Cost Pass-Through in the U.S. Coffee Industry

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英文名称：

Cost Pass-Through in the U.S. Coffee Industry

作者：

Ephraim Leibtag; Alice Nakamura; Emi Nakamura; Dawit Zerom

工作单位：

USDA's Economic Research Service

来源地址：

https://www.ers.usda.gov/publications/pub-details/?pubid=45774

关键词：

Coffee;  retail prices;  pass-through;  manufacturer prices;  price-cost relationship; 

年份：

2007

出版地：

Washington, DC, USA

总页数：

28 pp

语种：

English

摘要：

A rich data set of coffee prices and costs was used to determine to what extent changes in commodity costs affect manufacturer and retail prices. On average, a 10-cent increase in the cost of a pound of green coffee beans in a given quarter results in a 2-cent increase in manufacturer and retail prices in the current quarter. If a cost change persists for several quarters, it will be incorporated into manufacturer prices approximately cent-for-cent with the commodity-cost change. Given the substantial fixed costs and markups involved in coffee manufacturing, this translates into about a 3-percent change in retail prices for a 10-percent change in commodity prices. Coffee manufacturers do not appear to take advantage of manufacturing and production cost variation to raise retail prices; retail prices respond the same to both increases and decreases in costs of coffee beans.