Forty Years of Price Transmission Research in the Food Industry: Insights, Challenges and Prospects: Comment

Authors: Kinnucan, H.W. and Lloyd, T.

Journal: Journal of Agricultural Economics

Volume: 70

Issue: 3

Pages: 874-879

eISSN: 1477-9552

ISSN: 0021-857X

DOI: 10.1111/1477-9552.12332

Abstract:

Lloyd's review of the literature on food price transmission in the Journal of Agricultural Economics (2017) is incomplete in that it omits discussion of technical change and international trade. The purpose of this Comment is to explain why these topics are essential for a proper understanding of price transmission. As a by-product of the discussion, I show that the pass-through and pass-back equations that serve as the basis for Lloyd's theoretical insights are more general than one might think based on Gardner's (American Journal of Agricultural Economics, 1975) discussion of these equations.

http://eprints.bournemouth.ac.uk/32899/

Source: Scopus

Forty Years of Price Transmission Research in the Food Industry: Insights, Challenges and Prospects: Comment

Authors: Kinnucan, H.W. and Lloyd, T.

Journal: JOURNAL OF AGRICULTURAL ECONOMICS

Volume: 70

Issue: 3

Pages: 874-879

eISSN: 1477-9552

ISSN: 0021-857X

DOI: 10.1111/1477-9552.12332

http://eprints.bournemouth.ac.uk/32899/

Source: Web of Science (Lite)

Forty Years of Price Transmission Research in the Food Industry: Insights, Challenges and Prospects: Comment

Authors: Kinnucan, H.W. and Lloyd, T.

Editors: Harvey, D.

Journal: Journal of Agricultural Economics

Volume: 70

Issue: 3

Pages: 874-879

eISSN: 1477-9552

ISSN: 0021-857X

DOI: 10.1111/1477-9552.12332

Abstract:

© 2019 The Agricultural Economics Society Lloyd's review of the literature on food price transmission in the Journal of Agricultural Economics (2017) is incomplete in that it omits discussion of technical change and international trade. The purpose of this Comment is to explain why these topics are essential for a proper understanding of price transmission. As a by-product of the discussion, I show that the pass-through and pass-back equations that serve as the basis for Lloyd's theoretical insights are more general than one might think based on Gardner's (American Journal of Agricultural Economics, 1975) discussion of these equations.

http://eprints.bournemouth.ac.uk/32899/

Source: Manual

Preferred by: Tim Lloyd

Forty Years of Price Transmission Research in the Food Industry: Insights, Challenges and Prospects: Comment.

Authors: Kinnucan, H.W. and Lloyd, T.

Journal: Journal of Agricultural Economics

Volume: 70

Issue: 3

Pages: 874-879

ISSN: 0021-857X

Abstract:

Lloyd's review of the literature on food price transmission in the Journal of Agricultural Economics (2017) is incomplete in that it omits discussion of technical change and international trade. The purpose of this Comment is to explain why these topics are essential for a proper understanding of price transmission. As a by-product of the discussion, I show that the pass-through and pass-back equations that serve as the basis for Lloyd's theoretical insights are more general than one might think based on Gardner's (American Journal of Agricultural Economics, 1975) discussion of these equations.

http://eprints.bournemouth.ac.uk/32899/

Source: BURO EPrints