A STUDY OF RELATIONSHIP BETWEEN THE PRICE OF PRODUCER AND CONSUMER (A REVIEW OF THE SECTION OF DAIRY PRODUCTS IN IRAN)

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AHMADI SHADMEHRI M.T.; AHMADI MOHAMMAD

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Journal: KNOWLEDGE AND DEVELOPMENT Year:2009 | Volume:16 | Issue:28 Page(s): 77-94

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Information Journal Paper

Title

A STUDY OF RELATIONSHIP BETWEEN THE PRICE OF PRODUCER AND CONSUMER (A REVIEW OF THE SECTION OF DAIRY PRODUCTS IN IRAN)

Author(s)

AHMADI SHADMEHRI M.T. | AHMADI MOHAMMAD | Issue Writer Certificate

Keywords

PRICE TRANSMISSIONQ3

CAUSALITY RELATIONQ3

JOHANSEN AND JUSELIUSQ3

DAIRYQ3

CHEESEQ3

Abstract

In the last decade, the analysis of price relationship along production chain from producer through consumer has been a common tool for measuring efficiency rate and competitiveness of different markets. Markets of agricultural products, meat and DAIRY are received the most attention by researchers. In the present paper, we studied the price relations and how price is transmitted between the producer level and the consumer level for CHEESE. Data used in the research include consumer price index and producer price index for CHEESE covering monthly periods of 91 months since March 2001 to October 2008. Johansen's and Juselius's cointegration method and Granger causality test were used to examine whether there is a relationship between the two indices and to determine causality direction. The behavior of PRICE TRANSMISSION was analyzed based on the Hack's traditional method and utilizing Von Cramon-Loy ECM model (1998). The results indicate that there is a long-term relationship between each pair of producer and consumer prices. There is a causality direction from consumer prices to producer prices in both short-term and long-term periods. The results reject the hypothesis of asymmetry in PRICE TRANSMISSION between producer prices and consumer prices. The article suggests the implication of its results in the government policy intervention and more study around marketing margin and change in producer-consumer welfare.

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APA: Copy

AHMADI SHADMEHRI, M.T., & AHMADI, MOHAMMAD. (2009). A STUDY OF RELATIONSHIP BETWEEN THE PRICE OF PRODUCER AND CONSUMER (A REVIEW OF THE SECTION OF DAIRY PRODUCTS IN IRAN). KNOWLEDGE AND DEVELOPMENT, 16(28), 77-94. SID. https://sid.ir/paper/75775/en

Vancouver: Copy

AHMADI SHADMEHRI M.T., AHMADI MOHAMMAD. A STUDY OF RELATIONSHIP BETWEEN THE PRICE OF PRODUCER AND CONSUMER (A REVIEW OF THE SECTION OF DAIRY PRODUCTS IN IRAN). KNOWLEDGE AND DEVELOPMENT[Internet]. 2009;16(28):77-94. Available from: https://sid.ir/paper/75775/en

IEEE: Copy

M.T. AHMADI SHADMEHRI, and MOHAMMAD AHMADI, “A STUDY OF RELATIONSHIP BETWEEN THE PRICE OF PRODUCER AND CONSUMER (A REVIEW OF THE SECTION OF DAIRY PRODUCTS IN IRAN),” KNOWLEDGE AND DEVELOPMENT, vol. 16, no. 28, pp. 77–94, 2009, [Online]. Available: https://sid.ir/paper/75775/en

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