El precio mundial del café y su efecto en el precio minorista para las cinco principales ciudades de Colombia
This study examines the relationship between the international coffee price and retail coffee prices in the five main cities in Colombia through cointegration tests, Granger causality tests, and impulse-response functions. The evidence points to the existence of a long-term relationship between the...
- Autores:
-
Alonso-Cifuentes, Julio César
Estrada-Nates, Daniela
- Tipo de recurso:
- Article of journal
- Fecha de publicación:
- 2016
- Institución:
- Universidad Católica de Colombia
- Repositorio:
- RIUCaC - Repositorio U. Católica
- Idioma:
- spa
- OAI Identifier:
- oai:repository.ucatolica.edu.co:10983/17002
- Acceso en línea:
- https://hdl.handle.net/10983/17002
- Palabra clave:
- CAFÉ
COLOMBIA
COINTEGRACIÓN
CAUSALIDAD A LA GRANGER
FUNCIÓN IMPULSO-RESPUESTA
- Rights
- openAccess
- License
- Derechos Reservados - Universidad Católica de Colombia, 2016
| Summary: | This study examines the relationship between the international coffee price and retail coffee prices in the five main cities in Colombia through cointegration tests, Granger causality tests, and impulse-response functions. The evidence points to the existence of a long-term relationship between the retail prices in the five main cities and the world coffee price. This relationship has a unidirectional causality of international coffee prices to retail coffee prices. The magnitude of the transmission of the international global price remains for 36 months or more for most retail coffee prices. |
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