Who cut the cheese?

Who cut the cheese?

In this article I examine whether retail and producer prices for American processed cheese follow a long-run linear relationship. The results suggest that wholesale and retail prices are not cointegrated, even when allowance is made for nonlinear and threshold effects, suggesting little evidence of...

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Veröffentlicht in:Applied economics letters 2011-01, Vol.18 (1), p.7-10
1. Verfasser: Sephton, P. S.
Format: Artikel
Sprache:eng
Schlagworte:
Cheese
Cointegration
Correlation analysis
Economic analysis
Economic models
Market prices
Price formation
Producer prices
Retail prices
Retail trade
Studies
United Kingdom
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Beschreibung
Zusammenfassung:In this article I examine whether retail and producer prices for American processed cheese follow a long-run linear relationship. The results suggest that wholesale and retail prices are not cointegrated, even when allowance is made for nonlinear and threshold effects, suggesting little evidence of pass-through of costs to the retail level.
ISSN:1350-4851
1466-4291
DOI:10.1080/13504850903425082