Since 2014
Asymmetric price transmission in the brazilian refined sugar market
Rivista di Economia Agraria
View Archive Info| Field | Value | |
| Title |
Asymmetric price transmission in the brazilian refined sugar market
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| Creator |
Lopes Jacomini, Rafael; CAPES Foundation, Ministry of Education of Brazil, Brasília – DF
Lee Burnquist, Heloisa; Escola Superior de Agricultura “Luiz de Queiroz” - ESALQ Universidade de Sao Paulo |
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| Subject |
refined sugar; prices; asymmetric transmission; market of Sao Paulo; Brazil
C22; C24; Q02; Q13 |
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| Description |
This work evaluates the price relations and transmission patterns between producers and retail in the market for refined sugar in Sao Paulo, Brazil, its direction and magnitude. The results suggest that the transmission of shocks is bidirectional. Formal tests suggest that the symmetry in price transmission from retail to producer cannot be rejected in short and long-run. Therefore, positive and negative exogenous shocks of refined sugar at the retail impact producer’s prices in the same magnitude. From producer to retail prices, the tests confirmed a negative asymmetry in price transmission. It means that a reduction in producer prices has a stronger impact in reducing retail prices than when a positive shock on producer prices is transmitted to increase retail prices.
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| Publisher |
Firenze University Press
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| Contributor |
—
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| Date |
2018-07-03
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| Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — — |
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| Format |
application/pdf
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| Identifier |
http://www.fupress.net/index.php/rea/article/view/23576
http://www.fupress.net/index.php/rea/article/download/23576/21192 10.13128/REA-23576 |
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| Source |
Rivista di Economia Agraria; Vol 73, No 1 (2018); 5-25
Italian Review of Agricultural Economics; Vol 73, No 1 (2018); 5-25 2281-1559 0035-6190 |
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| Language |
eng
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| Relation |
10.13128/REA-23576
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| Rights |
The authors retain all rights to the original work without any restrictions.License for Published ContentsThis work is distribuited with Creative Commons Attribuzione 4.0 Internazionale. You are free to copy, distribute and transmit the work, and to adapt the work. You must attribute the work in the manner specified by the author or licensor (but not in any way that suggests that they endorse you or your use of the work).Licence scheme | Legal codeLicense for MetadataActa published articles metadata are dedicated to the public domain by waiving all publisher's rights to the work worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.You can copy, modify, distribute and perform the work, even for commercial purposes, all without asking permission.Licence scheme | Legal code
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