韓牛産地價格變動에 대한 精肉消費者價格反應分析 = An Analysis of Beef Retail Price Responses to the Variabilities in the Korean Cattle Farm Prices

다국어 초록 (Multilingual Abstract)

During the period of January 1984-December 1988 the chance of increases in Korean cattle farm prices was 47 percent and that of decreases was 53 percent. While the chance of increases in beef retail prices was 47 percent and that of decreases was 53 precent.
During the period when the Korean cattle farm prices increased the chance of increases in beef retail price was 75 percent and that of decreases was 25 percent. When the cattle farm prices decreased the -chance of increases in beef retail price was 22 percent and that of decreases was 78 percent. The monthly average rate of increases in cattle farm prices was 4.2 percent and that of decreases was -3.4 percent. The monthly average rate of increases in beef retail prices was 3.2 percent and that of decreases was -2.1 percent.
Over long term cattle farm prices and beef retail prices did move together. During most of the latter part of the year, cattle farm prices moved out ahead of beef retail prices but narrowed again toward the very end of the year. The variability in cattle farm prices was greater relatively than at retail.