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Food Market Value Analysis: Product Quality Improvement, Product Origin Protection and Timing Decisions in Apple Market AgEcon
Karipidis, Philippos I.; Galanopoulos, Konstantinos.
In an effective quality enhancement programme of fruit production and marketing, total quality firms must include consideration of those attributes that are important to customers. In this study the hedonic model is adopted, in order to examine the effects of product quality, region of origin and time of product availability on the price structure determination in the apple market in Greece. Results suggest increased marginal shadow values (customers' interest) for physical product quality and for product origin – particularly in the case of Volos region. There is no evidence that out-of-season time is an important factor determining product prices. Further, it is also shown that it is possible to use the hedonic analysis for the estimation of shadow value...
Tipo: Journal Article Palavras-chave: Food Consumption/Nutrition/Food Safety; Industrial Organization.
Ano: 2000 URL: http://purl.umn.edu/26411
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Hedonic Analysis of Retail Egg Prices AgEcon
Karipidis, Philippos I.; Tsakiridou, Efthimia; Tabakis, Nikolaos M.; Mattas, Konstadinos.
The fast growth of product differentiation affects even the raw food product market and causes substantial price variations. The hedonic price technique is applied to examine raw-egg attributes because of a recent transformation from an undifferentiated to a highly differentiated market. The effects of product attributes, production methods, distribution, and product image on retail egg prices are considered. Results reveal that retail egg prices are influenced by specific product attributes including nutritional characteristics and unconventional production methods. Results provide knowledge useful in the development of marketing strategies and suggest areas for possible involvement of policymakers.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/27760
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The Greek Olive Oil Market Structure AgEcon
Karipidis, Philippos I.; Tsakiridou, Efthimia; Tabakis, Nikolaos M..
Food product differentiation leads to significant price variations among the same products, meaning that specific products can be sold in higher prices. An Hedonic Price analysis is adopted to investigate the influence of food differentiation on consumer prices and to identify product attributes’ values for the olive oil market. This will con- tribute to device the most appropriate olive oil differentiation strategies in order to be purchased by consumers in a higher price. The retail price structure was estimated in relation to several product natural attributes, to production and processing conditions, to quality control and to labeling and distribution. Findings demonstrate that olive oil price differentiation is mainly influenced by...
Tipo: Journal Article Palavras-chave: Differentiation structure; Hedonic prices; Olive oil market; Crop Production/Industries; Marketing; Q13; C23; L15; M31.
Ano: 2005 URL: http://purl.umn.edu/44093
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