Towards better understanding of vegetable market functioning: The Lithuanian cases of fresh tomatoes and cucumbers

Jurkėnaitė, Nelė; Paparas, Dimitrios

doi:10.1177/0030727019866208

Cited by 3 publications

(2 citation statements)

References 28 publications

(59 reference statements)

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“…This suggests that UK pork prices are retailer driven and do not reflect price changes due to production costs. Other studies that found asymmetry in price transmission are Rose et al [72] and Jurkenaite and Paparas [73].…”

Section: Literature Reviewmentioning

confidence: 95%

Price Transmission: The Case of the UK Dairy Market

Rose

Paparas

2023

Commodities

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The UK milk market has faced major economic difficulties over the last 20 years, seeing the smallest milk producers exit the industry. The key objective of this study is to examine price transmission within the UK milk market to understand the market’s efficiency and influences. An Augmented Dickey–Fuller unit root test identified all the examined series were stationary at the first difference. A modified Dickey–Fuller test allows for levels and trends that differ across a single break date and Bai–Perron test identified multiple structural breaks, including January 2012, July 2015, and November 2017. The Johansen cointegration test identified one cointegrating factor. The Error Correction Model results identified that prices would regain equilibrium at 14%, roughly 7 months after a price shock. Granger Causality identified the producer to granger cause retailer prices. The Threshold Autoregressive model suggests the dataset is symmetric. Econometric research into the UK’s liquid milk market is limited. As such, this study will provide an understanding as to whether current econometric policies are working, alongside the potential to aid the improvement or development of new policies while the UK exits the EU. Additionally, this study includes structural breaks as previous studies have failed to do so, which has led to a mixture of results.

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Section: Literature Reviewmentioning

confidence: 95%

Price Transmission: The Case of the UK Dairy Market

Rose

Paparas

2023

Commodities

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“…Several works have studied the international tomato market in the European Union since 2010 De Pablo Valenciano & Giacinti Battistuzzi, 2012;Lombardi et al, 2016;De Pablo Valenciano & Giacinti Battistuzzi, 2016;Bashimov, 2016;De Pablo Valenciano et al, 2017;Capobianco Uriarte et al, 2017;Pérez Mesa et al, 2018;Jurkėnaitė & Paparas, 2020;Álvarez, 2020;Capobianco Uriarte et al, 2020). It is worth mentioning the work of Pérez Mesa et al (2018) that offers a network approach to differentiate the import countries from the export countries in the European context.…”

Section: Theoretical Frameworkmentioning

confidence: 99%

Influence of the Economic Crisis on the Identification of Country Profiles Within the European Tomato Market

Gázquez–Abad

Valenciano

Capobianco-Uriarte

2021

Journal of Business Economics and Management

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The objectives of this work are to determine the profiles of the countries that make up the European tomato consuming market and to observe if the economic-financial crisis (2007/2008) has influenced them. Both Lafay’s economic indicators were applied and country profiles and subprofiles were identified through a multilevel two-stage cluster analysis. The empirical analysis covers the period from 2005 to 2016, separated into two periods, pre-crisis (2005–2010) and post-crisis (2011–2016). Most countries obtained import and export profiles that coincide in both indices, Except in Italy. Only one post-crisis profile change was detected, this being for Greece, from an importer to an exporter. As a result of the initial two-stage clustering analysis (both in the pre-crisis and post-crisis period), three clusters were obtained. At the first level of clustering, Italy is identified with a producer profile and Spain and the Netherlands with an exporter profile. At the second level of clustering of the initial larger group, two clusters were identified, Germany and the United Kingdom with an importing sub-profile, and France and Belgium with an exporting sub-profile. In the transition from the pre-crisis to the post-crisis period, Portugal changed from a producer sub-profile to an exporter sub-profile.

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