Document Type : Research Paper
Author
Abstract
Red meat and chicken meat are of crucial importance in Irans’ house holds food baskets. An increase in the price of red meat has an increasing direct effect on chicken meat. Meat market is very fluctuating but due to liberalization and the elimination of government intervention the market is usually balanced. In this paper the structure of price changes and the relation between whole sale and retail sale prices have been investigated and analyzed by using ARDL & ECM modeling. The results show that the elasticity of this reaction is about 1-15. One may conclude that the main reason for price changes is the price changes in the whole sale market, which is to be considered as of a great importance by policy makers to have a balanced market.
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