Poultry-Related Price Transmissions and Structural Change Since the 1950's
Poultry-Related Price Transmissions and Structural Change Since the 1950's
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20 世纪 50 年代以来与家禽相关的价格传导和结构变化
DOI：
10.22004/ag.econ.139018
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发表时间：
1990
期刊：
影响因子：
--
通讯作者：
G. Schluter
中科院分区：
文献类型：
--
作者：
R. Babula;D. Bessler;G. Schluter
本文采用向量自回归分析方法，对两个时期的玉米价格、家禽价格和禽肉(肉)消费价格进行了分析，这两个时期分别是1950年S中期至1960年S时期和1970年S初期至1980年S时期。我们探索了这两个时期估计价格传导模型的动态方面。有统计学意义的证据表明，这两个时期之间价格传导的动态发生了变化。随着价格上涨，玉米生产受到的价格上涨冲击现在更有可能更快地转嫁给消费者。证据还表明，自早期以来，玉米已经成为解释家禽价格的越来越重要的因素，家禽行业在零售层面发生了重大的市场变化。
We use a vector autoregression analysis of corn price, farm poultry price, and consumer poultry (meat) price for two periods, a mid-1950's to late 1960's period and an early 1970's to mid-1980's period. We explored the dynamic aspects of the estimated price transmission models of these two periods. Statistically significant evidence suggests a change in the dynamics of these price transmissions between the two periods. Price-increasing shocks to corn production are now more likely to be passed on to consumers more quickly as prices increase. Evidence also suggests that, since the early period, corn has become an increasingly important factor in explaining poultry prices, and substantial market change has occurred in the poultry industry at the retail level.