Vertical price transmission in the Egyptian tomato sector after the Arab Spring |
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| Authors: | Osama Ahmed |
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| Affiliation: | 1. Department of Agricultural Markets, Leibniz Institute of Agricultural Development in Transition Economies (IAMO), Halle (Saale), Germany;2. Parc Mediterrani de la Tecnologia Edifici ESAB, Centre de Recerca en Economia i Desenvolupament Agroalimentaris (CREDA)-UPC-IRTA, Castelldefels, Spain |
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| Abstract: | This study assesses price transmission along the Egyptian tomato food marketing chain in the period that followed the Arab Spring, which accentuated economic precariousness in Egypt. Static and time-varying copula methods are used for this purpose. Results suggest a positive link between producer, wholesaler and retailer tomato prices. Such positive dependence is characterized by asymmetries during extreme market events that lead price increases to be transferred more completely along the supply chain than price declines. |
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| Keywords: | Food prices asymmetric price transmission dependence analysis static and time-varying copula |
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