Revoredo-Giha, Cesar; Nadolnyak, Denis A.; Fletcher, … - Southern Agricultural Economics Association - SAEA - 2004
Using monthly data, we find evidence of both short- and long-run asymmetry of price transmission from peanut to peanut butter prices. This suggests that the asymmetry is more likely a result of imperfect competition than of competitive profit maximizing inventory management. Effects of producer...