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dc.contributor.authorVargova, Lucia
dc.contributor.authorRajcaniova, Miroslava
dc.date.accessioned2019-02-25T09:41:36Z
dc.date.available2019-02-25T09:41:36Z
dc.date.issued2018
dc.identifier.citationTrendy v podnikání = Business trends : vědecký časopis Fakulty ekonomické ZČU v Plzni. 2018, roč. 8, č. 4, s. 19-27.cs
dc.identifier.issn1805-0603
dc.identifier.urihttp://hdl.handle.net/11025/31052
dc.identifier.urihttps://drive.google.com/drive/folders/1EVyVpjEVb-0tiezRy2SFgpBKzg5EbCPe
dc.description.sponsorshipThis work was supported by the Slovak Research and Development Agency under the contract No. APVV-15-0552.en
dc.format9 s.cs
dc.format.mimetypeapplication/pdf
dc.language.isoenen
dc.publisherZápadočeská univerzita v Plznics
dc.relation.ispartofseriesTrendy v podnikánícs
dc.rights© Západočeská univerzita v Plznics
dc.subjectprostorový přenos cencs
dc.subjectkointegracecs
dc.subjectprodukce mlékacs
dc.titleSpatial price transmission of milk prices among Visegrad countriesen
dc.typečlánekcs
dc.typearticleen
dc.rights.accessopenAccessen
dc.type.versionpublishedVersionen
dc.description.abstract-translatedWhen trading with homogenous goods, consumers are not able to distinguish between individual goods and thus are not willing to pay a higher price, if the same product is available for lower price. This leads to an interesting effect, when prices of homogenous goods in different locations in an open market tend to get closer. It is the result of the so-called Law of one price. Because of the Law of one price, producers are affected not only by vertical price transmission but also horizontally. The aim of this paper is to assess the linkage and patterns among the prices of cow's raw milk in the V4 countries. We apply the price transmission methodology, such as unit root tests, cointegration tests and error correction models. Monthly data for producer prices of raw milk are used, covering the period from January 2005 to June 2017. Our results confirm the existence of the Law of one price when milk producer prices in different locations are co-integrated.en
dc.subject.translatedspatial price transmissionen
dc.subject.translatedcointegrationen
dc.subject.translatedmilk productionen
dc.identifier.doihttps://doi.org/10.24132/jbt.2018.8.4.19_27
dc.type.statusPeer-revieweden
Vyskytuje se v kolekcích:Číslo 4 (2018)
Číslo 4 (2018)

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