Publicación:
EFFECTS OF THE INERNATIONAL MILK ON THE MILK PRICE PAID TO PRODUCERS IN CHILE: A COINTEGRATION ANALYSIS

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dc.creatorJUAN HERNÁN CABAS MONJE
dc.date2017
dc.date.accessioned2025-01-10T14:55:20Z
dc.date.available2025-01-10T14:55:20Z
dc.date.issued2017
dc.description.abstractTHE GOAL OF THIS RESEARCH WAS TO ANALYZE THE SPATIAL PRICE TRANSMISSION FROM THE INTERNATIONAL MARKET FOR DAIRY PRODUCTS AND MILK PRICE PAID TO PRODUCERS IN CHILE AND TO ANALYZE THE STRUCTURE OF CHILEAN MILK MARKET. THE INTERNATIONAL PRICE OF WHOLE MILK POWDER AND THE AMOUNT PAID TO DOMESTIC PRODUCERS WERE CONSIDERED. THE RESULTS INDICATED THAT THE DOMESTIC INDUSTRY HAS A DISTURBING CONCENTRATION, FORMING AN OLIGOPSONY WITH THE PROCESSING OF MILK, AND THESE COMPANIES HAVE A HIGH MARKET POWER AND INFLUENCE ON THE PRICE. THE QUANTITATIVE ANALYSIS REALIZED WITH THE ENGLE AND GRANGER APPROACH AND THRESHOLD COINTEGRATION ANALYSIS (TAR, MTAR AND THEIR CONSISTENT COUNTERPARTS), SHOWED IN THEIR RESULTS THAT THE TIME SERIES ARE COINTEGRATED, EXISTING ASYMMETRY IN THE PRICE TRANSMISSION, AND ALSO THE NEGATIVE SHOCKS IN PRICES WERE TRANSFERRED FASTER THAN POSITIVE SHOCKS.
dc.formatapplication/pdf
dc.identifier.issn0798-2259
dc.identifier.urihttps://repositorio.ubiobio.cl/handle/123456789/9567
dc.languagespa
dc.publisherREVISTA CIENTIFICA-FACULTAD DE CIENCIAS VETERINARIAS
dc.rightsPUBLICADA
dc.titleEFFECTS OF THE INERNATIONAL MILK ON THE MILK PRICE PAID TO PRODUCERS IN CHILE: A COINTEGRATION ANALYSIS
dc.title.alternativeEFECTOS DE LA LECHE INERNACIONAL EN EL PRECIO DE LA LECHE PAGADO A LOS PRODUCTORES EN CHILE: UN ANÁLISIS DE COINTEGRACIÓN
dc.typeARTÍCULO
dspace.entity.typePublication
ubb.EstadoPUBLICADA
ubb.Otra ReparticionDEPARTAMENTO DE GESTION EMPRESARIAL
ubb.SedeCHILLÁN
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