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Statements

Subject Item
n2:RIV%2F60460709%3A41110%2F08%3A25801%21RIV10-MSM-41110___
rdf:type
n10:Vysledek skos:Concept
dcterms: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
dcterms:title
The Price Transmission in Pork Meat Agri-Food Chain The Price Transmission in Pork Meat Agri-Food Chain
skos:prefLabel
The Price Transmission in Pork Meat Agri-Food Chain The Price Transmission in Pork Meat Agri-Food Chain
skos:notation
RIV/60460709:41110/08:25801!RIV10-MSM-41110___
n6:aktivita
n17:Z
n6:aktivity
Z(MSM6046070906)
n6:cisloPeriodika
2
n6:dodaniDat
n13:2010
n6:domaciTvurceVysledku
n11:3997278 n11:1830287
n6:druhVysledku
n14:J
n6:duvernostUdaju
n15:S
n6:entitaPredkladatele
n18:predkladatel
n6:idSjednocenehoVysledku
389237
n6:idVysledku
RIV/60460709:41110/08:25801
n6:jazykVysledku
n7:eng
n6:klicovaSlova
price transmission, pork meat, agri-food chain, market structure, farmer, processing industry.
n6:klicoveSlovo
n9:market%20structure n9:pork%20meat n9:price%20transmission n9:processing%20industry. n9:farmer n9:agri-food%20chain
n6:kodStatuVydavatele
CZ - Česká republika
n6:kontrolniKodProRIV
[F8E46A6D3DA4]
n6:nazevZdroje
Agricultural Economics (Zemědělská ekonomika)
n6:obor
n12:GA
n6:pocetDomacichTvurcuVysledku
2
n6:pocetTvurcuVysledku
2
n6:rokUplatneniVysledku
n13:2008
n6:svazekPeriodika
54
n6:tvurceVysledku
Šobrová, Lenka Čechura, Lukáš
n6:zamer
n16:MSM6046070906
s:issn
0139-570X
s:numberOfPages
8
n5:organizacniJednotka
41110