Asymmetric farm retail price movements in the Malaysian poultry market

The relationship between farm, wholesale, and retail prices provides insight into marketing efficiency including the welfare of both consumers and farmers. Investigating the price transmission process at different levels in the marketing channel is crucial in assessing the market efficiency in poult...

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Main Authors: Sharifuddin, Juwaidah, Mohamed, Zainal Abidin, Ahmed, Abdullahi Farah, Abd. Latif, Ismail
Format: Article
Language:English
Published: Routledge 2013
Online Access:http://psasir.upm.edu.my/id/eprint/29335/
http://psasir.upm.edu.my/id/eprint/29335/1/Asymmetric%20farm%20retail%20price%20movements%20in%20the%20Malaysian%20poultry%20market.pdf
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author Sharifuddin, Juwaidah
Mohamed, Zainal Abidin
Ahmed, Abdullahi Farah
Abd. Latif, Ismail
author_facet Sharifuddin, Juwaidah
Mohamed, Zainal Abidin
Ahmed, Abdullahi Farah
Abd. Latif, Ismail
author_sort Sharifuddin, Juwaidah
building UPM Institutional Repository
collection Online Access
description The relationship between farm, wholesale, and retail prices provides insight into marketing efficiency including the welfare of both consumers and farmers. Investigating the price transmission process at different levels in the marketing channel is crucial in assessing the market efficiency in poultry meat and egg subsectors in Malaysia. Changes in the farm or wholesale price could lead to changes in retail prices asymmetrically and this might distort the poultry and egg markets. This study applied the error correction model of price transmission for the entire poultry meat and egg value chain. The test was carried out using retail and farm monthly price data of poultry meat and eggs from 2000 to 2007. Empirical results suggest that the farm and retail price transmission process for the poultry and egg market is asymmetric. Price transmission estimates with rising farm prices generally are larger than corresponding estimates associated with falling farm prices.
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spelling upm-293352016-07-13T03:34:58Z http://psasir.upm.edu.my/id/eprint/29335/ Asymmetric farm retail price movements in the Malaysian poultry market Sharifuddin, Juwaidah Mohamed, Zainal Abidin Ahmed, Abdullahi Farah Abd. Latif, Ismail The relationship between farm, wholesale, and retail prices provides insight into marketing efficiency including the welfare of both consumers and farmers. Investigating the price transmission process at different levels in the marketing channel is crucial in assessing the market efficiency in poultry meat and egg subsectors in Malaysia. Changes in the farm or wholesale price could lead to changes in retail prices asymmetrically and this might distort the poultry and egg markets. This study applied the error correction model of price transmission for the entire poultry meat and egg value chain. The test was carried out using retail and farm monthly price data of poultry meat and eggs from 2000 to 2007. Empirical results suggest that the farm and retail price transmission process for the poultry and egg market is asymmetric. Price transmission estimates with rising farm prices generally are larger than corresponding estimates associated with falling farm prices. Routledge 2013 Article PeerReviewed application/pdf en http://psasir.upm.edu.my/id/eprint/29335/1/Asymmetric%20farm%20retail%20price%20movements%20in%20the%20Malaysian%20poultry%20market.pdf Sharifuddin, Juwaidah and Mohamed, Zainal Abidin and Ahmed, Abdullahi Farah and Abd. Latif, Ismail (2013) Asymmetric farm retail price movements in the Malaysian poultry market. Journal of International Food & Agribusiness Marketing, 25 (suppl.1). pp. 128-136. ISSN 0897-4438; ESSN: 1528-6983 http://www.tandfonline.com/doi/abs/10.1080/08974438.2013.805454 10.1080/08974438.2013.805454
spellingShingle Sharifuddin, Juwaidah
Mohamed, Zainal Abidin
Ahmed, Abdullahi Farah
Abd. Latif, Ismail
Asymmetric farm retail price movements in the Malaysian poultry market
title Asymmetric farm retail price movements in the Malaysian poultry market
title_full Asymmetric farm retail price movements in the Malaysian poultry market
title_fullStr Asymmetric farm retail price movements in the Malaysian poultry market
title_full_unstemmed Asymmetric farm retail price movements in the Malaysian poultry market
title_short Asymmetric farm retail price movements in the Malaysian poultry market
title_sort asymmetric farm retail price movements in the malaysian poultry market
url http://psasir.upm.edu.my/id/eprint/29335/
http://psasir.upm.edu.my/id/eprint/29335/
http://psasir.upm.edu.my/id/eprint/29335/
http://psasir.upm.edu.my/id/eprint/29335/1/Asymmetric%20farm%20retail%20price%20movements%20in%20the%20Malaysian%20poultry%20market.pdf