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DEMAND DRIVERS FOR FRESH-CUT FLOWERS AND THEIR SUBSTITUTES: AN APPLICATION OF HOUSEHOLD EXPENDITURE ALLOCATION MODELS AgEcon
Girapunthong, Napaporn; Ward, Ronald W..
Flowers are purchased for a variety of reasons ranging from expressions of love or sympathy to satisfying environmental and beautification goals. Unlike many foods where some of the attributes can be quantitatively measured such as grams of fat in meats and milligrams of cholesterol in fluid milk, these aesthetically pleasing products present an array of attributes that are closely tied to the buyer’s reasons for making the purchase. Clearly the attributes are fundamentally different since the goal associated with the purchase depends on the buyer’s objectives. This also implies that the demand for such products should be much more closely tied to the characteristics for the buyers and the reasons for buying. Flowers are not absolutely essential for...
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2003 URL: http://purl.umn.edu/22178
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PRICE ASYMMETRY IN THE UNITED STATES FRESH TOMATO MARKET AgEcon
Girapunthong, Napaporn; VanSickle, John J.; Renwick, Alan W..
This paper analyzes pricing relationships between the producer, wholesale and retail levels of the U.S. fresh tomato industry. The results indicate that price transmission is unidirectional from producer to retail. There was no asymmetric response for the producer-retail price relationship. Asymmetric price response was exhibited between wholesalers and both producers and retailers. Retail prices respond more to rising wholesale prices than to falling prices. Wholesales prices, however, respond more to declining producer price than to rising producer price.
Tipo: Journal Article Palavras-chave: Demand and Price Analysis.
Ano: 2003 URL: http://purl.umn.edu/27055
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