This study investigates the price asymmetry in farm-retail price transmission in the Turkish milk market. An asymmetric … error correction model is applied on the monthly price data, and the results suggest that there is a positive price … asymmetry in the farm-retail price transmission in the Turkish dairy market. That is, the retail prices tend to adjust more …

This paper examines the farm-retail price transmission mechanism in the Greek milk market by using monthly data for the … increasing concentration in the market for fresh pasteurized milk. On the other hand, in the past five years, the number of dairy … farms has decreased dramatically. The milk supply chain can be described as an atomized raw milk production sector …

concentration, value chain governance, and product characteristics. We analyze how milk prices are passed on along these different … value chains. Using detailed price data on farm gate, wholesale, export, and retail levels, we apply asymmetric vector … autoregressive and vector error correction models to study vertical price transmission in Swiss dairy and cheese chains. Contrary to …