Jaén, España
El estrechamiento de márgenes comerciales en la cadena agroalimentaria de los aceites de oliva en España obliga a las empresas del sector a operar de forma más eficiente, sobre todo en el mercado de origen, dada su posición abastecedora de materia prima. Este trabajo estudia las relaciones de causalidad entre los precios de las calidades de aceites de oliva comercializadas en dicho mercado, a partir de la teoría de cointegración y el Modelo de Corrección del Error, concluyendo que la calidad virgen es el aceite líder, pudiendo utilizarse como variable predictiva del comportamiento de precios.
Olive oil is a strategic sector in Spanish agriculture, as a main producer country in the world and as a symbolic product for Spanish society (in terms of economy and culture). However, in the last decade olive oil sector is supporting very low commercial margins and it has important problems of profitability. In a context where retail distribution plays an essential role in final price fixing and, therefore, in the total shared amount by all sector agents, the effectiveness of buy-and-sale strategies along the chain influences the commercial results of the different agents.
In particular, the main income of olive oil producers comes from oil marketing in the market of origin, which integrates the maximum percentage of dealings (80%). The commercial operations in this market are the references for price negotiations in other levels of the agri-food chain, for example, with distributors. In this scene, Andalusia has a predominant role because it concentrates the Spanish production of olive oils (72,40%). So, the trading operations in this area determine, in part, the national price level and they have a high influence in worldwide prices.
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