Abstract
The purpose of this study is to investigate asymmetric price transmission(APT) between wholesale and retail prices of tangerine considering structural changes from 2003 to 2021 in Korea. The APT test results show that asymmetry appeared in the tangerine market, but the test results are different depending on hypothesis types and periods. These results suggest that the tangerine market is not perfectly competitive and that the types of APT changed during the sample period.
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