On perishability and Vertical Price Transmission: empirical evidences from Italy

Fabio Gaetano Santeramo, Stephan von Cramon-Taubadel

Abstract


Studies on the causes for asymmetries in vertical price transmission date back to decades ago, but the attention of theorists and empirical economists is still vivid. In particular the role of perishability is not fully defined. We investigate the vertical price transmission for a heterogeneous group of fruits and vegetables that differ for their degree of perishability. The error correction model we estimate allows to conclude that asymmetries in vertical price transmission tend to vanish for perishable products.


Keywords


asymmetries; AVECM; fruits and vegetables; perishability; Vertical Price Transmission

Full Text:

PDF


DOI: http://dx.doi.org/10.13128/BAE-18043



Creative Commons License

This work is licensed under a Creative Commons Attribution 4.0 International License (CC-BY- 4.0)

 
Firenze University Press
Via Cittadella, 7 - 50144 Firenze
Tel. (0039) 055 2757700 Fax (0039) 055 2757712
E-mail: info@fupress.com