Price transmission and market integration: vertical and horizontal price linkages for salmon
Price transmission and market integration: vertical and horizontal price linkages for salmon
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DOI：
10.1080/00036840500486524
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发表时间：
2007-01-01
影响因子：
2.2
通讯作者：
Hartmann, Jessica
中科院分区：
文献类型：
--
作者：
Asche, Frank;Jaffry, Shabbar;Hartmann, Jessica
在测试市场一体化以及分析供应链时，价格之间的关系很重要。一个很少受到关注的特点是，如果两个供应链在某个阶段通过市场整合联系在一起，那么整个供应链就会联系在一起。此外，在这样一个系统中，主导价格可以在一个供应链中，而不会在市场整合研究或单一供应链分析中显示出来。提供了一个实证分析的供应链鲑鱼原产于挪威和英国，然后在法国零售一级出售的熏鲑鱼。我们发现，在供应链和一体化市场中，价格传导的程度很高。
Relationships between prices are of interest when testing for market integration as well as analyses of supply chains. A feature that has received little attention is that if two supply chains are linked by market integration at some stage, then the whole supply chain will be linked. Furthermore, the leading price in such a system can be in one supply chain and will not be revealed in market integration studies or analysis of a single supply chain. An empirical analysis is provided for the supply chains for salmon which originates in Norway and the United Kingdom and is then sold at retail level in France as smoked salmon. We find a high degree of price transmission in both supply chains, as well as integrated markets.