Retail coffee pricing dynamics in Argentina

Our study examines the impact of different attributes on the dynamic pricing of retail coffee in Argentina. Coffee emerges as a special case of an imported commodity with increasing demand in the past years. We focus on weekly price changes given the prevailing inflation, a context that alters relat...

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Bibliographic Details
Published inSN Business & Economics Vol. 3; no. 8
Main Authors Larrosa, Juan M. C., Meller, Leandro, Uriarte, Juan I., Ramírez Muñoz de Toro, Gonzalo R.
Format Journal Article
LanguageEnglish
Published Cham Springer International Publishing 29.07.2023
Subjects
Business and Management
Economics
Finance
Original Article
D40
Argentina
Inflation
L81
Pricing
Seasonality
Coffee
Webscraping
L66
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Summary:Our study examines the impact of different attributes on the dynamic pricing of retail coffee in Argentina. Coffee emerges as a special case of an imported commodity with increasing demand in the past years. We focus on weekly price changes given the prevailing inflation, a context that alters relative price. The estimations associates price changes with attributes, cost, and time-related variables. At this time–frequency, estimations identify marketing practices prevailing in the sector. We use dynamic panel data models with instrumental variables dealing with endogeneity problems. Significant effects are detected in packaging, brand, grain, and variants on coffee pricing by undershooting or overshooting in price adjustments. We also detect weekly, monthly, and cycle effects (including the SARSCoV2 lockdown).
ISSN:2662-9399
2662-9399
DOI:10.1007/s43546-023-00527-z