Price transmission in the Spanish bovine sector: the BSE effect

dc.creatorHassouneh, Islam
dc.creatorSerra, Teresa
dc.creatorGil, Jose Maria
dc.date2017-04-01T19:34:32Z
dc.date.accessioned2026-07-09T04:46:34Z
dc.descriptionA regime-switching vector error correction model is applied to monthly price data to assess the impact of BSE outbreaks on price relationships and patterns of transmission among farm and retail markets for bovine in Spain. To evaluate the degree to which price transmission is affected by BSE food scares, a BSE food scare index is developed and used to determine regime-switching. Results suggest that BSE scares affect beef producers and retailers differently. Consumer prices are found to be weakly exogenous and not found to react to BSE scares, while producer prices conversely adjusted. The magnitude of the adjustment is found to depend on the magnitude of the BSE scare.
dc.identifierdoi:10.22004/ag.econ.50121
dc.identifierhttps://ageconsearch.umn.edu/record/50121/files/Price%20transmission%20in%20the%20Spanish%20bovine%20sector_%20the%20BSE%20effect_289.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/50121
dc.identifier.urihttp://hdl.handle.net/123456789/554713
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/50121
dc.titlePrice transmission in the Spanish bovine sector: the BSE effect
dc.typeText

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