期刊名称：Journal of Agricultural and Resource Economics
印刷版ISSN：1068-5502
出版年度：2015
卷号：40
期号：3
页码：405-424
出版社：WAEA
摘要：This paper investigates the asymmetry of price transmission in the marketing chain of shippingpoints and terminal markets for fresh fruits in the western United States. To preserve thedistinct price patterns related to product perishability, we use data constructed at a fine timescale and representing the vertical markets linked with shipments. Using a decade of weeklydata, we estimate the autoregressive distributed lag price transmission model and derive thedynamic multiplier effects of price responses. Our results indicate that the price adjustmentsand asymmetry patterns are closely related to product characteristics, especially the intensity ofproduct perishability.
