Autor: |
Fan, Jiaping, Anders, Sven, Qiu, Feng |
Jazyk: |
angličtina |
Rok vydání: |
2022 |
Předmět: |
|
DOI: |
10.22004/ag.econ.322778 |
Popis: |
Cross-border trade with the United States is a crucial factor in the performance of the Canadian beef industry. While many studies have analyzed vertical price transmission in agricultural markets, studies that consider exogenous and trade-related information in the analysis of domestic vertical price relationships are missing. This study fills this gap by estimating regime-switching farm-to-wholesale price transmission in the Canadian beef industry using the Canadian-U.S. dollar exchange rate as the regime-inducing variable in a threshold vector error-correction model. We find that the exchange rate acts as a regime-inducing factor in the coordination between Canadian cattle producers and their packer buyers. |
Databáze: |
OpenAIRE |
Externí odkaz: |
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