Derived Demand and Relationships between Prices at Different Levels in the Value Chain: A Note
作者： Frank Asche , Ola Flaaten , John R. Isaksen , Terje Vassdal
DOI: 10.1111/J.1477-9552.2002.TB00008.X
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摘要: In this paper we note that when there is only one variable factor in the intermediaries' production technology, prices at different levels value chain will move proportionally to each other over time. This also general condition under which elasticity of price transmission equal one, so retail signals are perfectly transmitted primary product producers and vice versa. allows a test whether derived demand elasticities contain information about consumer using prices. An empirical illustration provided data from Norwegian cod sector.
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