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Farm, wholesale, and retail prices for beef and pork show significant evidence of asymmetric price interactions. All prices display greater sensitivity to price-increasing shocks than to price-decreasing shocks. The farm beef price, in particular, reacts faster to wholesale price increases than to whole sale price decreases.

Keywords: Endogenous switching ; pork ; beef ; asymmetry ; price transmission

Subject(s): Livestock Production/Industries

Issue Date: 1990

Publication Type: Journal Article

PURL Identifier: Published in: Journal of Agricultural Economics Research, Volume 42, Number 4

Total Pages: 10

Record appears in: United States Department of Agriculture (USDA) > Economic Research Service > Journal of Agricultural Economics Research

Autor: Hahn, William F.


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