Vertical Price Transmission in the Ukrainian Sunflower Oil Supply Chain
نویسندگان
چکیده
Sunflower is one of the most popular and extensively produced crops in Ukraine. Almost all production sunflower processed further into oil. During last 20 years, amount exported Ukrainian oil have increased markedly, so Ukraine has become world’s biggest producer its exporter. However, due to increasing industry concentration rapid price growth starting from mid-2020, Antimonopoly Committee started investigation supply for possible competition issues. There are suspicions that there might be a collusion producers aimed at an artificial increase. Those concerns motivated us study potential manifestation market power chain. For this purpose, Threshold Autoregressive Cointegration model was estimated, using monthly consumer prices January 2013 September 2021. The results analysis bring evidence about long-term cointegration between pairs. Moreover, noticeably more dynamic correction negative deviations long-run equilibrium than positive deviations.
منابع مشابه
Analysis of the Asymmetric Price Transmission in the Ukrainian Wheat Supply Chain
Any opinion, findings, conclusions, or recommendations expressed in this publication are those of the authors and do not necessarily reflect the view of the University of Missouri. Permission is granted to reproduce this information with appropriate attribution to the author(s) and FAPRI–MU.
متن کاملStudying Volatility Risk Transmission in Automatable Supply Chain Companies in the Tehran Stock Exchange
Supply chain companies are one of the most important elements of the economy of each country. These companies play an important role in the expansion and activities of other companies through the provision of capital, customers, credit and even raw materials and technology. Therefore, the main goal of this research was to examine the impact of contagion of return and volatility in the return of...
متن کاملImproving Lifetime of Strategic Information Network in Oil Supply Chain
Today, information networks play an important role in supply chain management. Therefore, in this article, clustering-based routing protocols, which are one of the most important ways to reduce energy consumption in wireless sensor networks, are used to optimize the supply chain informational cloud network. Accordingly, first, a clustering protocol is presented using self-organizing map neu...
متن کاملvertical price transmission and non-linear price adjustments in the beef market of east azarbaijan province
this study considers the price transmission mechanism between farm and retail levels of beef market in east azerbaijan with weekly prices over 1377:1 to 1390:52 periods. to this end, using advantages of multivariate models, hansen- seo (2002)'s two- regime threshold vector error correction model (tvecm) was estimated by the maximum likelihood approach for evaluate the price transmission me...
متن کاملSupply Chain Coordination under Price Competition
In the recent years, significant changes have taken place in the business environment. Among the many factors, globalization of business, proliferation of electronic marketplace (e-market), increased market competition, awareness of customers, and increased demand for the value added products/services have largely contributed to the change in the shift. The changing business scenario has compel...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: Journal of Central European Agriculture
سال: 2022
ISSN: ['1332-9049']
DOI: https://doi.org/10.5513/jcea01/23.2.3524