Table 1 Literature review of existing vertical milk price transmission studies
From: Vertical price transmission in Swiss dairy and cheese value chains
Authors | Time period | Method | Region | Level | Products | Frequ. | Coint. | Asymm. |
|---|---|---|---|---|---|---|---|---|
Acosta and Valdés (2014) | 1991–2011 | Asymm. ECM | Panama | F, W | Milk | Monthly | Yes | Positive |
Antonioli et al. (2019) | 2001–2015 | Asymm. VECM (TAR/MTAR) | Italy | Pr, R | Milk (organic) | Monthly | Yes | No |
Antonioli and Santeramo (2017) | 2000–2016 | Asymm. ECM | Italy | Pr, R | Milk | Monthly | Yes | Positive |
Bakucs and Fertő (2008) | 1992–2007 | Gregory-Hansen cointegration | Hungary | F, R | Milk | Monthly | Yes | Positive |
Bakucs et al. (2012) | 1995–2007 | Asymm. VECM | Poland and Hungary | F, R | Milk | Monthly | Yes | Partly |
Bittmann et al. (2017) | 2005–2011 | Panel four-regime ECM | Germany | W, R | Milk | Weekly | Yes | n/a |
Bolotova and Novakovic (2012) | 1991–2008 | 5 New York State cities | F, R | Milk | Monthly | Yes | Positive | |
Bor et al. (2014) | 2003–2012 | Asymm. ECM | Turkey | F, R | Milk | Monthly | Yes | Positive |
Capps and Sherwell (2007) | 1994–2002 | Asymm. ECM | Seven US cities | F, R | Milk | Monthly | Yes | Positive |
Chavas and Mehta (2004) | 1980–2001 | Asymm. ECM | USA | W, R | Butter | Monthly | Yes | Positive |
De Oliveira et al. (2015) | 2001–2011 | VECM/VAR in first differences | Portugal mainland and Azores | Feed, F, R | Milk | Monthly | Partly | n/a |
Falkowski (2010) | 1995–2006 | Asymm. VECM | Poland | F, R | Milk | Monthly | Yes | Positive |
Fernández-Amador et al. (2010) | 1996–2010 | TVECM | Austria | F, R | Milk, butter, cheese | Monthly | Yes | Positive |
Jaffry and Grigoryev (2011) | 1989a–2010 | Asymm. ECM | UK | F, W, R | Milk, cheddar | Monthly | Yes | Partly |
Kharin (2015) | 2002–2014 | ADL | Russia | F, R | Milk | Monthly | No | n/a |
Kharin et al. (2017) | 2010–2016 | VECM | Slovak Republic | F, Pr, R | Milk | Monthly | Yes | Partly |
Lass (2005) | 1982–2001 | MUM (Kinnucan and Forker 1987) | Boston, MA; Hartford, CT | F, R | Milk | Monthly | Yes | Positive |
Liu et al. (2017) | 2006–2011 | Asymm. VECM | USA | F, R | Milk | Monthly | Yes | Positive |
Loy et al. (2015) | 2005–2008 | Panel TVECM | Germany | W, R | Milk, butter | Weekly | Yes | Positive |
Serra and Goodwin (2003) | 1994–2000 | Asymm. TVECM | Spain | F, R | 14 products | Weekly | Yes | Positive |
Stewart and Blayney (2011) | 2000–2010 | Linear, threshold, and cubic polynomial ECM | USA | F, R | Milk, cheddar | Monthly | Yes | Positive |
Zeng and Gould (2016) | 2001–2011 | Asymm. ECM | 16 US cities | F, R | Milk | Monthly | Yes | Partly |