List of Articles Houck Method

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  1 - Determination of The Price Transmission Mechanism in Shrimp Market of Iran (Application of Bivariate GARCH Model)
  ali akbar baghestani reza rahimi
  Abstract The main objective of this paper is determination of the price transmission mechanism in shrimp market of Iran by using bivariate GARCH model. The monthly data during 1380:1-1394:4 was used. The results indicated that the rate of change in retail prices is part More

  Abstract The main objective of this paper is determination of the price transmission mechanism in shrimp market of Iran by using bivariate GARCH model. The monthly data during 1380:1-1394:4 was used. The results indicated that the rate of change in retail prices is partially causes changes in wholesale prices. So that one unit increase in the retail price index would increase less than one unit (0.2 units) Wholesale Price Index. Therefore, the price transmission in shrimp market is imperfect. The result of Houck method indicated that price transmission in the shrimp market is asymmetric and, speed of transmission in increasing price is more than decreasing prices. Therefore, according to the policy of reforming Shrimp imperfect market, the government must attended to non-price supporting Policies. Manuscript profile