AN APPLICATION OF THE TWO-REGIME THRESHOLD VECTOR ERROR CORRECTION MODEL TO ANALYZE ASYMMETRIC PRICE TRANSMISSION OF MILK IN ZANJAN PROVINCE OF IRAN

Q: How can I download an article?

To download an article from SID, first log in to the site, search for the article title, and click on the 'Download Article' option.

Q: How can I download an ISI article?

To download an ISI article on SID, enter the keyword or article title in the search bar, view the relevant results, click on the desired article, and select the 'Download Article' option.

Q: How can I access the SID database?

To access the SID database, visit SID.ir, create an account, and log in to access scientific resources.

Q: Is downloading articles from SID free?

Some articles on SID are available for free, while others require payment. Details are specified on the article's page.

AINOLLAHI MOHARRAM; GHAHREMANZADEH MOHAMMAD

مرکز اطلاعات علمی Scientific Information Database (SID) - Trusted Source for Research and Academic Resources

Journal Paper

Paper Information

Journal: INTERNATIONAL JOURNAL OF AGRICULTURAL MANAGEMENT AND DEVELOPMENT (IJAMAD) Year:2015 | Volume:5 | Issue:3 Page(s): 187-194

Download Full-Text

Persian Verion

View:

1,205

Download:

141

Cites:

Information Journal Paper

Title

AN APPLICATION OF THE TWO-REGIME THRESHOLD VECTOR ERROR CORRECTION MODEL TO ANALYZE ASYMMETRIC PRICE TRANSMISSION OF MILK IN ZANJAN PROVINCE OF IRAN

Author(s)

AINOLLAHI MOHARRAM | GHAHREMANZADEH MOHAMMAD | Issue Writer Certificate

Keywords

HANSEN AND SEO APPROACHQ2

THRESHOLD VECTOR ERROR CORRECTION MODELQ2

ASYMMETRIC PRICE TRANSMISSIONQ2

VERTICAL INTEGRATIONQ2

ZANJANQ2

Abstract

In this paper ASYMMETRIC PRICE TRANSMISSION mechanism and nonlinear adjustment between producer and retail prices of milk were examined in ZANJAN Province of Iran. For this purpose, a Two-Regime THRESHOLD VECTOR ERROR CORRECTION MODEL (TVECM) and a Sup-LM Test developed by Hansen and Seo (2002) were employed for checking presence of a threshold effect. Application of unit root tests indicated that both wholesale and retail prices are I (1), and Johansen test verified cointegration of the series in the long-run. Results of the Sup-LM test confirmed threshold adjustment of product price towards the long-run equilibrium. Furthermore, results obtained from TVECM revealed that the coefficient of ECT is significant only in the first regime of retailing equation implying that retailers significantly respond to the decreasing deviations from the long-run equilibrium. While adjustment coefficient is not significant for wholesale equation in both regimes to imply that there is not significant inclination to react to deviations from the long-run equilibrium among the wholesalers despite the retailers.

Cites

No record.

References

Cite

APA: Copy

AINOLLAHI, MOHARRAM, & GHAHREMANZADEH, MOHAMMAD. (2015). AN APPLICATION OF THE TWO-REGIME THRESHOLD VECTOR ERROR CORRECTION MODEL TO ANALYZE ASYMMETRIC PRICE TRANSMISSION OF MILK IN ZANJAN PROVINCE OF IRAN. INTERNATIONAL JOURNAL OF AGRICULTURAL MANAGEMENT AND DEVELOPMENT (IJAMAD), 5(3), 187-194. SID. https://sid.ir/paper/247442/en

Vancouver: Copy

AINOLLAHI MOHARRAM, GHAHREMANZADEH MOHAMMAD. AN APPLICATION OF THE TWO-REGIME THRESHOLD VECTOR ERROR CORRECTION MODEL TO ANALYZE ASYMMETRIC PRICE TRANSMISSION OF MILK IN ZANJAN PROVINCE OF IRAN. INTERNATIONAL JOURNAL OF AGRICULTURAL MANAGEMENT AND DEVELOPMENT (IJAMAD)[Internet]. 2015;5(3):187-194. Available from: https://sid.ir/paper/247442/en

IEEE: Copy

MOHARRAM AINOLLAHI, and MOHAMMAD GHAHREMANZADEH, “AN APPLICATION OF THE TWO-REGIME THRESHOLD VECTOR ERROR CORRECTION MODEL TO ANALYZE ASYMMETRIC PRICE TRANSMISSION OF MILK IN ZANJAN PROVINCE OF IRAN,” INTERNATIONAL JOURNAL OF AGRICULTURAL MANAGEMENT AND DEVELOPMENT (IJAMAD), vol. 5, no. 3, pp. 187–194, 2015, [Online]. Available: https://sid.ir/paper/247442/en

Related Journal Papers