IDEAS home Printed from https://ideas.repec.org/a/ags/remaae/9674.html
   My bibliography  Save this article

Demand Analysis of the Sydney Banana Market

Author

Listed:
  • 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
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/9674/files/42010056.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.9674?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    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.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    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.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Currarini, Sergio & Marini, Marco, 2011. "Kinked norms of behaviour and cooperation," Economics Letters, Elsevier, vol. 110(3), pages 223-225, March.
    2. Michael Bradfield, 2007. "The Kinked Demand Curve with a Conjectural Hitch – A Micro Extension with Macro Implications," Working Papers daleconwp2007-05, Dalhousie University, Department of Economics.
    3. Sen, Debapriya, 2004. "The kinked demand curve revisited," Economics Letters, Elsevier, vol. 84(1), pages 99-105, July.
    4. Ortmann, G. F., 1982. "Demand Analysis Of Vegetables And Subtropical Fruit In South Africa," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 21(2), October.
    5. Rudel, R.K. & Creek, C.R. & Walsh, R.G., 1972. "Advertised and Instore Specials: A Kinked Oligopoly Demand Theory of Supermarket Behavior," WAEA/ WFEA Conference Archive (1929-1995) 323732, Western Agricultural Economics Association.
    6. Crawford, Gregory S. & Deer, Lachlan & Smith, Jeremy & Sturgeon, Paul, 2017. "The Regulation of Public Service Broadcasters : Should there be more advertising on television?," Economic Research Papers 269092, University of Warwick - Department of Economics.
    7. Alexander L. Wolman, 2007. "The frequency and costs of individual price adjustment," Managerial and Decision Economics, John Wiley & Sons, Ltd., vol. 28(6), pages 531-552.
    8. Houck, James P., 1974. "The Short-Run Impact Of Beef Imports On U.S. Meat Prices," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 18(1), pages 1-13, April.
    9. Surendra K. Kaushik & William L. Casey Jr., 1982. "The Kinked-Demand Model of Oligopoly: Textbook Departures from the Original Sweezy Model," The American Economist, Sage Publications, vol. 26(2), pages 25-32, October.
    10. Kimolo, Deogratius, 2018. "Price adjustment behaviour of manufacturing and service sector firms in Tanzania: a survey evidence of price stickiness," MPRA Paper 114941, University Library of Munich, Germany.
    11. Luís Cabral, 2016. "Living Up to Expectations: Corporate Reputation and Persistence of Firm Performance," Strategy Science, INFORMS, vol. 1(1), pages 2-11, March.
    12. Cornell, Laurence D. & Sorenson, Vernon L., 1986. "Implications of Structural Change in U.S. Demand for Meat on U.S. Livestock and Grain Markets," Agricultural Economic Report Series 201355, Michigan State University, Department of Agricultural, Food, and Resource Economics.
    13. R. Rothschild, 2010. "Kinked Demand Curves," Chapters, in: Mark Blaug & Peter Lloyd (ed.), Famous Figures and Diagrams in Economics, chapter 19, Edward Elgar Publishing.
    14. Richards, Timothy J. & Gómez, Miguel I. & Printezis, Iryna, 2014. "Hysteresis, Price Acceptance, and Reference Prices," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 164872, Agricultural and Applied Economics Association.
    15. Cynthia L. Doniger & J. David López-Salido, 2017. "Hysteresis via Endogenous Rigidity in Wages and Participation," Finance and Economics Discussion Series 2017-044, Board of Governors of the Federal Reserve System (U.S.).
    16. Hancock, P. J. & Nieuwoudt, W. L. & Lyne, M. C., 1984. "Demand Analysis Of Meats In South Africa," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 23(2), October.
    17. Garrod, Luke, 2012. "Collusive price rigidity under price-matching punishments," International Journal of Industrial Organization, Elsevier, vol. 30(5), pages 471-482.
    18. Ahrens, Steffen & Pirschel, Inske & Snower, Dennis J., 2017. "A theory of price adjustment under loss aversion," Journal of Economic Behavior & Organization, Elsevier, vol. 134(C), pages 78-95.
    19. Jaylson Jair da Silveira & Gilberto Tadeu Lima, 2016. "Effort Elicitation, Wage Differentials and Income Distribution in A Wage-Led Growth Regime," Metroeconomica, Wiley Blackwell, vol. 67(1), pages 44-75, February.
    20. ., 2013. "Variations in the fitness of firms, dynamic economic performance, and vulnerability," Chapters, in: Competition, Diversity and Economic Performance, chapter 10, pages 202-217, Edward Elgar Publishing.

    More about this item

    Keywords

    Demand and Price Analysis;

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:remaae:9674. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aaresea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.