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Price Rigidity' In The Pork Marketing Channel

Author

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  • Boyd, Milton S.
  • Brorsen, B. Wade

Abstract

This paper tests for the existence of price rigidity within the U.S. pork marketing channel using an asymmetric pricing model. Results show that wholesale (packer) prices respond more to farm price decreases than increases. Retailers respond equally to wholesale price increases and decreases.

Suggested Citation

  • Boyd, Milton S. & Brorsen, B. Wade, 1986. "Price Rigidity' In The Pork Marketing Channel," 1986 Annual Meeting, July 27-30, Reno, Nevada 278012, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea86:278012
    DOI: 10.22004/ag.econ.278012
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    File URL: https://ageconsearch.umn.edu/record/278012/files/aaea-1986-001.pdf
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    References listed on IDEAS

    as
    1. Kelton, Christina M.L., 1980. "The Administered-Price Thesis: Literature Review and Methodological Discussion," Working Papers 202947, University of Wisconsin-Madison, Department of Agricultural and Applied Economics, Food System Research Group.
    2. Luther Tweenten & Leroy Quance, 1971. "Techniques for Segmenting Independent Variables in Regression Analysis: Reply," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(2), pages 359-360.
    3. Ronald W. Ward, 1982. "Asymmetry in Retail, Wholesale, and Shipping Point Pricing for Fresh Vegetables," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 64(2), pages 205-212.
    4. Hayenga, Marvin L., 1979. "Pork Pricing Systems: The Importance and Economic Impact of Formula Pricing," Working Papers 202933, University of Wisconsin-Madison, Department of Agricultural and Applied Economics, Food System Research Group.
    5. Rudolf Wolffram, 1971. "Positivistic Measures of Aggregate Supply Elasticities: Some New Approaches—Some Critical Notes," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 53(2), pages 356-359.
    6. Milton S. Boyd & B. Wade Brorsen, 1985. "Dynamic Relationship of Weekly Prices In the United States Beef and Pork Marketing Channels," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 33(3), pages 331-342, November.
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    Citations

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    Cited by:

    1. Ted C. Schroeder, 1988. "Price linkages between wholesale and retail pork cuts," Agribusiness, John Wiley & Sons, Ltd., vol. 4(4), pages 359-369.

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    More about this item

    Keywords

    Livestock Production/Industries; Marketing;

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