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Food markets performance under the COVID-19 pandemic: a case study of meat industry in Iran

GND
1189947838
ORCID
0000-0001-5516-7965
Affiliation
Thünen Institute of Market Analysis, Braunschweig, Germany
Zamani, Omid;
GND
1169350674
Affiliation
Department of Agricultural Market Analysis, Institute of Agricultural Economics, Christian-Albrechts-University Kiel, Kiel, Germany
Bittmann, Thomas;
GND
11272518X
Affiliation
Department of Agricultural Market Analysis, Institute of Agricultural Economics, Christian-Albrechts-University Kiel, Kiel, Germany
Loy, Jens-Peter

This paper presents empirical evidence of the potential impact of the COVID-19 pandemic on the price structure and dynamics within two food value chains. Different proxies are applied to high-frequency panel data of beef and poultry prices in Iran. Results show that during the COVID-19 pandemic increased markups are associated with reduced cost pass-through along the value chains of beef and poultry in Iran. The results indicate that the COVID-19 pandemic induces market frictions on the supply and demand side, which decreases market performance.

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