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Registros recuperados: 102 | |
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Brown, Mark G.; Lee, Jonq-Ying. |
This study incorporates quality into the Rotterdam demand system based on utility theory. Quality was modeled through its impact on marginal utility via perceived prices, following theoretical work by Basemann and Barten, among others. Results show that the price elasticity of fresh grapefruit demand is near unitary at the retail level and juice content has had relatively large impacts on fresh grapefruit demand. |
Tipo: Report |
Palavras-chave: Agribusiness; Demand and Price Analysis. |
Ano: 1998 |
URL: http://purl.umn.edu/52821 |
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Brown, Mark G.; Lee, Jonq-Ying. |
The differential demand system or Rotterdam model is extended to include lagged consumption through translation parameters, allowing habit and inventory effects. Applications of the model to annual U.S. expenditure and weekly juice sales data illustrate the importance of the time interval of an observation on the relative strengths of the habit inventory. |
Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
Ano: 1992 |
URL: http://purl.umn.edu/29646 |
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Brown, Mark G.. |
Citrus black spot (CBS) was discovered in March of 2010 near Immokalee in Collier County. CBS may adversely impact citrus growers both through demand and supply impacts. This paper has focused on the demand side of the equation. The analysis has also focused on Florida honey tangerines and the market in California. This market accounts for about 17.7% of Florida honey tangerine sales. If Florida product were banned from California in fear of CBS spreading there, the FOB price for Florida honey tangerines is estimated to decline by $3.48 to $4.40 per box, all else constant. The on-tree price would be expected to decline by the same amounts. However, with respect to production costs, all else would not be constant. Growers would be expected to bear... |
Tipo: Report |
Palavras-chave: Citrus black spot; Honey tangerine; California; Agribusiness. |
Ano: 2010 |
URL: http://purl.umn.edu/104354 |
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Brown, Mark G.; Jauregui, Carlos E.. |
Estimates of a conditional demand system for twelve beverages, based on the Rotterdam model subject to a full, first-order autoregressive process, are discussed. Impacts of beverage prices, total beverage expenditures and promotions on beverage quantities demanded are provided. The results indicate that all beverages were normal goods; the majority had price elastic demands; most had a relatively large own-promotion effect; and a number of significant cross-promotional effects exist, indicating a relatively high level of competition for market share among the beverages studied. |
Tipo: Report |
Palavras-chave: Conditional demand system; Beverages; Agribusiness. |
Ano: 2011 |
URL: http://purl.umn.edu/104335 |
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Brown, Mark G.. |
The demand for OJ in Europe, and in particular the own-price elasticity of demand, has been difficult to estimate due to lack of good data. Europe, however, is the largest OJ market in the world (USDA, Foreign Agricultural Service), and cannot be ignored in analyzing the U.S. and Florida OJ situations, given OJ is an internationally traded commodity. Thus, estimates of the impacts of factors such as own-price on Europe’s OJ demand are critical for understanding the market. The estimates in this study, although rough, provide some guidance for the magnitude of the price response in Europe, but to keep them in perspective, they are based on a relatively small number of observations and a proxy variable, suggesting that, as more and hopefully better data... |
Tipo: Report |
Palavras-chave: Demand; Orange juice; Europe; Agribusiness. |
Ano: 2010 |
URL: http://purl.umn.edu/104349 |
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Brown, Mark G.; Lee, Jonq-Ying. |
This study examines imposing and testing restrictions on preference variables in the Rotterdam model through the impacts of these variables on marginal utilities. An empirical analysis of the impact of a female labor force participation variable in a Rotterdam demand system for fresh fruit illustrates the methodology. This variable was modeled through its impact on marginal utilities via "adjusted" prices, following theoretical work by Basmann and Barten, among others. Results show that the female labor participation has negatively impacted the demands for citrus, while positively impacting the demands for other fresh fruit. |
Tipo: Journal Article |
Palavras-chave: Demand; Demographic; Fresh fruit; Rotterdam model; Demand and Price Analysis. |
Ano: 2002 |
URL: http://purl.umn.edu/15519 |
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Brown, Mark G.. |
In this study, an OJ model was developed to examine the optimal advertising-research mix to maximize Florida grower revenue net of the costs of these activities. The model is based on assumed coefficients reflecting the impacts of prices, advertising and research. The effects of prices on demand and supply, as well as the effect of advertising on demand, were set based on findings of prior studies. The effect of research on supply is less certain, and a range of research effects was considered. A range of advertising effects was also considered given the study’s focus. The model solutions for the various advertising and research assumptions considered indicate that optimal advertising expenditures are significant |
Tipo: Report |
Palavras-chave: Agribusiness. |
Ano: 2009 |
URL: http://purl.umn.edu/104329 |
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Brown, Mark G.; Spreen, Thomas H.; Lee, Jonq-Ying. |
A demand model is developed to examine the impacts on orange juice prices resulting from elimination or reduction of the tariffs on orange juice imposed by the United States, European Union, and Japan. An empirical analysis suggests that elimination of the U.S. tariff by itself would decrease the U.S. orange juice price by about $0.22 per gallon, while simultaneous elimination of the U.S., European, and Japanese tariffs would decrease the U.S. price by about $0.13 per gallon. Alternatively, reducing these tariffs according to the Swiss 25 formula would decrease the U.S. price by an estimated $0.09 per gallon. The U.S. produces about 1.4 billion gallons of orange juice annually and each penny reduction in the price impact increases U.S. orange juice FOB... |
Tipo: Journal Article |
Palavras-chave: Demand and Price Analysis. |
Ano: 2004 |
URL: http://purl.umn.edu/27236 |
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Registros recuperados: 102 | |
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