Measuring Food Product Differentiation by Quality Ratings: A Cross‐Entropy Analysis of Specialty Coffee e‐Auctions
Author
Abstract
Suggested Citation
DOI: 10.1111/j.1477-9552.2009.00225.x
Download full text from publisher
References listed on IDEAS
- Golan, Amos, 2002. "Information and Entropy Econometrics--Editor's View," Journal of Econometrics, Elsevier, vol. 107(1-2), pages 1-15, March.
- H. Gray & John Martin, 1980. "The meaning and measurement of product differentiation in international trade," Review of World Economics (Weltwirtschaftliches Archiv), Springer;Institut für Weltwirtschaft (Kiel Institute for the World Economy), vol. 116(2), pages 322-329, June.
- Sporleder, Thomas L. & Hooker, Neal H. & Shanahan, Christopher J. & Broring, Stefanie, 2008. "Innovation in Food Products: First-mover Strategy and Entropy Metrics," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 11(3), pages 1-26, September.
- C. W. Granger & E. Maasoumi & J. Racine, 2004. "A Dependence Metric for Possibly Nonlinear Processes," Journal of Time Series Analysis, Wiley Blackwell, vol. 25(5), pages 649-669, September.
- Wilson, William W., 1989.
"Differentiation And Implicit Prices In Export Wheat Markets,"
Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 14(01), pages 1-11, July.
- Wilson, William W. & Gallagher, Paul W., 1988. "Differentiation and Implicit Prices in Export Wheat Markets," Staff Papers 146454, North Dakota State University, Department of Agribusiness and Applied Economics.
- Wilson, William W. & Gallagher, Paul, 1988. "Differentiation and Implicit Prices in Export Wheat Markets," Staff Papers 197444, North Dakota State University, Department of Agribusiness and Applied Economics.
- Combris, Pierre & Lecocq, Sebastien & Visser, Michael, 1997. "Estimation for a Hedonic Price Equation for Bordeaux Wine: Does Quality Matter?," Economic Journal, Royal Economic Society, vol. 107(441), pages 390-402, March.
- M. Laura Donnet & Dave D. Weatherspoon & John P. Hoehn, 2008.
"Price determinants in top‐quality e‐auctioned specialty coffees,"
Agricultural Economics, International Association of Agricultural Economists, vol. 38(3), pages 267-276, May.
- Donnet, M. Laura & Weatherspoon, Dave D. & Hoehn, John P., 2007. "Price Determinants in Top Quality E-Auctioned Specialty Coffees," Staff Paper Series 9310, Michigan State University, Department of Agricultural, Food, and Resource Economics.
- Soofi, E. S. & Retzer, J. J., 2002. "Information indices: unification and applications," Journal of Econometrics, Elsevier, vol. 107(1-2), pages 17-40, March.
- Günter Schamel & Kym Anderson, 2019.
"Wine Quality and Varietal, Regional and Winery Reputations: Hedonic Prices for Australia and New Zealand,"
World Scientific Book Chapters, in: Kym Anderson (ed.), The International Economics of Wine, chapter 10, pages 225-253,
World Scientific Publishing Co. Pte. Ltd..
- Günter Schamel & Kym Anderson, 2003. "Wine Quality and Varietal, Regional and Winery Reputations: Hedonic Prices for Australia and New Zealand," The Economic Record, The Economic Society of Australia, vol. 79(246), pages 357-369, September.
- Horowitz, Joel L., 2001. "The bootstrap and hypothesis tests in econometrics," Journal of Econometrics, Elsevier, vol. 100(1), pages 37-40, January.
- Donnet, M. Laura & Weatherspoon, Dave D. & Hoehn, John P., 2007. "What Adds Value in Specialty Coffee? Managerial Implications from Hedonic Price Analysis of Central and South American E-Auctions," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 10(3), pages 1-18.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- Adam P. Wilson & Norbert L.W. Wilson, 2014.
"The economics of quality in the specialty coffee industry: insights from the Cup of Excellence auction programs,"
Agricultural Economics, International Association of Agricultural Economists, vol. 45(S1), pages 91-105, November.
- Wilson, Adam P. & Wilson, Norbert L., 2013. "The Economics of Quality in the Specialty Coffee Industry: Insights from the Cup of Excellence Auction Programs," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150721, Agricultural and Applied Economics Association.
- Marin, Alejandra & Dass, Mayukh & Boal, Kimberly, 2019. "Critic-buyer effects on valuation of ambiguously appraised products," Journal of Business Research, Elsevier, vol. 103(C), pages 45-55.
- Otero, Jesús & Argüello, Ricardo & Oviedo, Juan Daniel & Ramírez, Manuel, 2018. "Explaining coffee price differentials in terms of chemical markers: Evidence from a pairwise approach," Economic Modelling, Elsevier, vol. 72(C), pages 190-201.
- Hoehn, John P, 2016. "Costly Choices: Does the U.S. Retail Market Reward Coffee Origin Labeling?," 2016 Annual Meeting, July 31-August 2, Boston, Massachusetts 235891, Agricultural and Applied Economics Association.
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.- Vincent Hoang & Takao Iida & Shigeru Matsumoto & Natsuki Watanabe & Clevo Wilson, 2016. "Consumer’s comparison between local and imported organic products: a hedonic analysis of the Japanese table wine market," Eurasian Business Review, Springer;Eurasia Business and Economics Society, vol. 6(3), pages 405-415, December.
- Masset, Philippe & Weisskopf, Jean-Philippe & Cardebat, Jean-Marie & Faye, Benoît & Le Fur, Eric, 2021.
"Analyzing the risks of an illiquid and global asset: The case of fine wine,"
The Quarterly Review of Economics and Finance, Elsevier, vol. 82(C), pages 1-25.
- Philippe Masset & Jean-Philippe Weisskopf & Jean-Marie Cardebat & Benoît Faye & Eric Le Fur, 2021. "Analyzing the risks of an illiquid and global asset: The case of fine wine," Post-Print hal-03703194, HAL.
- Danielle Wood & Kym Anderson, 2019.
"What Determines the Future Value of an Icon Wine? New Evidence from Australia,"
World Scientific Book Chapters, in: Kym Anderson (ed.), The International Economics of Wine, chapter 11, pages 255-282,
World Scientific Publishing Co. Pte. Ltd..
- Wood, Danielle & Anderson, Kym, 2006. "What Determines the Future Value of an Icon Wine? New Evidence from Australia," Journal of Wine Economics, Cambridge University Press, vol. 1(2), pages 141-161, October.
- Anderson, Kym & Wood, Danielle, 2005. "What Determines the Future Value of an Icon Wine? New Evidence from Australia," CEPR Discussion Papers 5044, C.E.P.R. Discussion Papers.
- David E Allen & Michael McAleer & Abhay K Singh, 2017.
"An entropy-based analysis of the relationship between the DOW JONES Index and the TRNA Sentiment series,"
Applied Economics, Taylor & Francis Journals, vol. 49(7), pages 677-692, February.
- Allen, D.E. & McAleer, M.J. & Singh, A.K., 2016. "An entropy based analysis of the relationship between the DOW JONES Index and the TRNA Sentiment series," Econometric Institute Research Papers EI2016-21, Erasmus University Rotterdam, Erasmus School of Economics (ESE), Econometric Institute.
- David E. Allen & Michael McAleer & Abhay K. Singh, 2016. "An entropy based analysis of the relationship between the DOW JONES Index and the TRNA Sentiment series," Documentos de Trabajo del ICAE 2017-01, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
- David E. Allen & Michael McAleer & Abhay K. Singh, 2016. "An Entropy Based Analysis of the Relationship between the DOW JONES Index and the TRNA Sentiment Series," Tinbergen Institute Discussion Papers 16-026/III, Tinbergen Institute.
- Jena, Pradyot R. & Grote, Ulrike, 2012. "Impact Evaluation of Traditional Basmati Rice Cultivation in Uttarakhand State of Northern India: What Implications Does It Hold for Geographical Indications?," World Development, Elsevier, vol. 40(9), pages 1895-1907.
- Richard Carew & Wojciech J. Florkowski, 2010. "The Importance of Geographic Wine Appellations: Hedonic Pricing of Burgundy Wines in the British Columbia Wine Market," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 58(1), pages 93-108, March.
- Teuber, Ramona, 2008. "Geographical Indications and the Value of Reputation - Empirical Evidence for Cafe de Marcala," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 43835, European Association of Agricultural Economists.
- David E. Allen & Michael McAleer & Robert Powell & Abhay K. Singh, 2013.
"A Non-Parametric and Entropy Based Analysis of the Relationship between the VIX and S&P 500,"
JRFM, MDPI, vol. 6(1), pages 1-25, October.
- D.E. Allen & A. Kramadibrata & M. McAleer & R. Powell & A. K. Singh, 2012. "A non-parametric and entropy based analysis of the relationship between the VIX and S&P500," KIER Working Papers 827, Kyoto University, Institute of Economic Research.
- David E. Allen & Michael McAleer & Robert Powell & Abhay K. Singh, 2013. "A Non-Parametric and Entropy Based Analysis of the Relationship between the VIX and S&P 500," Tinbergen Institute Discussion Papers 13-018/III, Tinbergen Institute.
- D.E. Allen & A. Kramadibrata & Michael McAleer & R. Powell & A. K. Singh, 2012. "A non-parametric and entropy based analysis of the relationship between the VIX and S&P500," Documentos de Trabajo del ICAE 2012-19, Universidad Complutense de Madrid, Facultad de Ciencias Económicas y Empresariales, Instituto Complutense de Análisis Económico.
- Costanigro, Marco & McCluskey, Jill J. & Mittelhammer, Ronald C., 2006. "Identifying submarket in the wine industry: a multivariate approach to hedonic regression," 2006 Annual meeting, July 23-26, Long Beach, CA 21370, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Teuber, Ramona & Herrmann, Roland, 2012.
"Towards a differentiated modeling of origin effects in hedonic analysis: An application to auction prices of specialty coffee,"
Food Policy, Elsevier, vol. 37(6), pages 732-740.
- Teuber, Ramona & Herrmann, Roland, 2012. "Towards a Differentiated Modelling of Origin Effects in Hedonic Analysis:An Application to Auction Prices of Specialty Coffee," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126235, International Association of Agricultural Economists.
- Catherine Haeck & Giulia Meloni & Johan Swinnen, 2019.
"The Value of Terroir: A Historical Analysis of the Bordeaux and Champagne Geographical Indications,"
Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 41(4), pages 598-619, December.
- Catherine Haeck & Giulia Meloni & Jo Swinnen, 2018. "The Value of Terroir. A historical analysis of the Bordeaux and Champagne geographical indications," Working Papers of LICOS - Centre for Institutions and Economic Performance 634338, KU Leuven, Faculty of Economics and Business (FEB), LICOS - Centre for Institutions and Economic Performance.
- Catherine Haeck & Giulia Meloni & Jo Swinnen, 2018. "The Value of Terroir. A historical analysis of the Bordeaux and Champagne geographical indications," Working Papers of Department of Economics, Leuven 634338, KU Leuven, Faculty of Economics and Business (FEB), Department of Economics, Leuven.
- Bicknell, Kathryn & MacDonald, Ian, 2009. "How Important is Reputation for New Zealand Wine Makers?," 2009 Conference, August 27-28, 2009, Nelson, New Zealand 115717, New Zealand Agricultural and Resource Economics Society.
- Ebata, Ayako & Pacheco, Pamela Alejandra & Cramon-Taubadel, Stephan von, 2015. "Distance to market and farm-gate prices of staple beans in rural Nicaragua," 2015 Conference, August 9-14, 2015, Milan, Italy 211582, International Association of Agricultural Economists.
- Schamel, Günter, 2005. "German Wine: Measurement and Evaluation of Product Quality," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 40, March.
- M. Laura Donnet & Dave D. Weatherspoon & John P. Hoehn, 2008.
"Price determinants in top‐quality e‐auctioned specialty coffees,"
Agricultural Economics, International Association of Agricultural Economists, vol. 38(3), pages 267-276, May.
- Donnet, M. Laura & Weatherspoon, Dave D. & Hoehn, John P., 2007. "Price Determinants in Top Quality E-Auctioned Specialty Coffees," Staff Paper Series 9310, Michigan State University, Department of Agricultural, Food, and Resource Economics.
- Berríos, Rodrigo & Saens, Rodrigo, 2012. "The country brand trap," Revista CEPAL, Naciones Unidas Comisión Económica para América Latina y el Caribe (CEPAL), April.
- Pomarici, Eugenio & Caracciolo, Francesco & Cembalo, Luigi, 2012. "Price Heterogeneity and Vine Homogeneity: An Ordered Logit Hedonic Price Estimation," 2012 International European Forum, February 13-17, 2012, Innsbruck-Igls, Austria 144957, International European Forum on System Dynamics and Innovation in Food Networks.
- repec:lic:licosd:40818 is not listed on IDEAS
- Minten, Bart & Tamru, Seneshaw & Kuma, Tadesse & Nyarko, Yaw, 2014.
"Structure and Performance of Ethiopia’s Coffee Export Sector,"
2014: Food, Resources and Conflict, December 7-9, 2014. San Diego, California
197157, International Agricultural Trade Research Consortium.
- Minten, Bart & Tamru, Seneshaw & Kuma, Tadesse & Nyarko, Yaw, 2014. "Structure And Performance Of Ethiopia’S Coffee Export Sector," Working Papers 190733, American Association of Wine Economists.
- Minten, Bart & Tamru, Seneshaw & Kuma, Tadesse & Nyarko, Yaw, 2014. "Structure and performance of Ethiopia’s coffee export sector:," ESSP working papers 66, International Food Policy Research Institute (IFPRI).
- Marco Costanigro & Ron C. Mittelhammer & Jill J. McCluskey, 2009.
"Estimating class-specific parametric models under class uncertainty: local polynomial regression clustering in an hedonic analysis of wine markets,"
Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 24(7), pages 1117-1135.
- Marco Costanigro & Ron C. Mittelhammer & Jill J. McCluskey, 2009. "Estimating class‐specific parametric models under class uncertainty: local polynomial regression clustering in an hedonic analysis of wine markets," Journal of Applied Econometrics, John Wiley & Sons, Ltd., vol. 24(7), pages 1117-1135, November.
- Swinnen, J. & Meloni, G. & Haeck, C., 2018. "What is the Value of Terroir? Historical Evidence from Champagne and Bordeaux," 2018 Conference, July 28-August 2, 2018, Vancouver, British Columbia 277221, International Association of Agricultural Economists.
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:bla:jageco:v:61:y:2010:i:1:p:122-137. 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: Wiley Content Delivery (email available below). General contact details of provider: http://www.blackwellpublishing.com/journal.asp?ref=0021-857X .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.