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...

Full description

Saved in:
Bibliographic Details
Published inAmerican journal of agricultural economics Vol. 71; no. 3
Main Authors Thompson, G.D. (University of Arizona), Lyon, C.C
Format Journal Article
LanguageEnglish
Published 01.08.1989
Subjects
Online AccessGet more information

Cover

Loading…
More Information
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
Bibliography:9017863
E70
ISSN:0002-9092
1467-8276
DOI:10.2307/1242020