IDEAS home Printed from https://ideas.repec.org/a/ags/spreea/249678.html
   My bibliography  Save this article

Price formation and the transmission of prices across the Spanish agri-food chain extra virgin olive oil

Author

Listed:
  • Gutierrez-Salcedo, Maria
  • Vega-Zamora, Manuela
  • Torraleja, Felix A. Grande
  • Ruiz, Francisco J. Torres

Abstract

The aim of this paper is to analyze the transmission of extra virgin olive oil price between the two main levels of the agri-food chain: origin and destination markets, using weekly price series for 2007-2010. The analysis is performed by studying the long-term and short-term relationships between the two markets and the asymmetry, based on the multivariate cointegration technique and the error correction model. The results indicate that there is no perfect price transmission, with a strong rigidity of prices in both markets and the presence of delays.

Suggested Citation

  • Gutierrez-Salcedo, Maria & Vega-Zamora, Manuela & Torraleja, Felix A. Grande & Ruiz, Francisco J. Torres, 2015. "Price formation and the transmission of prices across the Spanish agri-food chain extra virgin olive oil," Revista Espanola de Estudios Agrosociales y Pesqueros, Ministerio de Medio Ambiente, Rural y Marino (formerly Ministry of Agriculture), issue 240, pages 1-31.
    • Handle: RePEc:ags:spreea:249678
    DOI: 10.22004/ag.econ.249678
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/249678/files/240.3.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.249678?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:spreea:249678. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: http://www.magrama.gob.es/ .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.