On perishability and Vertical Price Transmission: empirical evidences from Italy

Studies on the causes for asymmetries in vertical price transmission date back to decades ago, but the attention of theorists and empirical economists is still vivid. In particular the role of perishability is not fully defined. We investigate the vertical price transmission for a heterogeneous grou...

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Bibliographic Details
Main Authors: Fabio Gaetano Santeramo, Stephan von Cramon-Taubadel
Format: Article
Language:English
Published: Firenze University Press 2016-08-01
Series:Bio-based and Applied Economics
Subjects:
Online Access:https://oaj.fupress.net/index.php/bae/article/view/3295
Description
Summary:Studies on the causes for asymmetries in vertical price transmission date back to decades ago, but the attention of theorists and empirical economists is still vivid. In particular the role of perishability is not fully defined. We investigate the vertical price transmission for a heterogeneous group of fruits and vegetables that differ for their degree of perishability. The error correction model we estimate allows to conclude that asymmetries in vertical price transmission tend to vanish for perishable products.
ISSN:2280-6180
2280-6172