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DOES THE REDUCTION IN PEANUT PRICES BENEFIT PEANUT BUTTER CONSUMERS?

Using monthly data, we find evidence of both short- and long-run asymmetry of price transmission from peanut to peanut butter prices. This suggests that the asymmetry is more likely a result of imperfect competition than of competitive profit maximizing inventory management. Effects of producer support policy changes are discussed.
Year of publication:
2004
Authors: Revoredo-Giha, Cesar ; Nadolnyak, Denis A. ; Fletcher, Stanley M.
Institutions: Southern Agricultural Economics Association - SAEA
Keywords: Consumer/Household Economics
Extent:
application/pdf
Series:
Type of publication: Book / Working Paper
Notes:
The text is part of a series 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma Number 34700
Source:
Persistent link: https://www.econbiz.de/10005805262
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