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Demand Analysis of the Sydney Banana Market

Author

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  • Stuckey, John A.
  • Anderson, Jock R.

Abstract

The demand for bananas on the Sydney market is studied at both wholesale and retail using time series data at wholesale and cross-section data at retail. The cross-section data come from a pricing experiment in Sydney supermarkets. Estimates of price elasticity of demand are presented for wholesale and retail; comparisons are made and several variables affecting demand are identified.

Suggested Citation

  • Stuckey, John A. & Anderson, Jock R., 1974. "Demand Analysis of the Sydney Banana Market," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 42(01), pages 1-15, March.
    • Handle: RePEc:ags:remaae:9674
    DOI: 10.22004/ag.econ.9674
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    References listed on IDEAS

    as
    1. Phillips, John, 1967. "Demand Structure and Supply Control of Bananas," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 35(01), pages 1-4, March.
    2. James P. Houck, 1966. "A Look at Flexibilities and Elasticities," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 48(2), pages 225-232.
    3. Waugh, Frederick V., 1964. "Demand and Price Analysis: Some Examples from Agriculture," Technical Bulletins 171213, United States Department of Agriculture, Economic Research Service.
    4. James P. Houck, 1965. "The Relationship of Direct Price Flexibilities to Direct Price Elasticities," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 47(3), pages 789-792.
    5. Paul M. Sweezy, 1939. "Demand Under Conditions of Oligopoly," Journal of Political Economy, University of Chicago Press, vol. 47(4), pages 568-568.
    6. R. L. Hall & C. J. Hitch, 1939. "Price Theory And Business Behaviour," Oxford Economic Papers, Oxford University Press, vol. 0(1), pages 12-45.
    7. George J. Stigler, 1947. "The Kinky Oligopoly Demand Curve and Rigid Prices," Journal of Political Economy, University of Chicago Press, vol. 55(5), pages 432-432.
    8. van der Meulen, John, 1958. "The Demand for Bananas in the Sydney Wholesale Market," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 26(03), pages 1-10, September.
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    Cited by:

    1. Chia Chiun Ko & Paul Frijters & Gigi Foster, 2018. "A Tale of Cyclones, Exports and Surplus Forgone in Australia's Protected Banana Industry," The Economic Record, The Economic Society of Australia, vol. 94(306), pages 276-300, September.
    2. 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.
    3. James, Sallie & Anderson, Kym, 1998. "On the need for more economic assessment of quarantine/SPS policies," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 42(4), pages 1-20.

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    Keywords

    Demand and Price Analysis;

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