Abstract
With the basic knowledge of different marketing system in Myanmar and Japan, this study focuses on the empirical test to find out the number of distributed lags the retail price had, from wholesale price for some selected vegetables. Using monthly data for three years (2001-2003), The Almon Distributed Lag Model, introduced by Shirlay Lamon (1965), was applied in order to verify the number of lags in Myanmar and Japan. Following the introduction about the marketing behavior in both countries, the methodological framework, results, and discussions with some concluding remarks were conducted in this paper. The results evidenced that there was a lag from wholesale to retail price in Myanmar for all crops. However, in Japan, there was no lag for very perishable crops like tomato and cabbage, but with a lag for less perishable crops of potato and onion. The lags of price responses for very perishable crops in Myanmar showed the weakness of price formation process due to inefficient marketing system. It has been suggested that the efficiency in Myanmar can be improved by 1) increasing the volume of business; 2) introducing in wholesale markets with effective laws; 3) upgrading modern retailing system; and 4) facilitating the construction of information, infrastructure and transportation systems.
| Original language | English |
|---|---|
| Pages (from-to) | 139-146 |
| Number of pages | 8 |
| Journal | Journal of the Faculty of Agriculture, Kyushu University |
| Volume | 51 |
| Issue number | 1 |
| Publication status | Published - Feb 1 2006 |
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All Science Journal Classification (ASJC) codes
- Biotechnology
- Agronomy and Crop Science
Cite this
The study of price behavior of vegetable markets in Myanmar and Japan. / Myae, Aye Chan; Yutaka, Tomoyuki; Fukuda, Susumu; Kai, Satoshi.
In: Journal of the Faculty of Agriculture, Kyushu University, Vol. 51, No. 1, 01.02.2006, p. 139-146.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - The study of price behavior of vegetable markets in Myanmar and Japan
AU - Myae, Aye Chan
AU - Yutaka, Tomoyuki
AU - Fukuda, Susumu
AU - Kai, Satoshi
PY - 2006/2/1
Y1 - 2006/2/1
N2 - With the basic knowledge of different marketing system in Myanmar and Japan, this study focuses on the empirical test to find out the number of distributed lags the retail price had, from wholesale price for some selected vegetables. Using monthly data for three years (2001-2003), The Almon Distributed Lag Model, introduced by Shirlay Lamon (1965), was applied in order to verify the number of lags in Myanmar and Japan. Following the introduction about the marketing behavior in both countries, the methodological framework, results, and discussions with some concluding remarks were conducted in this paper. The results evidenced that there was a lag from wholesale to retail price in Myanmar for all crops. However, in Japan, there was no lag for very perishable crops like tomato and cabbage, but with a lag for less perishable crops of potato and onion. The lags of price responses for very perishable crops in Myanmar showed the weakness of price formation process due to inefficient marketing system. It has been suggested that the efficiency in Myanmar can be improved by 1) increasing the volume of business; 2) introducing in wholesale markets with effective laws; 3) upgrading modern retailing system; and 4) facilitating the construction of information, infrastructure and transportation systems.
AB - With the basic knowledge of different marketing system in Myanmar and Japan, this study focuses on the empirical test to find out the number of distributed lags the retail price had, from wholesale price for some selected vegetables. Using monthly data for three years (2001-2003), The Almon Distributed Lag Model, introduced by Shirlay Lamon (1965), was applied in order to verify the number of lags in Myanmar and Japan. Following the introduction about the marketing behavior in both countries, the methodological framework, results, and discussions with some concluding remarks were conducted in this paper. The results evidenced that there was a lag from wholesale to retail price in Myanmar for all crops. However, in Japan, there was no lag for very perishable crops like tomato and cabbage, but with a lag for less perishable crops of potato and onion. The lags of price responses for very perishable crops in Myanmar showed the weakness of price formation process due to inefficient marketing system. It has been suggested that the efficiency in Myanmar can be improved by 1) increasing the volume of business; 2) introducing in wholesale markets with effective laws; 3) upgrading modern retailing system; and 4) facilitating the construction of information, infrastructure and transportation systems.
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UR - http://www.scopus.com/inward/citedby.url?scp=33644904587&partnerID=8YFLogxK
M3 - Article
AN - SCOPUS:33644904587
VL - 51
SP - 139
EP - 146
JO - Journal of the Faculty of Agriculture, Kyushu University
JF - Journal of the Faculty of Agriculture, Kyushu University
SN - 0023-6152
IS - 1
ER -