scholarly journals Asymmetry in Farm‐Retail Price Transmission for Major Dairy Products

1987 ◽  
Vol 69 (2) ◽  
pp. 285-292 ◽  
Author(s):  
Henry W. Kinnucan ◽  
Olan D. Forker
Keyword(s):  
Dairy Products ◽  
Retail Price ◽  
Price Transmission

Asymmetric farm–retail price transmission and market power: a new test

2011 ◽  
Vol 43 (30) ◽  
pp. 4759-4768 ◽  
Author(s):  
Ram N. Acharya ◽  
Henry W. Kinnucan ◽  
Steven B. Caudill
Keyword(s):  
Market Power ◽  
Retail Price ◽  
Price Transmission

scholarly journals Optimal Policies for Deteriorating Items with Maximum Lifetime and Two-Level Trade Credits

2014 ◽  
Vol 2014 ◽  
pp. 1-5 ◽  
Author(s):  
Nita H. Shah ◽  
Dushyantkumar G. Patel ◽  
Digeshkumar B. Shah
Keyword(s):  
Dairy Products ◽  
Retail Price ◽  
Credit Period ◽  
Maximum Lifetime ◽  
Constant Rate ◽  
Optimal Policies ◽  
Trade Credits ◽  
Total Profit ◽  
Fixed Lifetime ◽  
Purchase Quantity

The retailer’s optimal policies are developed when the product has fixed lifetime and also the units in inventory are subject to deterioration at a constant rate. This study will be mainly applicable to pharmaceuticals, drugs, beverages, and dairy products, and so forth. To boost the demand, offering a credit period is considered as the promotional tool. The retailer passes credit period to the buyers which is received from the supplier. The objective is to maximize the total profit per unit time of the retailer with respect to optimal retail price of an item and purchase quantity during the optimal cycle time. The concavity of the total profit per unit time is exhibited using inventory parametric values. The sensitivity analysis is carried out to advise the decision maker to keep an eye on critical inventory parameters.

scholarly journals Analysis of economic issues relating to the dairy sector, with emphasis on price transmission

2008 ◽  
Vol 2 (1-2) ◽  
pp. 61-70
Author(s):  
Péter András Popovics
Keyword(s):  
Dairy Products ◽  
Price Transmission ◽  
Vertical Coordination ◽  
Cross Sectional ◽  
Advantages And Disadvantages ◽  
Dramatic Decline ◽  
Symmetry Relations ◽  
The Relationship ◽  
Milk And Dairy Products ◽  
The Eu

The dramatic decline in consumption after 1990 was an important problem during the analysis of the sector. Even today, consumption is still below the degree that was before the political change, and significantly lags behind the EU level.The importance of this topic is emphasized by the fact that surplus milk could be marketed through the increased domestic consumption; this would create a more stable and calculable situation for farmers. Therefore, I considered it important to reveal what factors and by what shares influence the consumption of milk and dairy products. The relationship, time series and cross-sectional analysis based on national and international databases demonstrate the relationship between the consumption of milk and dairy products and the other determining factors of consumption in Hungary and in the EU-25 through diagrams. I draw the conclusion that there is a medium correlation between the development of the economy, the higher income level and the consumption of milk and dairy products. Just before our EU accession, the dairy sector was one of the most critical industries of Hungarian agriculture, which is why I chose this for my analysis. I regard as a new scientific result the econometric analysis of the asymmetric market conditions in the price transmission approach within our dairy sector between 1995 and 2003. I confirmed and quantified that the market is under an oligopoly and defined the direction of price adjustment. Furthermore, I regard as a new result in the price transmission analysis (also published in the article published with Dr. József Tóth), that the three possible dimensions (elasticity, a symmetry relations,lag) are analysed simultaneously.Therefore,a more sophisticated picture is given on price transmission. The theoretical advantages and disadvantages are verified by an example of a vertical coordination based on the horizontal cooperation in the dairy sector (Alföldi Tej Ltd).

Theoretical Restrictions on Farm-Retail Price Transmission Elasticities: A Note

Agribusiness ◽  
2013 ◽  
Vol 30 (3) ◽  
pp. 278-289 ◽  
Author(s):  
Henry W. Kinnucan ◽  
Omer Tadjion
Keyword(s):  
Retail Price ◽  
Price Transmission ◽  
On Farm

Asymmetry in farm to retail price transmission: Evidence from Brazil

Agribusiness ◽  
2002 ◽  
Vol 18 (1) ◽  
pp. 37-48 ◽  
Author(s):  
Danilo R. D. Aguiar ◽  
Josana A. Santana
Keyword(s):  
Retail Price ◽  
Price Transmission
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