Detecting Asymmetric Price Transmission with Consistent Threshold along the Fish Supply Chain

Canadian Journal of Agricultural Economics

Volumn 61, Issue 1, 2013, Pages 37-60

  Simioni, Michel ^a   Gonzales, Frédéric ^b   Guillotreau, Patrice ^c   Le Grel, Laurent ^c  

^a TOULOUSE SCHOOL OF ECONOMICS   (France)

^b OECD   (France)

^c UNIVERSITÉ DE NANTES   (France)

Author keywords

[No Author keywords available]

Indexed keywords

EID: 84874116861     PISSN: 00083976     EISSN: 17447976     Source Type: Journal    
DOI: 10.1111/j.1744-7976.2012.01257.x     Document Type: Article

References (36)

1. Abdulai, A. 2002. Using threshold cointegration to estimate asymmetric price transmission in the Swiss pork market. Applied Economics 34: 679-87.
2. Anderson, J. L. 2002. Aquaculture and the future: Why fisheries economists should care. Marine Resource Economics 17: 133-51.
3. Asche, F., O. Flaaten, J. R. Isaksen and T. Vassdal. 2002. Derived demand and relationships between prices at different levels in the value chain; a note. Journal of Agricultural Economics 53 (1): 101-107.
4. Asche, F. and F. Steen. 2006. When anti-dumping measures lead to increased market power: A case study of the European salmon market. CEPR Discussion Paper No. 5781. London : Centre for Economic Policy Research.
5. Azzam, A. M. 1999. Asymmetry and rigidity in farm-retail price transmission. American Journal of Agricultural Economics 59: 570-72.
6. Bailey, D. and B. W. Brorsen. 1989. Price asymmetry in spatial fed cattle markets. Western Journal of Agricultural Economics 14: 246-52.
7. Boswijk, H. P. and J.-P. Urbain. 1997. Lagrange-multiplier tests for weak exogeneity: A synthesis. Econometric Reviews 16: 21-38.
8. Brorsen, B. W., J.-P. Chavas, W. R. Grant and L. D. Schnake. 1985. Marketing margins and price uncertainty: The case of the US wheat market. American Journal of Agricultural Economics 67: 521-28.
9. Carlton, D. W. 1989. The theory and the facts of how markets clear: Is industrial organization valuable for understanding macroeconomics? In Handbook of Industrial Organization, Vol. 1, edited by R. Schmalensee and R. Willig, pp. 909-46. Amsterdam : North-Holland Press.
10. Chan, K. S. 1993. Consistency and limiting distribution of the least squares estimator of a threshold autoregressive model. The Annals of Statistics 21: 520-33.
11. 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.
12. Dickey, D. A. and W. A. Fuller. 1979. Distribution of the estimators for autoregressive time series with a unit root. Journal of the American Statistical Association 74 (366): 427-31.
13. Dickey, D. A. and W. A. Fuller. 1981. Likelihood ratio statistics for autoregressive time series with a unit root. Econometrica 49 (4): 1057-72.
14. Eckert, A. 2002. Retail price cycles and response asymmetry. Canadian Journal of Economics 35 (1): 52-77.
15. Elliott, G., T. J. Rothenberg and J. H. Stock. 1996. Efficient tests for an autoregressive unit root. Econometrica 64: 813-36.
16. Enders, W. and C. W. J. Granger. 1998. Unit-root tests and asymmetric adjustment with an example using the term structure of interest rates. Journal of Business and Economic Statistics 16: 304-21.
17. Enders, W. and P. L. Siklos. 2001. Cointegration and threshold adjustment. Journal of Business and Economic Statistics 19: 166-76.
18. Engle, R. F. and C. W. J. Granger. 1987. Co-integration and error correction: Representation, estimation and testing. Econometrica 55 (2): 251-76.
19. Frey, G. and M. Manera. 2007. Econometric models of asymmetric price transmission, Journal of Economic Surveys 21 (2): 349-415.
20. Griffith, G. R. and N. E. Piggott. 1994. Asymmetry in beef, lamb and pork retail price transmission in Australia. Agricultural Economics 10: 307-16.
21. Guillotreau, P. ( ed. ) 2003. Prices and Margins Along the European Seafood Value Chain. Cahiers de l'Artemis 4 : University of Nantes.
22. Guillotreau, P., L. Le Grel and M. Simioni. 2005. Price-cost margins and structural change: Sub-contracting within the salmon marketing chain. Review of Development Economics 9 (4): 581-97.
23. Hall, A. 1994. Testing for a unit root in time series with pretest data-based model selection. Journal of Economic and Business Statistics 12: 461-70.
24. Heien, D. M. 1980. Markup pricing in a dynamic model of the food industry. American Journal of Agricultural Economics 62: 11-18.
25. Houck, J. P. 1977. An approach to specifying and estimating non reversible functions. American Journal of Agricultural Economics 59: 570-72.
26. Jaffry, S. 2004. Asymmetric price transmission: A case study of the French Hake value chain, Marine Resource Economics 19 (4): 511-24
27. Kinnucan, H. W. and O. D. Forker. 1987. Asymmetry in farm retail price transmission for major dairy products. American Journal of Agricultural Economics 69: 285-92.
28. Le Grel, L., F. Asche, J. Cruz Filipe, F. Guia, P. Guillotreau, J. Setälä, K. Saarni, A. Honkanen and J. Virtanen. 2003. Empirical effects of EU regulations on trade and production of fishery products. In Prices and Margins along the Seafood Value Chain, edited by P. Guillotreau, pp. 135-63. Cahiers de l'Artemis 4: University of Nantes.
29. Meyer, J. and S. von Cramon-Taubadel. 2004. Asymmetric price transmission: A survey. Journal of Agricultural Economics 55 (3): 581-611.
30. Peltzman, S. 2000. Prices rise faster than they fall. Journal of Political Economy 108 (3): 466-502.
31. Schwert, G. W. 1989. Tests for a unit roots: A Monte-Carlo investigation. Journal of Economic and Business Statistics 7: 147-49.
32. Ward, R. W. 1982. Asymmetry in retail, wholesale, and shipping price point pricing for fresh vegetables. American Journal of Agricultural Economics 64: 205-12.
33. Wolffram, R. 1971. Positivistic measures of aggregate supply elasticities: Some new approaches-some critical notes. American Journal of Agricultural Economics 53: 342-52.
34. Wohlgenant, M. K. 1985. Competitive storage, rational expectations and short run food price determination. American Journal of Agricultural Economics 67: 739-48.
35. Wohlgenant, M. K. 2001. Marketing margins: Empirical analysis. In Handbook of Agricultural Economics, Vol. 1B, edited by B. L. Gardner, L. Bruce and G. C. Rausser, pp. 933-70. Amsterdam : North Holland Press.
36. Worth, T. 1999. The F.O.B.-retail price relationship for selected fresh vegetables. Vegetables and Specialties 279: 26-31.