BARAHONA, Jorge Fidel; TREJOS, Bernardo; LEE, Jai Wei; … - In: Asian Journal of Empirical Research 3 (2013) 7, pp. 851-859
This study investigates price transmission symmetry in the artisan dairy industry of Honduras. The data employed … transmission. Results also suggest that, regardless of the type of dairy product, artisan dairy producers will adjust more quickly … when milk prices increase than when they decrease. Artisan dairy producers operate under low profit margins, so they will …