Work

A time‐varying and frequency‐dependent network of conventional and organic milk markets in France and Germany

Year: 2024

Type: article

Abstract: This work investigates the linkages among conventional and organic milk markets in France and Germany using the flexible TVP‐VAR connectedness approach. Price connectedness tends to be stronger in the spatial than in the quality dimension of the market network. The bulk of the adjustments to incoming price innovations are completed beyond the 3‐month frequency range. Organic milk markets are more likely to be net‐transmitters of shocks to conventional markets. Total connectedness has not been increasing. The strength of price spillovers between market pairs varies widely with time; their pattern does not, thus pointing to a fairly stable internal network structure.

Source: Australian Journal of Agricultural and Resource Economics

DOI: 10.1111/1467-8489.12596

Author: Panos Fousekis

Institution: Aristotle University of Thessaloniki

Language: English

Topic: Economics of Agriculture and Food Markets

Subfield: Economics and Econometrics

Field: Economics, Econometrics and Finance

Domain: Social Sciences

SDG: Zero hunger

Open Access status: hybrid

Estimated APC paid: $2,710