期刊
AGRICULTURAL ECONOMICS
卷 46, 期 6, 页码 729-737出版社
WILEY
DOI: 10.1111/agec.12188
关键词
Price transmission; Marketing margin; Market equilibrium; Competition
资金
- Hatch Project [S-1062, ALA011-2-14017]
Perfect farm-retail price transmission sometimes is taken to mean an elasticity of price transmission (EPT) equal to 1. We show that this definition is inconsistent with Gardner's (1975) model. We also show that the absolute marketing margin (defined as the difference between the retail price and farm price) responds differently to shifts in retail demand, input supply, and technical change in the marketers' production function than does the relative marketing margin (defined as the ratio of the retail price to the farm price). The empirical implications of these results are discussed in some detail.
作者
我是这篇论文的作者
点击您的名字以认领此论文并将其添加到您的个人资料中。
推荐
暂无数据