Rev. Agr. Econ. 34, 53 80.
    • (2007) Europ. Rev. Agr. Econ. , vol.34 , pp. 53-80
    • Ben Kaabia, M.1    Gil, J.M.2
  • 5
    • 0030726245 scopus 로고    scopus 로고
    • Do gasoline prices respond asymmetrically to crude oil price changes?
    • Borenstein, S., Cameron, A., Gilbert, R., 1997. Do gasoline prices respond asymmetrically to crude oil prices? Quart. J. Econ. 112, 305 339. (Pubitemid 27456797)
    • (1997) Quarterly Journal of Economics , vol.112 , Issue.1 , pp. 305-339
    • Borenstein, S.1    Cameron, A.C.2    Gilbert, R.3
  • 6
    • 84963078900 scopus 로고
    • Information on cholesterol and falling shell egg consumption
    • Brown, D.J., Schrader, I.F., 1990. Information on cholesterol and falling shell egg consumption. Amer. J. Agr. Econ. 73, 548 555.
    • (1990) Amer. J. Agr. Econ. , vol.73 , pp. 548-555
    • Brown, D.J.1    Schrader, I.F.2
  • 7
    • 0030473244 scopus 로고    scopus 로고
    • The impact of BSE on the demand for beef and other meats in Great Britain
    • Burton, M., Young, T., 1996. The impact of BSE on the demand for beef and other meats in Great Britain. Appl. Econ. 28, 687 693.
    • (1996) Appl. Econ. , vol.28 , pp. 687-693
    • Burton, M.1    Young, T.2
  • 8
    • 84959757232 scopus 로고
    • Advertising, information and product quality: The case of butter
    • Chang, H.S., Kinnucan, H., 1991. Advertising, information and product quality: The case of butter. Amer. J. Agr. Econ. 73, 1195 1203.
    • (1991) Amer. J. Agr. Econ. , vol.73 , pp. 1195-1203
    • Chang, H.S.1    Kinnucan, H.2
  • 9
    • 7544221278 scopus 로고    scopus 로고
    • Price dynamics in a vertical sector: The case of butter
    • Chavas, J.P., Mehta, A., 2004. Price dynamics in a vertical sector: The case of butter. Amer. Agr. Econ. Assoc. 86, 1078 1093.
    • (2004) Amer. Agr. Econ. Assoc. , vol.86 , pp. 1078-1093
    • Chavas, J.P.1    Mehta, A.2
  • 11
    • 0000874608 scopus 로고
    • Econometric measurement of the duration of advertising effects on sales
    • Clarke, D., 1976. Econometric measurement of the duration of advertising effects on sales. J. Marketing Res. 13, 345 357.
    • (1976) J. Marketing Res. , vol.13 , pp. 345-357
    • Clarke, D.1
  • 12
    • 85036258669 scopus 로고
    • Distribution of the estimators for autoregressive time series with a unit root
    • Dickey, D.A., Fuller, W.A., 1979. Distribution of the estimators for autoregressive time series with a unit root. J. Amer. Statistical Assoc. 74, 427 431.
    • (1979) J. Amer. Statistical Assoc. , vol.74 , pp. 427-431
    • Dickey, D.A.1    Fuller, W.A.2
  • 13
    • 0003398189 scopus 로고
    • Iowa State University, Iowa, IA. John Wiley & Sons
    • Enders, W., 1995. Applied Econometric Time Series. Iowa State University, Iowa, IA. John Wiley & Sons.
    • (1995) Applied Econometric Time Series
    • Enders, W.1
  • 14
    • 0000013567 scopus 로고
    • Co-integration and error correction: Representation, estimation and testing
    • Engle, R.F., Granger, C.W.J., 1987. Co-integration and error correction: Representation, estimation and testing. Econometrica 55, 251 276.
    • (1987) Econometrica , vol.55 , pp. 251-276
    • Engle, R.F.1    Granger, C.W.J.2
  • 15
    • 45949119851 scopus 로고
    • Forcasting and testing in cointegrated systems
    • Engle, R.F., Yoo, B.S., 1987. Forcasting and testing in cointegrated systems. J. Pol. Modeling 35, 143 159.
    • (1987) J. Pol. Modeling , vol.35 , pp. 143-159
    • Engle, R.F.1    Yoo, B.S.2
  • 16
    • 74349085318 scopus 로고    scopus 로고
    • Eurostat. Accessed July 2007. Available at
    • Eurostat, 2007. Dataset. Accessed July 2007. Available at http://europa.eu.int/comm/eurostat/.
    • (2007) Dataset
  • 17
    • 74349104214 scopus 로고    scopus 로고
    • FAO. Accessed July 2007. Available at
    • FAO, 2005. Dataset. Accessed July 2007. Available at http://faostat.fao. org/default.aspx.
    • (2005) Dataset
  • 18
    • 0347249958 scopus 로고    scopus 로고
    • Price transmission, threshold behavior, and asymmetric adjustment in the US pork sector
    • Goodwin, B.K., Harper, D., 2000. Price transmission, threshold behavior, and asymmetric adjustment in the US pork sector. J. Agr. Appl. Econ. 32, 543 553.
    • (2000) J. Agr. Appl. Econ. , vol.32 , pp. 543-553
    • Goodwin, B.K.1    Harper, D.2
  • 19
    • 0032696934 scopus 로고    scopus 로고
    • Price transmission and asymmetric adjustment in the U.S. beef sector
    • Goodwin, B.K., Holt, M., 1999. Price transmission and asymmetric adjustment in the U.S. beef sector. Amer. J. Agr. Econ. 81, 630 637.
    • (1999) Amer. J. Agr. Econ. , vol.81 , pp. 630-637
    • Goodwin, B.K.1    Holt, M.2
  • 20
    • 0035008087 scopus 로고    scopus 로고
    • Spatial marketing integration in the presence of threshold effects
    • Goodwin, B.K., Piggott, N.E., 2001. Spatial marketing integration in the presence of threshold effects. Amer. J. Agr. Econ. 83, 302 317.
    • (2001) Amer. J. Agr. Econ. , vol.83 , pp. 302-317
    • Goodwin, B.K.1    Piggott, N.E.2
  • 21
    • 0036211272 scopus 로고    scopus 로고
    • Mechanical refrigeration and the integration of perishable commodity market
    • Goodwin, B.K., Grennes, T., Craig, L., 2002. Mechanical refrigeration and the integration of perishable commodity market. Exploration Econ. Hist. 39, 154 182.
    • (2002) Exploration Econ. Hist. , vol.39 , pp. 154-182
    • Goodwin, B.K.1    Grennes, T.2    Craig, L.3
  • 22
    • 0004998572 scopus 로고    scopus 로고
    • Some tests for parameter constancy in cointegrated VAR-models
    • Hansen, H., Johansen, S., 1999. Some tests for parameter constancy in cointegrated VAR-models. Econometrics J. 2, 306 333.
    • (1999) Econometrics J. , vol.2 , pp. 306-333
    • Hansen, H.1    Johansen, S.2
  • 23
    • 0037836631 scopus 로고    scopus 로고
    • Testing for two-regime threshold cointegration in vector error correction model
    • Hansen, B.E., Seo, B., 2002. Testing for two-regime threshold cointegration in vector error correction model. J. Econometrics 110, 293 318.
    • (2002) J. Econometrics , vol.110 , pp. 293-318
    • Hansen, B.E.1    Seo, B.2
  • 24
    • 0000137941 scopus 로고
    • An approach to specifying and estimating non reversible functions
    • Houck, P.J., 1977. An approach to specifying and estimating non reversible functions. Amer. J. Agr. Econ. 59, 570 572.
    • (1977) Amer. J. Agr. Econ. , vol.59 , pp. 570-572
    • Houck, P.J.1
  • 25
    • 15044352163 scopus 로고    scopus 로고
    • The Spanish beef sector in the 1990s: Impact of the BSE crisis on efficiency and profitability
    • Iraizoz, B., Bardaji, I., Rapun, M., 2005. The Spanish beef sector in the 1990s: Impact of the BSE crisis on efficiency and profitability. Appl. Econ. 37, 473 484.
    • (2005) Appl. Econ. , vol.37 , pp. 473-484
    • Iraizoz, B.1    Bardaji, I.2    Rapun, M.3
  • 27
    • 0345510809 scopus 로고
    • Statistical analysis of cointegration vectors
    • Johansen, S., 1988. Statistical analysis of cointegration vectors. J. Econ. Dynam. Control 2, 424 438.
    • (1988) J. Econ. Dynam. Control , vol.2 , pp. 424-438
    • Johansen, S.1
  • 28
    • 0000296390 scopus 로고    scopus 로고
    • Cointegration analysis in the presence of structural breaks in the deterministic trend
    • Johansen, S., Mosconi, R., Nielsen, B., 2000. Cointegration analysis in the presence of structural breaks in the deterministic trend. Econometrics J. 3, 216 249.
    • (2000) Econometrics J. , vol.3 , pp. 216-249
    • Johansen, S.1    Mosconi, R.2    Nielsen, B.3
  • 29
    • 0013165590 scopus 로고    scopus 로고
    • Indicative measures of health risk information on fat and cholesterol for U.S. and Japanese consumers
    • Kim, S.R., Chern, W.S., 1997. Indicative measures of health risk information on fat and cholesterol for U.S. and Japanese consumers. Consumer Interests Annual 43, 84 89.
    • (1997) Consumer Interests Annual , vol.43 , pp. 84-89
    • Kim, S.R.1    Chern, W.S.2
  • 31
    • 34247480179 scopus 로고
    • Testing the null hypothesis of stationarity against the alternative of a unit root: How sure are we that economic time series have a unit root?
    • Kwiatkowski, D., Phillips, C.B., Schmidt, P., Shin, Y., 1992. Testing the null hypothesis of stationarity against the alternative of a unit root: How sure are we that economic time series have a unit root? J. Econometrics 54, 159 178.
    • (1992) J. Econometrics , vol.54 , pp. 159-178
    • Kwiatkowski, D.1    Phillips, C.B.2    Schmidt, P.3    Shin, Y.4
  • 32
    • 74349108818 scopus 로고    scopus 로고
    • Paper presented at the American Agricultural Economics Association Meetings, Providence. 24-27 July 2005. Rhode Island
    • Livanis, G., Moss, C.B., 2005. Price transmission and food scares in the U.S. beef sector. Paper presented at the American Agricultural Economics Association Meetings, Providence 24-27 July 2005, Rhode Island.
    • (2005) Price Transmission and Food Scares in the U.S. Beef Sector
    • Livanis, G.1    Moss, C.B.2
  • 33
    • 0035164111 scopus 로고    scopus 로고
    • The impact of food scares on price adjustment in the UK beef market
    • Lloyd, T., McCorriston, S., Morgan, C.W., Rayner, A.J., 2001. The impact of food scares on price adjustment in the UK beef market. Agr. Econ. 25, 347 357.
    • (2001) Agr. Econ. , vol.25 , pp. 347-357
    • Lloyd, T.1    McCorriston, S.2    Morgan, C.W.3    Rayner, A.J.4
  • 36
    • 33746252978 scopus 로고    scopus 로고
    • No news is good news: Stochastic parameters versus media coverage indices in demand models after food scares
    • Mazzocchi, M., 2006. No news is good news: Stochastic parameters versus media coverage indices in demand models after food scares. Amer. J. Agr. Econ. 88, 727 741.
    • (2006) Amer. J. Agr. Econ. , vol.88 , pp. 727-741
    • Mazzocchi, M.1
  • 37
    • 74349115548 scopus 로고    scopus 로고
    • Ministerio de la Presidencia. Accessed February 2009. Available at
    • Ministerio de la Presidencia, 2009. Disposiciones generales. Accessed February 2009. Available at http://www.boe.es/boe/dias/2000/12/23/pdfs/A45550- 45565.pdf.
    • (2009) Disposiciones Generales
  • 38
    • 74349101540 scopus 로고    scopus 로고
    • Ministerio de Medio Ambiente y Medio Rural y Marino. Accessed May 2007. Available at
    • Ministerio de Medio Ambiente y Medio Rural y Marino, 2005. Sacrificio Total de Ganado Bovino. Accessed May 2007. Available at http://www.mapa.es/ estadistica/pags/sacrificio/bovino2005.xls.
    • (2005) Sacrificio Total de Ganado Bovino
  • 39
    • 74349122414 scopus 로고    scopus 로고
    • Ministerio de Medio Ambiente y Medio Rural y Marino. Accessed March 2009. Available at
    • Ministerio de Medio Ambiente y Medio Rural y Marino, 2006. Evolución Macromagnitudes Agrarias 1990-2006. Accessed March 2009. Available at http://www.mapa.es/estadistica/pags/macromagnitudes/CEA-Resultados- Nacionales-1990-2006-enero-2007.xls.
    • (2006) Evolución Macromagnitudes Agrarias 1990-2006
  • 40
    • 0000740753 scopus 로고
    • Modeling the pattern of structural change in U.S. meat demand
    • Moschini, G., Meilke, K.D., 1989. Modeling the pattern of structural change in U.S. meat demand. Amer. J. Agr. Econ. 71, 253 262.
    • (1989) Amer. J. Agr. Econ. , vol.71 , pp. 253-262
    • Moschini, G.1    Meilke, K.D.2
  • 41
    • 0031541876 scopus 로고    scopus 로고
    • Nonlinear aspects of goods-market arbitrage and adjustment: Heckscher's commodity points revisited
    • Obstfeld, M., Taylor, A.M., 1997. Nonlinear aspects of goods-market arbitrage and adjustment: Heckscher's commodity points revisited. J. Japanese Int. Econ. 11, 441 479.
    • (1997) J. Japanese Int. Econ. , vol.11 , pp. 441-479
    • Obstfeld, M.1    Taylor, A.M.2
  • 42
    • 0033853072 scopus 로고    scopus 로고
    • Prices rise faster than they fall
    • Peltzman, S., 2000. Prices rise faster than they fall. J. Polit. Economy 108, 466 502.
    • (2000) J. Polit. Economy , vol.108 , pp. 466-502
    • Peltzman, S.1
  • 43
    • 1342288804 scopus 로고    scopus 로고
    • Does food safety information impact U.S. meat demand?
    • Piggott, N.E., Marsh, T.L., 2004. Does food safety information impact U.S. meat demand? Amer. J. Agr. Econ. 86, 154 174.
    • (2004) Amer. J. Agr. Econ. , vol.86 , pp. 154-174
    • Piggott, N.E.1    Marsh, T.L.2
  • 44
    • 0042233737 scopus 로고    scopus 로고
    • Price transmission, BSE and structural breaks in the UK meat sector
    • Sanjuán, A.I., Dawson, P.L., 2003. Price transmission, BSE and structural breaks in the UK meat sector. Europ. Rev. Agr. Econ. 30, 155 172.
    • (2003) Europ. Rev. Agr. Econ. , vol.30 , pp. 155-172
    • Sanjuán, A.I.1    Dawson, P.L.2
  • 45
    • 0347022684 scopus 로고    scopus 로고
    • Price transmission and asymmetric adjustment in the Spanish dairy sector
    • Serra, T., Goodwin, B.K., 2003. Price transmission and asymmetric adjustment in the Spanish dairy sector. Appl. Econ. 35, 1889 1899.
    • (2003) Appl. Econ. , vol.35 , pp. 1889-1899
    • Serra, T.1    Goodwin, B.K.2
  • 46
    • 2542422262 scopus 로고    scopus 로고
    • Regional integration of nineteenth century U.S. egg markets
    • Serra, T., Goodwin, B.K., 2004. Regional integration of nineteenth century U.S. egg markets. J. Agr. Econ. 55, 59 74.
    • (2004) J. Agr. Econ. , vol.55 , pp. 59-74
    • Serra, T.1    Goodwin, B.K.2
  • 47
    • 33748808417 scopus 로고    scopus 로고
    • Local polynomial fitting and spatial price relationship: Price transmission in EU pork markets
    • Serra, T., Gil, J.M., Goodwin, B.K., 2006. Local polynomial fitting and spatial price relationship: Price transmission in EU pork markets. Europ. Rev. Agr. Econ. 33, 415 436.
    • (2006) Europ. Rev. Agr. Econ. , vol.33 , pp. 415-436
    • Serra, T.1    Gil, J.M.2    Goodwin, B.K.3
  • 48
    • 84959743234 scopus 로고
    • Sales loss determination in food contamination incidents: An application to milk bans in Hawaii
    • Smith, M.E., Raavensway, E.O., Thompson, S.R., 1988. Sales loss determination in food contamination incidents: An application to milk bans in Hawaii. Amer. J. Agr. Econ. 70, 513 520.
    • (1988) Amer. J. Agr. Econ. , vol.70 , pp. 513-520
    • Smith, M.E.1    Raavensway, E.O.2    Thompson, S.R.3
  • 49
    • 0002627237 scopus 로고
    • On a threshold model
    • Chen, C.H. Ed. Sijhoff and Noonhoff. Amsterdam
    • Tong, H., 1978 On a threshold model In : Chen, C.H. (Ed. Pattern Recognition and Signal Processing. Sijhoff and Noonhoff, Amsterdam, 101 141.
    • (1978) Pattern Recognition and Signal Processing , pp. 101-141
    • Tong, H.1
  • 50
    • 84950428199 scopus 로고
    • Testing and modeling threshold autoregressive processes
    • Tsay, R., 1989. Testing and modeling threshold autoregressive processes. J. Amer. Statistical Assoc. 84, 231 240.
    • (1989) J. Amer. Statistical Assoc. , vol.84 , pp. 231-240
    • Tsay, R.1
  • 51
    • 0032372237 scopus 로고    scopus 로고
    • Estimating asymmetric price transmission with the error correction representation: An application to the German pork market
    • Von Cramon-Taubadel, S., 1998. Estimating asymmetric price transmission with the error correction representation: An application to the German pork market. Europ. Rev. Agr. Econ. 25, 1 18.
    • (1998) Europ. Rev. Agr. Econ. , vol.25 , pp. 1-18
    • Von Cramon-Taubadel, S.1
  • 52
    • 31344432206 scopus 로고    scopus 로고
    • Comparison of Akaike information criterion (AIC) and Bayesian information criterion (BIC) in selection of stock-recruitment relationships
    • Wang, Y., Liu, Q., 2006. Comparison of Akaike information criterion (AIC) and Bayesian information criterion (BIC) in selection of stock-recruitment relationships. Fish. Res. 77, 220 225.
    • (2006) Fish. Res. , vol.77 , pp. 220-225
    • Wang, Y.1    Liu, Q.2
  • 53
    • 84890181033 scopus 로고
    • Asymmetry in retail, wholesale and shipping point pricing for fresh vegetables
    • Ward, R.W., 1982. Asymmetry in retail, wholesale and shipping point pricing for fresh vegetables. Amer. J. Agr. Econ. 62, 205 212.
    • (1982) Amer. J. Agr. Econ. , vol.62 , pp. 205-212
    • Ward, R.W.1
  • 55
    • 84959742156 scopus 로고
    • Positive measures of aggregate supply elasticities: Some new approaches-some critical notes
    • Wolffram, R., 1971. Positive measures of aggregate supply elasticities: Some new approaches-some critical notes. Amer. J. Agr. Econ. 53, 356 390.
    • (1971) Amer. J. Agr. Econ. , vol.53 , pp. 356-390
    • Wolffram, R.1
  • 56
    • 84861771707 scopus 로고    scopus 로고
    • World Organization for Animal Health. Accessed March 2009. Available at
    • World Organization for Animal Health, 2009. World Animal Health Situation Dataset. Accessed March 2009. Available at http://www.oie.int/eng/info/en- esbmonde.htm.
    • (2009) World Animal Health Situation Dataset


* 이 정보는 Elsevier사의 SCOPUS DB에서 KISTI가 분석하여 추출한 것입니다.