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쌀 유통단계에 따른 비대칭적 가격전이 분석Analysis on the Asymmetric Price Transmission between Wholesale and Retail Prices in Rice Market
- Other Titles
- Analysis on the Asymmetric Price Transmission between Wholesale and Retail Prices in Rice Market
- Issue Date
- 2015
- Publisher
- 한국식품유통학회
- Keywords
- Price transmission; Granger-causality; marketing channel; rice
- Citation
- 식품유통연구, v.32, no.3, pp.1 - 23
- Indexed
- KCI
- Journal Title
- 식품유통연구
- Volume
- 32
- Number
- 3
- Start Page
- 1
- End Page
- 23
- ISSN
- 1598-9925
- Abstract
- Each layer of marketing chain transmits not only the product itself but also the prices formed in different stages of the chain. Present study investigates whether or not there exist asymmetric price transmission in the marketing chain of rice. Analytical results indicate price transmission between wholesale and retail prices appears to be asymmetric. This implies that rice market is not operated efficiently although there have been many policies that intend to make rice market more competitive.
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