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Sydney Meat Marketing Margins - An Econometric Analysis

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  • Griffith, Garry R.

Abstract

Simultaneous equation techniques are used to examine the behaviour of wholesale and retail margins for beef, lamb, mutton and pork in Sydney. Hypotheses tested relate to price levelling and price averaging, and to marketing cost and turnover effects. Additionally, an attempt is made to discern the differences, if any, in the determination of retail margins between high- and low-income locations, and between traditional butcheries and supermarkets.

Suggested Citation

  • Griffith, Garry R., 1974. "Sydney Meat Marketing Margins - An Econometric Analysis," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 42(04), pages 1-17, December.
    • Handle: RePEc:ags:remaae:9143
    DOI: 10.22004/ag.econ.9143
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    References listed on IDEAS

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    1. Ray A. Goldberg, 1965. "Marketing Costs and Margins: Current Use in Agribusiness Market-Structure Analysis," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(5), pages 1352-1365.
    2. Wayne A. Fuller & George W. Ladd, 1961. "A Dynamic Quarterly Model of the Beef and Pork Economy," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 43(4_Part_I), pages 797-812.
    3. Freebairn, John W., 1973. "Some Estimates of Supply and Inventory Response Functions for the Cattle and Sheep Sector of New South Wales," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 41(02-3), pages 1-38, June.
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    Citations

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    Cited by:

    1. Sibly, Hugh, 2002. "Loss averse customers and price inflexibility," Journal of Economic Psychology, Elsevier, vol. 23(4), pages 521-538, August.
    2. Griffith, G.R., 2000. "Competition in the Food Marketing Chain," 2000 Conference (44th), January 23-25, 2000, Sydney, Australia 171911, Australian Agricultural and Resource Economics Society.
    3. Freebairn, John W., 1981. "Assessing Some Effects Of Inflation On The Agricultural Sector," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 25(2), pages 1-16, August.
    4. Richardson, Robert A., 1976. "Structural Estimates Of Domestic Demand For Agricultural Products In Australia: A Review," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 44(03), pages 1-30, September.
    5. Parton, Kevin A., 1978. "An Appraisal Of A Buffer Fund Scheme For Beef: Reply," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 22(2-3), pages 1-2, August.
    6. Griffith, Garry R. & Giles, L.R., 1977. "Pig Carcase Pricing Models: A Preliminary Investigation," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 45(04), pages 1-13, December.
    7. John W. Freebairn & Fred H.G. Gruen, 1977. "Marketing Australian Beef And Export Diversification Schemes," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 21(1), pages 26-39, April.
    8. Griffith, Garry & Dambui, Charles & Mounter, Stuart, 2023. "A Model of Farm Price Levelling when Variability comes from Export Demand, Illustrated with Coffee Marketing Margin Data in Papua New Guinea, 1999-2010," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 14(03), September.
    9. Chenhall, Daranee & Fraser, Rob W., 1990. "Beef Quality Preferences in Western Australia," 1990 Conference (34th), February 13-15, 1990, Brisbane, Australia 144924, Australian Agricultural and Resource Economics Society.
    10. Naughtin, John C. & Quilkey, John J., 1979. "Pricing Efficiency In The Retail Meat Market," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 23(1), pages 1-14, April.
    11. Griffith, Garry R. & Green, W. & Duff, G.L., 1991. "Another Look at Price Levelling and Price Averaging in the Sydney Meat Market," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 59(02), pages 1-13, August.
    12. Griffith, Garry R., 1975. "A Cross-Spectral Approach To Measuring Pricing Efficiency In The New South Wales Pigmeat Market," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 43(04), pages 1-21, December.
    13. Hugh Sibly, 1995. "Price Dynamics in Repeat‐Purchase Markets," The Economic Record, The Economic Society of Australia, vol. 71(2), pages 179-190, June.
    14. Griffith, Garry R. & Jamandre, W.E. & Piggott, Roley R., 1992. "A Note on Price Levelling and Price Averaging in Sydney Retail Vegetable Price Spreads," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 60(01), pages 1-13, April.
    15. Zhao, Xueyan & Griffith, Garry R. & Mullen, John D., 1996. "The Competitive Structure of the Australian Meat and Livestock Industries," 1996 Conference (40th), February 11-16, 1996, Melbourne, Australia 156589, Australian Agricultural and Resource Economics Society.
    16. Parton, Kevin A., 1978. "An Appraisal Of A Buffer Fund Scheme For Beef," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 22(1), pages 1-13, April.
    17. Griffith, Garry R. & Moore, Walter B., 1991. "Livestock Production Policies And Meat Processing Margins: The Case Of New Zealand, 1967-1988," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 35(1), pages 1-28, April.

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    Keywords

    Livestock Production/Industries;

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