Santeramo, Fabio Gaetano and Cioffi, Antonio (2010): Spatial price dynamics in the EU F&V sector: the cases of tomato and cauliflower.
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The paper explores the characteristics of spatial price dynamics for fresh vegetables. The analysis is carried out on selected EU prices for tomatoes and cauliflowers collected on some of the main production and consumption markets. It is based on the estimation of an time-varying threshold autoregressive econometric specification that is shown capable to underline the asymmetries in inter-Countries price transmission. The model shows that that horizontal price transmissions among net producer and net consumer markets is asymmetric and how such characteristic differs for markets closer to production areas or to consumption locations. This paper allowed to assess the average elapsing time for shocks to be transmitted among spatially separated markets, and, in particular, it shows the speed of transmission of price raises and price falls.
|Item Type:||MPRA Paper|
|Original Title:||Spatial price dynamics in the EU F&V sector: the cases of tomato and cauliflower|
|English Title:||Spatial price dynamics in the EU F&V sector: the cases of tomato and cauliflower|
|Keywords:||price transmission, TVECM, vegetables|
|Subjects:||C - Mathematical and Quantitative Methods > C3 - Multiple or Simultaneous Equation Models; Multiple Variables > C32 - Time-Series Models; Dynamic Quantile Regressions; Dynamic Treatment Effect Models
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q1 - Agriculture > Q11 - Aggregate Supply and Demand Analysis; Prices
Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q1 - Agriculture > Q17 - Agriculture in International Trade
|Depositing User:||Fabio Gaetano Santeramo|
|Date Deposited:||14. Sep 2010 01:33|
|Last Modified:||11. Feb 2013 20:24|
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