The present work provides evidence that non linear co-integration between Mexico and the US maize prices exists, at country and regional level. The models suggest that Mexican prices adjust at changes in US prices. Despite asymmetry was statistically rejected, it is likely that it might occur...

Data indicate that its domestic price in Indonesia has been increasing regardless of movements in the international price of wheat. A test for asymmetric price transmission from international wheat to domestic wheat flour markets is conducted using an error correction model and find the presence...

We examine the impact of the end of the coffee export quota system (EQS) on internationalto- retail price transmission in France, Germany and the United States, taking into account the existence of long-run threshold effects and short-run price transmission asymmetries (PTAs). We find evidence...

El estudio del fenomeno economico de transmision de precios, asi como de la integracion de mercados ha recibido gran atencion por parte de la comunidad academica, asi como de diversos organizmos gubernamentales y no gubernamentales. Es de particular interes la integracion de los mercados a nivel...

This study investigates price transmission symmetry in the artisan dairy industry of Honduras. The data employed includes monthly prices of fluid milk, quesillo (i.e., a local cheese product with a consistency similar to mozzarella), fresh cheese, and dry cheese between January 1997 and April...

This paper examines the farm-retail price transmission mechanism in the Greek milk market by using monthly data for the period from January 1998 to June 2014. Through this period, the dairy industry underwent significant changes, resulting in increasing concentration in the market for fresh...

This paper analyzes rigidities in the behavior of mark-up on petroleum products in the New York area using a new set of high-frequency data. We use a methodology that accounts both for deterministic and stochastic nature of petrol prices. The results indicate that the adjustment to the long run...

Farm milk prices tend to be volatile. Dairy farmers, industry pundits, and policymakers further tend to react to price volatility with alarm. One point of concern is the response of retail prices. This study investigates farm-to-retail price transmission in the 2000s for whole milk and cheddar...

This paper explores the asymmetries in price transmission from international to local markets. We expect the presence of large intermediaries in agricultural markets to lead to a stronger price transmission when international prices decline than when they rise. The empirical evidence confirms...