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Transmission Of Market Crises In The European Vegetables Sector

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  • Santeramo, Fabio Gaetano
  • Cioffi, Antonio

Abstract

The paper analyses the problem of transmission of crises in European fruit and vegetable markets. The analysis is performed on the prices of tomatoes and cauliflowers on some important markets of the European Union close to production or consumption areas. The methodological approach consists in estimating a two regime error correction model capable of capturing the main aspects of price transmission in the absence or presence of market crises. The analysis shows that the transmission of market crises differs according to the characteristics of the markets analysed, their proximity to production or consumption areas, as well as to the products considered. The work has allowed the identification of relevant insights for planning policies for crisis management in the fresh vegetables sector.

Suggested Citation

  • Santeramo, Fabio Gaetano & Cioffi, Antonio, 2012. "Transmission Of Market Crises In The European Vegetables Sector," Politica Agricola Internazionale - International Agricultural Policy, Edizioni L'Informatore Agrario, vol. 2012(2), pages 1-10, March.
    • Handle: RePEc:ags:eiapai:150386
    DOI: 10.22004/ag.econ.150386
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    Cited by:

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    2. Santeramo, Fabio Gaetano & von Cramon-Taubadel, Stephan, 2016. "On perishability and Vertical Price Transmission: empirical evidences from Italy," Bio-based and Applied Economics Journal, Italian Association of Agricultural and Applied Economics (AIEAA), vol. 5(2), September.
    3. Buczkowski, Rafal & García-Azcarate, Tomás, 2015. "Are current EU cereal prices correlated?," Economia Agraria y Recursos Naturales, Spanish Association of Agricultural Economists, vol. 15(02).

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