000			01205naa a2200193Ia 4500
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001			art0843
100			_aReeder, Meyra M.
245			_aAsymmetric prices: _bimplications on trader's market power in Philippine rice /
300			_ap.49
490			_aVol. 27 No. 1 First Sem 2000
520			_aContrary to the commonly held notion that the market power exercised by a handful of unscrupulous traders in the local market has resulted unnecessary hike in prices, this paper presents evidence against this allegation. Findings show that market shocks originate at the farm level that are transmitted as price changes at the wholesale market before it is reflected at the retail market. In addition, symmetry test cannot confirm the presence of market power among Filipino traders. Nevertheless, estimation of price symmetry model does not lend credence to the claim that government's absence in the market can lead to chaos.
650			_aRice
650			_aMarket power
650			_aRetail market
773			_w0115-9143 _tJournal of Philippine Development
856			_uhttp://dirp4.pids.gov.ph/ris/pjd/pidsjpd00-1rice.pdf
942			_cART _2MT
999			_c7273 _d7273