TY  - JOUR
AB  - Purpose– The purpose of this paper is to assess price linkages and patterns of transmission among producer and consumer markets for apple in Slovenia. Design/methodology/approach– Non-linear error correction models are applied. Non-linearities are allowed by means of threshold and multivariate local linear regression estimation techniques. Monthly prices over the period 2000-2011 are used in the empirical application. Findings– Both techniques provide evidence of non-linearities in price adjustments. Findings suggest that producer and consumer prices tend to increase rather than decrease. Results also indicate that parametric threshold approaches may have difficulties in adequately representing price behavior dynamics. Originality/value– The main contribution of this work to the literature relies on the fact that this is the first attempt to assess vertical price transmission in the apple sector in Central and Eastern European Country markets. Further, it is the first attempt to use multivariate local linear regression techniques in this context.
VL  - 117
IS  - 1
SN  - 0007-070X
DO  - 10.1108/BFJ-03-2014-0109
UR  - https://doi.org/10.1108/BFJ-03-2014-0109
AU  - Hassouneh Islam
AU  - Serra Teresa
AU  - Bojnec Štefan
PY  - 2015
Y1  - 2015/01/01
TI  - Nonlinearities in the Slovenian apple price transmission
T2  - British Food Journal
PB  - Emerald Group Publishing Limited
SP  - 461
EP  - 478
Y2  - 2024/05/08
ER  -