Marketing order impacts on farm-retail price spreads: the suspension of prorates on California-Arizona navel oranges
The 1985 suspension of the prorate on California-Arizona navel oranges decreased FOB retail price spreads in Atlanta and San Francisco by about 1.3 cents per pound. Four reduced-form models of price spreads were estimated as seemingly unrelated regressions for price spreads in Atlanta, Dallas, and S...
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Published in | American journal of agricultural economics Vol. 71; no. 3 |
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Main Authors | , |
Format | Journal Article |
Language | English |
Published |
01.08.1989
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Subjects | |
Online Access | Get more information |
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Summary: | The 1985 suspension of the prorate on California-Arizona navel oranges decreased FOB retail price spreads in Atlanta and San Francisco by about 1.3 cents per pound. Four reduced-form models of price spreads were estimated as seemingly unrelated regressions for price spreads in Atlanta, Dallas, and San Francisco. Nested and non-nested hypothesis testing procedures indicated a markup model as the most plausible one for explaining short-run changes in price spreads |
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Bibliography: | 9017863 E70 |
ISSN: | 0002-9092 1467-8276 |
DOI: | 10.2307/1242020 |