| By: |
Hakan Yilmazkuday (Department of Economics, Florida International University) |
| Abstract: |
The farmer share of retail prices is shown to be about 16 percent,
corresponding to about 84 percent of a distribution share, on average across
agricultural products and regions within Turkey. The share of transportation
costs in retail prices is only about 7 percent, while the share of retail
margins is about 77 percent of retail prices. The dispersion of retail prices
across regions is shown to be mostly due to local wages and variable markups,
while the contribution of traded-input prices is relatively small.
Accordingly, the high dispersion of farmer prices across locations is not
reflected in the dispersion of retail prices due to the high contribution of
retail margins. These retail margins are also shown to account for about one
third of the consumer welfare dispersion across regions and more than half of
the consumer welfare dispersion across products. |
| Keywords: |
Agricultural Prices, Farmer Share, Distribution Share, Retail Margins, Consumer Welfare Dispersion |
| JEL: |
L81 Q11 R12 |
| Date: |
2018–04 |
| URL: |
http://d.repec.org/n?u=RePEc:fiu:wpaper:1802&r=cwa |