On Perishability and Vertical Price Transmission: empirical evidences from Italy

Santeramo, Fabio Gaetano and von Cramon-Taubadel, Stephan (2016): On Perishability and Vertical Price Transmission: empirical evidences from Italy. Forthcoming in: Bio Based Applied Economics No. 2

Abstract

Studies on the causes for asymmetries in vertical price transmission date back to decades ago, but the attention of theorists and empirical economists is still vivid. In particular the role of perishability is not fully defined. We investigate the vertical price transmission for a heterogeneous group of fruits and vegetables that differ for their degree of perishability. The error correction model we estimate allows toconclude that asymmetries in vertical price transmission tend to vanish for perishable products.

• Item Type: MPRA Paper
• Language: English
• Keywords: Asymmetries, AVECM, Fruits and vegetables, Perishability, Vertical price transmission.
• 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 ; Diffusion Processes ; State Space Models; D - Microeconomics > D4 - Market Structure, Pricing, and Design > D40 - General; 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 > Q13 - Agricultural Markets and Marketing ; Cooperatives ; Agribusiness

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