Bakucs, Lajos Zoltan; Falkowski, Jan; Ferto, Imre - Agricultural Economics Society - AES - 2012
There now exists a large literature on price transmission in agro-food sectors. However, a great majority of empirical … transmission mechanisms. Our findings suggest that asymmetric price transmission in farm-retail relationship is more likely to … symmetric price transmission. The latter is also more likely in the presence of strong processing industry. …