In this paper we note that when there is only one variable factor in the intermediaries' production technology, prices will move proportional to each other over time. This is also the only general condition under which the elasticity of price transmission is equal to one, so that retail price signals are perfectly transmitted to primary product producers and vice versa. This allows a test of whether derived demand elasticities contain information about consumer elasticities using only prices. An empirical analysis is carried out for the Norwegian cod sector. Since prices are found to be nonstationary, cointegration tests are used to test for price proportionality
Empirical models of differentiated product demand have typically allowed price to be endogenous, but...
Measuring the degree of price coordination between firms in a differentiated products industry is pa...
Here we detail a method to test whether or not retailers allow suppliers to set the wholesale price ...
In this paper we note that when there is only one variable factor in the intermediaries' production ...
A test procedure is proposed to test for the simultaneous nature of the relationship between price a...
This paper investigates the determinants of Norwegian import prices of manufactures over the period ...
Research PaperThe extent to which demand and supply shocks are transmitted in the value chain is an ...
The extent to which demand and supply shocks are transmitted in the value chain is an important topi...
PhD thesis in Natural SciencesAccording to economic theory, a competitive market leads to the most ...
The report consists of three parts. The first part of the report looks at the price interdependencie...
This paper uses a threshold adjustment methodology to find out whether price transmission over the c...
This paper uses a threshold adjustment methodology to find out whether price transmission over the c...
Abstract. In this paper we use cointegration analysis and the Law of One Price to test for proportio...
Many price indices are constructed using bilateral transaction prices. This paper shows how the time...
This paper investigates the relationship between consumer demand and firms'' mark-up for several pro...
Empirical models of differentiated product demand have typically allowed price to be endogenous, but...
Measuring the degree of price coordination between firms in a differentiated products industry is pa...
Here we detail a method to test whether or not retailers allow suppliers to set the wholesale price ...
In this paper we note that when there is only one variable factor in the intermediaries' production ...
A test procedure is proposed to test for the simultaneous nature of the relationship between price a...
This paper investigates the determinants of Norwegian import prices of manufactures over the period ...
Research PaperThe extent to which demand and supply shocks are transmitted in the value chain is an ...
The extent to which demand and supply shocks are transmitted in the value chain is an important topi...
PhD thesis in Natural SciencesAccording to economic theory, a competitive market leads to the most ...
The report consists of three parts. The first part of the report looks at the price interdependencie...
This paper uses a threshold adjustment methodology to find out whether price transmission over the c...
This paper uses a threshold adjustment methodology to find out whether price transmission over the c...
Abstract. In this paper we use cointegration analysis and the Law of One Price to test for proportio...
Many price indices are constructed using bilateral transaction prices. This paper shows how the time...
This paper investigates the relationship between consumer demand and firms'' mark-up for several pro...
Empirical models of differentiated product demand have typically allowed price to be endogenous, but...
Measuring the degree of price coordination between firms in a differentiated products industry is pa...
Here we detail a method to test whether or not retailers allow suppliers to set the wholesale price ...