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Analyses of the relationship between imported and other prices in different marketing stages of garlic in Korea
분야 농학 > 농경제
저자 ( Byeong Il Ahn ) , ( Yong Sun Lee )
발행기관 한국농업경제학회
간행물정보 KOREAN JOURNAL OF AGRICULTURAL ECONOMICS(KJAT) 2015년, 제56권 제3호, 239~260쪽(총22쪽)
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연관 논문
Price Spillover Effects across Natural Gas, Oil and Stock Markets in Korea, China and Japan
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영문초록
Present study investigates the causal relationship among the prices in different marketing stages and the magnitudes of the impacts of the price in one marketing stage on the others in order to find an implication for better policy design. Granger-causality tests show retail and wholesale prices Granger-cause producer price. The variance decomposition results suggest that producer price is relatively more exposed to the variations of the prices in other marketing stages. Price transmission test results indicate that asymmetries between producer and retail prices as well as producer and wholesale prices do not exist but the asymmetry between producer and imported prices exists. These estimation results suggest that producer price is significantly affected by other prices.
 
 
marketing stage, causality test, VAR model, variance decomposition, asymmetric price transmission, dynamic multiplier
 
 
도움말
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