Spatial price transmission in pork market in Serbia

Abstract

© 2019, Universidade Federal Rural de Pernambuco. All rights reserved. Horizontal price transmission is very important issue that has significant influence on agricultural producers and on creators of agricultural policy measures. The main objective of this paper was the estimation of the horizontal price transmission of pork market of the Republic of Serbia. The analysis of the price transmission was related on the examining the impact of pork prices in international market on the domicile pork price with VAR model. The results indicated that in the analysed period pork price in Spain had the biggest impact on pork price in Serbia.