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Demand And Price-Markup Functions For Canned Cling Peaches And Fruit Cocktail

Author

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  • French, Ben C.
  • King, Gordon A.

Abstract

This study formulates and estimates a six-equation model for canned cling peaches and fruit cocktail in which processors are viewed as price setters, with qualities not sold at the set price carried over to the next year. The system consists of two price-markup equations, two quantity-dependent demand equations and two inventory change identities. The three-stage least squares estimation results tend to support the behavioral hypotheses.

Suggested Citation

  • French, Ben C. & King, Gordon A., 1986. "Demand And Price-Markup Functions For Canned Cling Peaches And Fruit Cocktail," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 11(1), pages 1-11, July.
    • Handle: RePEc:ags:wjagec:32541
    DOI: 10.22004/ag.econ.32541
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    File URL: https://ageconsearch.umn.edu/record/32541/files/11010008.pdf
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    Citations

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    Cited by:

    1. Buccola, Steven T., 1989. "Pricing Efficiency In Agricultural Markets: Issues, Methods, And Results," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 14(1), pages 1-11, July.
    2. Kinnucan, Henry W. & Sindelar, Scott & Wineholt, David & Hatch, L. Upton, 1988. "Processor Demand And Price-Markup Functions For Catfish: A Disaggregated Analysis With Implications For The Off-Flavor Problem," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 20(2), pages 1-12, December.
    3. Dunmore, John & Bernstein, Jason & Calvin, Linda & Morath, Todd & Vollrath, Thomas, 1999. "Competition in the Canned Peach Industry," Staff Reports 278833, United States Department of Agriculture, Economic Research Service.
    4. Peterson, Hikaru Hanawa & Willett, Lois Schertz, 2000. "U.S. Kiwifruit Industry Model: Annual Supply And Monthly Demand," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 32(3), pages 1-13, December.
    5. Hanawa, Hikaru & Willett, Lois Schertz & Tomek, William G., 1997. "An Econometric Analysis of the U.S. Kiwifruit Industry: Annual and Monthly Factors," Research Bulletins 122721, Cornell University, Department of Applied Economics and Management.
    6. French, Ben C. & King, Gordon A., 1988. "Dynamic Economic Relationships in the California Cling Peach Industry," Research Reports 251938, University of California, Davis, Giannini Foundation.
    7. French, Ben C. & Eryilmaz, Ali & Blackman, Kathryn, 1991. "Estimates Of Demand Relationships For Apricots And Apricot Products," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 16(2), pages 1-15, December.
    8. French, Ben C. & Willett, Lois Schertz, 1989. "An Econometric Model of the U.S. Asparagus Industry," Research Reports 251937, University of California, Davis, Giannini Foundation.

    More about this item

    Keywords

    Demand and Price Analysis;

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