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Energy price shocks and milk price adjustments

Author

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  • Xun Li
  • Rigoberto A. Lopez
  • Rui Wang

Abstract

Much previous research on energy price transmission sheds light on the relationship between oil prices and aggregate commodity prices, such as for agricultural products, or food price indexes. This letter uses data from 12 U.S. cities between 2001 and 2011 to examine how energy prices are transmitted to fluid milk products at the retail level. Results indicate the existence of an asymmetric energy pass-through (a rise is transmitted faster than a fall in prices) and that private label milk products are more insulated from energy price shocks and adjust at similar rate with national manufacturer brands.

Suggested Citation

  • Xun Li & Rigoberto A. Lopez & Rui Wang, 2018. "Energy price shocks and milk price adjustments," Applied Economics Letters, Taylor & Francis Journals, vol. 25(4), pages 268-271, February.
    • Handle: RePEc:taf:apeclt:v:25:y:2018:i:4:p:268-271
    DOI: 10.1080/13504851.2017.1316820
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    Cited by:

    1. Lamorlette, A., 2023. "A coupled model of global energy production and ERoEI applied to photovoltaic and wind, an estimation of net production," Energy, Elsevier, vol. 278(PB).
    2. Lyons, Seán & Mao, Likun & Nolan, Anne & O’Sullivan, Vincent, 2023. "The effect of “smoky” coal bans on chronic lung disease among older people in Ireland," Economics & Human Biology, Elsevier, vol. 50(C).
    3. Butera, Giacomo & Jensen, Søren Højgaard & Clausen, Lasse Røngaard, 2019. "A novel system for large-scale storage of electricity as synthetic natural gas using reversible pressurized solid oxide cells," Energy, Elsevier, vol. 166(C), pages 738-754.
    4. Sharma, Vanika & Haque, Mohammed H. & Aziz, Syed Mahfuzul, 2019. "Energy cost minimization for net zero energy homes through optimal sizing of battery storage system," Renewable Energy, Elsevier, vol. 141(C), pages 278-286.
    5. Gimeno-Frontera, Beatriz & Mainar-Toledo, María Dolores & Sáez de Guinoa, Aitana & Zambrana-Vasquez, David & Zabalza-Bribián, Ignacio, 2018. "Sustainability of non-residential buildings and relevance of main environmental impact contributors' variability. A case study of food retail stores buildings," Renewable and Sustainable Energy Reviews, Elsevier, vol. 94(C), pages 669-681.

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