About: The Price Transmission in Pork Meat Agri-Food Chain

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rdf:type	skos:Concept http://linked.opendata.cz/ontology/domain/vavai/Vysledek
Description	The paper deals with the analysis of price transmission in pork meat agri-food chain. The analysis is aimed at the determination of the type of market structure in the chain based on the derived theoretical model and fitted reduced model of price transmission in the form of VECM. Then, impulse-response analysis and decomposition of variance of fitted VECM show the system’s reaction to innovations and the interaction between variables for longer forecast horizons. The results imply that processing stage may exercise oligopsonic power, i.e. the market structure has the type of oligopsony. Impulse-response analysis shows that the system approaches relatively fast the equilibrium and all responses are positive. Moreover, decomposition of variance informs about the increasing role of the wholesale price in the explanation of forecast error variance of agricultural price. Then, it follows from obtained results (among other) that the pork meat agri-food chain may be characterised as demand-driven. The type The paper deals with the analysis of price transmission in pork meat agri-food chain. The analysis is aimed at the determination of the type of market structure in the chain based on the derived theoretical model and fitted reduced model of price transmission in the form of VECM. Then, impulse-response analysis and decomposition of variance of fitted VECM show the system’s reaction to innovations and the interaction between variables for longer forecast horizons. The results imply that processing stage may exercise oligopsonic power, i.e. the market structure has the type of oligopsony. Impulse-response analysis shows that the system approaches relatively fast the equilibrium and all responses are positive. Moreover, decomposition of variance informs about the increasing role of the wholesale price in the explanation of forecast error variance of agricultural price. Then, it follows from obtained results (among other) that the pork meat agri-food chain may be characterised as demand-driven. The type (en)
Title	The Price Transmission in Pork Meat Agri-Food Chain The Price Transmission in Pork Meat Agri-Food Chain (en)
skos:prefLabel	The Price Transmission in Pork Meat Agri-Food Chain The Price Transmission in Pork Meat Agri-Food Chain (en)
skos:notation	RIV/60460709:41110/08:25801!RIV10-MSM-41110___
http://linked.open...avai/riv/aktivita	Z
http://linked.open...avai/riv/aktivity	Z(MSM6046070906)
http://linked.open...iv/cisloPeriodika	2
http://linked.open...vai/riv/dodaniDat	2010
http://linked.open...aciTvurceVysledku	Čechura, Lukáš Rumánková, Lenka
http://linked.open.../riv/druhVysledku	J - Článek v odborném periodiku
http://linked.open...iv/duvernostUdaju	S - Úplné a pravdivé údaje nepodléhající ochraně podle zvláštních právních předpisů
http://linked.open...titaPredkladatele	Česká zemědělská univerzita v Praze / Provozně ekonomická fakulta
http://linked.open...dnocenehoVysledku	389237
http://linked.open...ai/riv/idVysledku	RIV/60460709:41110/08:25801
http://linked.open...riv/jazykVysledku	eng - angličtina
http://linked.open.../riv/klicovaSlova	price transmission, pork meat, agri-food chain, market structure, farmer, processing industry. (en)
http://linked.open.../riv/klicoveSlovo	farmer pork meat processing industry. price transmission agri-food chain market structure
http://linked.open...odStatuVydavatele	CZ - Česká republika
http://linked.open...ontrolniKodProRIV	[F8E46A6D3DA4]
http://linked.open...i/riv/nazevZdroje	Agricultural Economics (Zemědělská ekonomika)
http://linked.open...in/vavai/riv/obor	GA
http://linked.open...ichTvurcuVysledku	2 (xsd:int)
http://linked.open...cetTvurcuVysledku	2 (xsd:int)
http://linked.open...UplatneniVysledku	2008
http://linked.open...v/svazekPeriodika	54
http://linked.open...iv/tvurceVysledku	Čechura, Lukáš Šobrová, Lenka
http://linked.open...n/vavai/riv/zamer	conomics of Czech agriculture resources and their efficient use in frame of multifunctional agri-food systems
issn	0139-570X
number of pages	8 (xsd:int)
http://localhost/t...ganizacniJednotka	41110

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