Price transmission in Serbian milk commodity chain

Focus in the paper is on price transmission at Serbian dairy market. It analyzes milk price transmission for three products: pasteurized milk, white yoghurt and cheese. Those three products types participated in formal milk market with 65% of processed row milk. Monthly data are collected from three...

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Bibliographic Details
Main Authors: Popovic Rade
Radovanov Boris
Format: Article
Published: 2010
Series:Proceedings of the Challenges for Analysis of the Economy, the Businesses, and Social Progress : International Scientific Conference Szeged, November 19-21, 2009
Kulcsszavak:Tejtermelés, Tejtermékek, Tejpiac, Árazás
Online Access:http://acta.bibl.u-szeged.hu/57812
Description
Summary:Focus in the paper is on price transmission at Serbian dairy market. It analyzes milk price transmission for three products: pasteurized milk, white yoghurt and cheese. Those three products types participated in formal milk market with 65% of processed row milk. Monthly data are collected from three levels of milk chain: farm level, processors and retailers. Three step approach based on: intensity, asymmetry and time lags in price transmission was applied. Distinction of two market levels was made, first between farmers and processors and second among processors and retailers. Additionally price transmission from world to nationally market was examined.
Physical Description:382-392
ISBN:978-963-06-9558-9