Measuring market integration and pricing efficiency along regional maize-tortilla chains of Mexico
When market performance is analyzed, a key issue to understand is the extent to which different agents in the supply chain respond to changes in price shocks. This paper explores the Mexican maize–tortilla chain through a price transmission analysis. It focus on a country-level study of the Mexican...
Guardado en:
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| Formato: | Artículo revista |
| Lenguaje: | Inglés |
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Facultad de Ciencias Agrarias-UNCuyo
2018
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| Acceso en línea: | https://revistas.uncu.edu.ar/ojs3/index.php/RFCA/article/view/2961 |
| Aporte de: |
| id |
I11-R107article-2961 |
|---|---|
| record_format |
ojs |
| institution |
Universidad Nacional de Cuyo |
| institution_str |
I-11 |
| repository_str |
R-107 |
| container_title_str |
Revista de la Facultad de Ciencias Agrarias UNCuyo |
| language |
Inglés |
| format |
Artículo revista |
| topic |
tortillas de maíz México transmisión de precios cadena de suministro maize tortilla industry Mexico "price transmission supply chain |
| spellingShingle |
tortillas de maíz México transmisión de precios cadena de suministro maize tortilla industry Mexico "price transmission supply chain Valdes Salazar, Rodrigo Measuring market integration and pricing efficiency along regional maize-tortilla chains of Mexico |
| topic_facet |
tortillas de maíz México transmisión de precios cadena de suministro maize tortilla industry Mexico "price transmission supply chain |
| author |
Valdes Salazar, Rodrigo |
| author_facet |
Valdes Salazar, Rodrigo |
| author_sort |
Valdes Salazar, Rodrigo |
| title |
Measuring market integration and pricing efficiency along regional maize-tortilla chains of Mexico |
| title_short |
Measuring market integration and pricing efficiency along regional maize-tortilla chains of Mexico |
| title_full |
Measuring market integration and pricing efficiency along regional maize-tortilla chains of Mexico |
| title_fullStr |
Measuring market integration and pricing efficiency along regional maize-tortilla chains of Mexico |
| title_full_unstemmed |
Measuring market integration and pricing efficiency along regional maize-tortilla chains of Mexico |
| title_sort |
measuring market integration and pricing efficiency along regional maize-tortilla chains of mexico |
| description |
When market performance is analyzed, a key issue to understand is the extent to which different agents in the supply chain respond to changes in price shocks. This paper explores the Mexican maize–tortilla chain through a price transmission analysis. It focus on a country-level study of the Mexican tortilla market by considering different regions and commercialization chains. Using a Vector Error Correction Model (VECM) the integration of the Mexican maize tortilla market betweenthe inter-region tortillería, inter-region supermarket and intra-region tortillería-supermarket prices are investigated. The findings suggest that price transmission between tortillerías and supermarkets within a region seems to have triggered a shift in some consumers’ place of purchase. Moreover, it demonstrates that cointegration level mainly depends of storage, logistics and transportation that could be the reason for the upsurge in variability of tortilla prices between states. These results appear to validate that radial transportation system in Mexico has benefited the central regions at the expense of the periphery regions, thus enabling tortillerías in Central regions to remain competitive with supermarkets and retain their market share. |
| publisher |
Facultad de Ciencias Agrarias-UNCuyo |
| publishDate |
2018 |
| url |
https://revistas.uncu.edu.ar/ojs3/index.php/RFCA/article/view/2961 |
| work_keys_str_mv |
AT valdessalazarrodrigo measuringmarketintegrationandpricingefficiencyalongregionalmaizetortillachainsofmexico AT valdessalazarrodrigo analisisdelatransmisiondepreciosenlascadenasregionalesdecomercializaciondetortillasdemaizenmexico |
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2022-06-20T13:52:02Z |
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2022-06-20T13:52:02Z |
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Revistas |
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