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Market connectedness in the US beef supply chain

Author

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  • Fousekis, Panos
  • Tzaferi, Dimitra

Abstract

This work investigates market connectedness in the US beef industry using alternative measures of spillovers and information about prices at the farm, the wholesale, and the retail level over 1990 to 2019. The empirical results suggest that connectedness in the system of markets farm and wholesale is stronger relative to that of wholesale and retail. They also imply that, although there are statistically significant price spillovers both upstream and downstream, the spillovers from farm to wholesale level and from wholesale to the retail level tend to exceed those in the opposite directions.

Suggested Citation

  • Fousekis, Panos & Tzaferi, Dimitra, 2018. "Market connectedness in the US beef supply chain," Agricultural Economics Review, Greek Association of Agricultural Economists, vol. 0(Issue 1).
    • Handle: RePEc:ags:aergaa:330625
    DOI: 10.22004/ag.econ.330625
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