Asymmetric price transmission and farmers' response in the Czech dairy chain

The standard economic price theory of working with efficient source allocation is being confronted a series empirical findings asymmetric responses. objective the research was to examine whether distribution prices within dairy chain in Czech Republic fair and farmers progressed collective approach strengthen their position supply chain. We used pre-cointegration cointegration test for asymmetry transmission farm milk throughout Furthermore, we measured development market concentration by means Herfindahl-Hirschman index discussed background figures producer organisation representatives. results proved there were transmissions. In response, consolidated concentrated sales. should not yet be understood as goal but next steps.