Jump to ContentJump to Main Navigation
Food Price Dynamics and Price Adjustment in the EU$
Users without a subscription are not able to see the full content.

Steve McCorriston

Print publication date: 2015

Print ISBN-13: 9780198732396

Published to Oxford Scholarship Online: November 2015

DOI: 10.1093/acprof:oso/9780198732396.001.0001

Show Summary Details
Page of

PRINTED FROM OXFORD SCHOLARSHIP ONLINE (www.oxfordscholarship.com). (c) Copyright Oxford University Press, 2019. All Rights Reserved. An individual user may print out a PDF of a single chapter of a monograph in OSO for personal use. date: 22 November 2019

Overview of Price Transmission and Reasons for Different Adjustment Patterns across EU Member States

Overview of Price Transmission and Reasons for Different Adjustment Patterns across EU Member States

Chapter:
(p.51) Chapter 3 Overview of Price Transmission and Reasons for Different Adjustment Patterns across EU Member States
Source:
Food Price Dynamics and Price Adjustment in the EU
Author(s):

Islam Hassouneh

Carsten Holst

Teresa Serra

Stephan von Cramon-Taubadel

José M. Gil

Publisher:
Oxford University Press
DOI:10.1093/acprof:oso/9780198732396.003.0003

This chapter characterizes price transmission processes along a wide range of different food marketing chains within the European Union (EU) and explains the differences and/or the similarities that exist between them. Results demonstrate the occurrence of symmetric price adjustment in two-thirds of the markets considered. Producer prices are found to adjust more rapidly to long-run disequilibrium than do consumer prices. The production share within the EU, the export and production specialization ratios of each country, the relevance of vertical contracts within the chain, and the perishability of the given food product are found to affect price adjustments along the food marketing chain.

Keywords:   price adjustment, food marketing chains, vertical contracts, specialization ratios

Oxford Scholarship Online requires a subscription or purchase to access the full text of books within the service. Public users can however freely search the site and view the abstracts and keywords for each book and chapter.

Please, subscribe or login to access full text content.

If you think you should have access to this title, please contact your librarian.

To troubleshoot, please check our FAQs , and if you can't find the answer there, please contact us .