The effects of input prices shocks on the chicken price: nonlinear approach of Markov-switching

Note that the chicken has an importance role in household food needs and many investments come into this industry. Therefore, attention to price Factors and chicken prices formation process can increase efficiency and resource allocation. This study investigate the input prices shocks of "one-day chicken", corn and soybean on the price of slaughtered chicken. whit using the Markov-Switching AR model based on weekly price data from 2008 through 2012. Result shows that price of poultry is a non-linear model, and the inputs of one-day chicken, soybean and corn are entirely effective on it. Moreover, the stability probability in the increase in poultry price regime is more than others.