Price transmission and relationships between agri-food value chains in Australia and Colombia

Title
Price transmission and relationships between agri-food value chains in Australia and Colombia
Publication Date
2014
Author(s)
Morales, L Emilio
( author )
OrcID: https://orcid.org/0000-0001-6935-9634
Email: lmorales@une.edu.au
UNE Id une-id:lmorales
Hoang, Nam
( author )
OrcID: https://orcid.org/0000-0003-2938-1209
Email: nhoang3@une.edu.au
UNE Id une-id:nhoang3
Griffith, Garry
( author )
OrcID: https://orcid.org/0000-0002-5276-6222
Email: ggriffit@une.edu.au
UNE Id une-id:ggriffit
Salomon, Selecao
Type of document
Conference Publication
Language
en
Entity Type
Publication
Publisher
Australian Agricultural and Resource Economics Society (AARES)
Place of publication
Australia
UNE publication id
une:16164
Abstract
Sharp fluctuations in agricultural prices have raised questions about asymmetry in vertical price transmissions in agri-food value chains. Farmer and export prices of banana, beef cattle and sugar cane for Australia and Colombia for the period from 1970 to 2010 were analysed, with results indicating cointegration between farmer and export prices in both countries, with the exception of sugar cane in Colombia. Asymmetric error correction models for each value chain identified vertical price transmission, relationships between farmer prices of related value chains in both countries and asymmetries in price transmission, where positive price shocks are more quickly transmitted to farmers.
Link
Citation
Australian Agricultural and Resource Economics Society 58th Annual Conference Handbook, p. 58-58
Start page
58
End page
58

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