• Journal of the Korea Academia-Industrial cooperation Society
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• v.19 no.3
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• pp.376-381
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• 2018

The purpose of this study is to investigate price transmissions between wholesale and retail markets regarding Jeju tangerines by employing co-integration analysis and vector error correction model. The results of this study are summarized as follows: First, the long-run equilibrium relationship was found among wholesale and retail markets in time series for level by distribution channel. Second, a short-run causality relationship was observed between wholesale and retail markets. Third, the long-run causality relationship between wholesale market and retail markets was found bidirectional and feedback effect. These results imply that the wholesale price performs a central role in establishing price in the tangerine market, and the wholesale market influences tangerine price. In conclusion, for the development of a competitive tangerine industry, it is necessary to aggressively promote the policy of supply and demand control of tangerine production through organizing producers.

• Environmental and Resource Economics Review
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• v.17 no.4
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• pp.813-843
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• 2008

This paper investigates the presence of long-run and short-run price asymmetries in weekly gasoline prices from January 1997 to July 2008. In accordance with distribution channels, wholesale and retail stages are analyzed separately. An approach based on TAR and M-TAR cointegration tests, which entail matching asymmetric ECMs, is employed. For wholesale prices, asymmetries in the links with crude oil prices and exchange rates are found for both ECMs in the long-run and short-run. Exchange rates appear to play more significant role than crude oil prices in explaining the short-run price asymmetry. The rise in crude oil prices or exchange rates has statistically significant major impact on the increase of wholesale prices on the second week, not immediately as expected in the concept of 'rockets and feathers'. And asymmetrically, the fall does not have any statistically significant effect on the same period. The finding seems to be somewhat unusual. However, for retail prices, asymmetry m connection with wholesale prices is only revealed in the long-run. A symmetric price adjustment can be assumed in the short-run. Contrary to the long-run asymmetry found in the wholesale stage, in the retail stage, the speed of adjustment for negative deviations toward long-run equilibrium is faster than for positive ones, which is a phenomenon not favorable to consumers.

• The Korea Swine Journal
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• v.20 no.12 s.232
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• pp.62-63
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• 1998

농림부는 지난 11월 10일 도매시장 돼지평균가격 산정방법을 개선하여 '98년 12월부터 가격발표 방식을 변경할 수 있도록 시.도 등 관련기관에 협조를 요청했다. 농림부는 각 시.도, 본회, 축산물등급판정소, 육류수출입협회 등 관련기관에 공문을 보내 "현행 도매시장 전체평균가격 정산제도에 미흡한 점이 있어 비육돈 평균가격 기준으로 정산방법을 바꾸도록 유도한다"고 밝히고, "시.도 및 관계기관에서는 도매시장에 조속히 알려 '98년 12월부터 가격발표 방식을 변경하도록 협조하여 줄 것"과 "적정지급률이 만들어 지도록 관내 육가공업체와 농가간에 공청회, 간담회 등을 개최하여 여론형성을 하고, 그 결과를 알려줄 것" 등을 요청했다. 다음은 농림부의 도매시장 돼지평균가격 산정방법 개선내용이다.

• Proceedings of the Korea Information Processing Society Conference
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• 2017.11a
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• pp.706-708
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• 2017

노지에서 재배되는 실외작물의 경우 외부 환경에 노출되어 재배되기에 생육 또는 수학시기가 외부 요인에 많은 영향을 받는다. 이러한 외부 요인 중 과일의 당도 및 수확량에 많은 영향을 미치는 요인은 바로 날씨이다. 고온의 날씨 또는 저온의 날씨가 지속되거나 강한 풍속, 적절한 강수가 이루어지지 않을 경우 과일의 당도가 낮아지거나, 흠집이 발생할 수 있어 과일 도매가격에 영향을 미치게 된다. 본 논문에서는 월별 평균 온도, 강우량, 습도, 일사량, 최대풍속 등의 날씨 관련 데이터와 제사 또는 명절에 자주 사용되는 과실류인 배, 단감, 사과, 수박의 도매가격간의 상관관계를 분석을 통해 얻은 결과로 추후 농산물 가격 예측 또는 과일 가격 예측 연구에 기여를 하고자 한다.

• Environmental and Resource Economics Review
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• v.13 no.3
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• pp.417-440
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• 2004

For the behavior of the wholesale spot price, a regime switching model with time-varying transition probabilities was estimated using the data from the PJM (Pennsylvania-New Jersey-Maryland) market. By including the temperature as an explanatory variable in the transition probability equations, the threshold effect of changing regime is clearly enhanced. And hence the predictability of the price spikes was improved. This means that the model showed a very clear threshold effect, with a low probability of switching for low loads and low temperatures and a high probability for high loads and high temperatures. And temperature showed a clearer threshold effect than load does. This implies that weather-related contracts may help to hedge against the risk in the cost of buying electricity during a summer.

• The Korea Swine Journal
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• v.8 no.11 s.87
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• pp.169-169
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• 1986

• The Korea Swine Journal
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• v.8 no.4 s.80
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• pp.55-55
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• 1986

• The Korea Swine Journal
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• v.8 no.10 s.86
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• pp.173-173
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• 1986

• The Korea Swine Journal
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• v.8 no.12 s.88
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• pp.149-149
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• 1986

• The Korea Swine Journal
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• v.8 no.6 s.82
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• pp.51-51
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• 1986