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Asymmetry in Retail, Wholesale, and Shipping Point Pricing for Fresh Vegetables
Abstract
The linkage among retail, wholesale, and shipping point prices for a select group of fresh vegetables is measured using Wolffram's asymmetry model. Procedures for dealing with discontinuous time series are shown, and Granger's causality test is used to show the direction of the price linkage. Wholesale prices are shown to lead both retail and shipping point prices. Asymmetry in the retail‐wholesale response indicates that wholesale price decreases are reflected at the retail more so than are wholesale price increases. Wholesale price decreases are more fully passed through to the shipping point relative to wholesale increases.
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Citations
Cited by
Asymmetric transmission between factory and wholesale prices in fiberboard market in Korea
Ahn, B.-I., & Lee, H. (2013) · Journal of Forest Economics · doi:10.1016/j.jfe.2012.06.008 · Cited by 8
Metadata
- Authors
- Ward, R. W.
- Venue
- American Journal of Agricultural Economics
- Publisher
- Wiley
- Published
- 1982-05
- Volume
- 64
- Issue
- 2
- Pages
- 205-212
- ISSN
- 0002-9092 (ISSN-L)
- 1467-8276
- OpenAlex
- W1970657969
- Cited by
- 332
- References
- 0
- FWCI
- 1.45
- Type
- journal article
- Language
- en
- Open access
- closed
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- Ward, R. W. (1982). Asymmetry in Retail, Wholesale, and Shipping Point Pricing for Fresh Vegetables. American Journal of Agricultural Economics. https://doi.org/10.2307/1241124
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Bibliographic data: Semantic Scholar, OpenAlex, Crossref.
Contains information from the Semantic Scholar Academic Graph Datasets, made available under the ODC Attribution License (ODC-BY 1.0).
Semantic Scholar’s data is described in: Kinney, R., et al. (2023). The Semantic Scholar Open Data Platform. arXiv:2301.10140.