초록 열기/닫기 버튼

Each layer of marketing chain transmits not only the product itself but also the prices formed in different stages of the chain. Present study investigates whether or not there exist asymmetric price transmission in the marketing chain of rice. Analytical results indicate price transmission between wholesale and retail prices appears to be asymmetric. This implies that rice market is not operated efficiently although there have been many policies that intend to make rice market more competitive.