사과의 산지도매가격과 소매가격 간 동태적 인과성 및 비대칭적 가격 조정 연구

• 영문명: Causality and Asymmetric Price Transmission in the Distribution Channel of the Apple Market
• 발행기관: 한국농업경제학회
• 저자명: 김기환(Gihwan Kim) 서병선(Byeongseon Seo)
• 간행물 정보: 『농업경제연구』58권 1호, 97~116쪽, 전체 20쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2017.03.30

영문 초록

The purpose of this study is to explore the dynamic properties of causality and asymmetric price transmission in the distributional channel of the apple market in Korea. Using the wholesale and retail price series of the apple market, we obtain the following results. First, the price trans-mission mechanism reveals the causal relationship channeling from the wholesale price to the re-tail price. Second, we find an asymmetric price transmission from the analysis using the threshold partial adjustment model. The retail price responds strongly when the wholesale price increases. On the other hand, the retail price shows sluggish adjustment when the wholesale price decreases. This study has shown a significant improvement of forecasting accuracy as the threshold partial adjustment model allows for asymmetric price transmission.

목차

I. 서 론

II. 사과시장 현황

III. 선행연구 및 분석 방법

IV. 분석 자료

V. 분석 결과

VI. 요약 및 결론

키워드

asymmetry causality price transmission threshold partial adjustment