{"title":"Price Analysis in the European Food Supply Chain","authors":"Dimitris N. Pachis, George D. Peppas, A. Dimitras","doi":"10.12681/icbe-hou.5354","DOIUrl":null,"url":null,"abstract":"The paper assesses the degree of price cooperation between the main agricultural supply chain stakeholders in EU-27. The price transmission mechanism between producers and retailers is used for assessing cooperation. Cereals prices of EU-27 are used for the empirical analysis (January 1995 - April 2022). The price mechanism is modeled via the Co-Integrated Vector AutoRegressive (VAR) representation. The empirical analysis follows the usual drill of stationarity and co-integration tests followed by Granger Causality tests, Impulse Responses and Forecasts of Error Decomposition. The results show restricted cooperation between supply chain stakeholders. \n \nJEL Classifications: Q13, Q18 \n \nKeywords: Price analysis, European Union - 27, supply chain management \n ","PeriodicalId":374676,"journal":{"name":"International Conference on Business and Economics - Hellenic Open University","volume":"25 1","pages":"0"},"PeriodicalIF":0.0000,"publicationDate":"2023-06-19","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":null,"platform":"Semanticscholar","paperid":null,"PeriodicalName":"International Conference on Business and Economics - Hellenic Open University","FirstCategoryId":"1085","ListUrlMain":"https://doi.org/10.12681/icbe-hou.5354","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"","JCRName":"","Score":null,"Total":0}
引用次数: 0
Abstract
The paper assesses the degree of price cooperation between the main agricultural supply chain stakeholders in EU-27. The price transmission mechanism between producers and retailers is used for assessing cooperation. Cereals prices of EU-27 are used for the empirical analysis (January 1995 - April 2022). The price mechanism is modeled via the Co-Integrated Vector AutoRegressive (VAR) representation. The empirical analysis follows the usual drill of stationarity and co-integration tests followed by Granger Causality tests, Impulse Responses and Forecasts of Error Decomposition. The results show restricted cooperation between supply chain stakeholders.
JEL Classifications: Q13, Q18
Keywords: Price analysis, European Union - 27, supply chain management