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Registros recuperados: 37
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EVALUATING THE POTENTIAL FOR LOCAL FOOD PRODUCTS IN HISPANIC MARKETS AgEcon
Martinez, Samuel Cardona; Patterson, Paul M..
Evaluations on the effectiveness of state and origin branding programs remain relatively scant and generally have not focused on specific target populations, including the fastest growing group-Hispanic consumers. This study evaluates the effectiveness of the Arizona Grown brand and the nascent Mexico Selected Quality brand in differentiating and promoting food products in Hispanic markets. It was found that Hispanic consumers tend to view these food product brands as nearly identical in perceived quality. Furthermore, they are willing to pay nearly equal premiums for products branded as such. These consumers saw no value in country of origin information alone.
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2004 URL: http://purl.umn.edu/20372
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SUPPLIER SUBSTITUTABILITY BY IMPORTERS: IMPLICATIONS FOR ASSESSING THE 1980 U.S. GRAIN EMBARGO AgEcon
Abbott, Philip C.; Paarlberg, Philip L.; Patterson, Paul M..
The 1980 U.S. suspension of grain sales to the Soviet Union illustrates the importance of the choice of conceptual framework for empirical analysis of international trade problems. A spatial equilibrium model of wheat and coarse grains trade assumes perfect substitution among exporting nations' commodities by importers and, thus, precludes the embargo from having a large impact. The imperfect substitutability assumption of an Armington model results in larger consequences from the embargo. For small shocks, the Armington model better captures the rigidities characteristic of international grain markets. The spatial model provides insights on adjustments to large shocks, but rigidities persist in actual markets.
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 1988 URL: http://purl.umn.edu/29260
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Sales Promotion and Cooperative Retail Pricing Strategies AgEcon
Richards, Timothy J.; Patterson, Paul M..
Supermarket retailers make strategic pricing decisions in a high-frequency, repeated game environment both in buying and selling fresh produce. In this context, there is some question as to whether a non-cooperative equilibrium can emerge that produces margins above the competitive level. Supermarket pricing results from tacitly collusive equilibria supported by trigger price strategies played in upstream markets. Upstream activities are, in turn, driven by periodic retail price promotions. We test this hypothesis using a sample of fresh produce pricing data from 20 supermarket chains in markets distributed throughout the U.S. Our results support the existence of tacitly collusive non-cooperative equilibria in upstream and downstream markets.
Tipo: Working or Discussion Paper Palavras-chave: Dynamics; Game theory; Nash equilibrium; Perishables; Supermarkets; Tacit collusion; Trigger prices.; Demand and Price Analysis.
Ano: 2004 URL: http://purl.umn.edu/28542
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DYNAMIC COMPLEMENTARITY IN EXPORT PROMOTION: THE MARKET ACCESS PROGRAM IN FRUITS AND VEGETABLES AgEcon
Richards, Timothy J.; Patterson, Paul M..
To justify public subsidies for export promotion, export markets must fail to provide incentives for exporters to recognize the benefits of spillover or long-term benefits of promotion. This paper tests for these failures in dynamic dual model for horticultural export supply. Results show significant spillovers and dynamic effects.
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade.
Ano: 1998 URL: http://purl.umn.edu/20851
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Firm-Level Competition in Price and Variety AgEcon
Richards, Timothy J.; Patterson, Paul M..
Consumer product manufacturers often compete in dynamic, multi-firm oligopolies using multiple strategic tools. While existing empirical models of strategic interaction typically consider only parts of the more general problem, this paper presents a more comprehensive alternative. Marketing decision are dynamically optimal, consistent with optimal consumer choice, and responsive to rival decisions. Using a single-market case study that consists of five years of four-weekly data on ready-to-eat cereal sales, prices, and new brand introductions, we test several hypotheses regarding the nature of strategic interaction among several rival manufacturers. We find that cereal manufacturers price and introduce new brands cooperatively in the same period, but...
Tipo: Journal Article Palavras-chave: Cereal; Differentiated products; Dynamics; Oligopoly; Product line rivalry; Strategic interaction; Demand and Price Analysis; D43; L13; L66; M31; Q13.
Ano: 2006 URL: http://purl.umn.edu/43788
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NEW VARIETIES AND THE RETURNS TO COMMODITY PROMOTION: WASHINGTON FUJI APPLES AgEcon
Richards, Timothy J.; Patterson, Paul M..
The Fugi apple variety is relatively new in the U.S. As a new product, questions concern the relative impact of consumer learning by experience, by variety-specific promotion, or by generic apple promotion. Estimates show each to have a positive impact. Changes in producer surplus provide a base-scenario benefit-cost ratio of 11.98.
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries; Marketing.
Ano: 1998 URL: http://purl.umn.edu/20784
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THE ECONOMIC VALUE OF PUBLIC RELATIONS EXPENDITURES: FOOD SAFETY AND THE STRAWBERRY CASE AgEcon
Richards, Timothy J.; Patterson, Paul M..
Food safety has become an important issue affecting public health and grower profits. Outbreaks of foodborne illnesses are typically accompanied by press accounts of the incident and a decrease in demand. This study estimates the short- and long-run impacts of adverse and positive information delivered through print media on strawberry grower profits. Positive information may arise as apart of the promotional efforts of grower associations. It is found that adverse information reduces grower profits, but that positive information can partially offset their effects. It is suggested that grower groups could redirect funds used for promotion to food safety initiatives.
Tipo: Journal Article Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 1999 URL: http://purl.umn.edu/30804
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New Varieties and the Returns to Commodity Promotion: Washington Fuji Apples AgEcon
Richards, Timothy J.; Patterson, Paul M..
The Fuji apple variety is relatively new in the U.S. As a new product, questions concern the relative impact of consumer learning by experience, by variety-specific promotion, or by generic apple promotion. A two-stage (LES/LAIDS) model incorporating both types of promotion is used to estimate the effect of generic and variety specific promotion, as well as consumer experience, on the demand for Fuji apples. Estimates show each to have a positive impact, and also show new or specialty apple varieties to be relatively price inelastic, but income elastic. Grower returns to promotion are calculated with an equilibrium displacement model of price changes and producer surplus. Changes in producer surplus provide a base-scenario benefit:cost ratio of 14.73....
Tipo: Working or Discussion Paper Palavras-chave: Apple demand; Experience; LAIDS; New products; Producer surplus; Promotion; Varieties.; Marketing.
Ano: 1998 URL: http://purl.umn.edu/28541
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NATIVE AMERICAN OBESITY: AN ECONOMIC MODEL OF THE THRIFTY GENE THEORY AgEcon
Richards, Timothy J.; Patterson, Paul M..
Native American obesity and the associated health conditions are generally thought to result in part from a genetic predisposition to overeating fats and carbohydrates, called the "thrifty gene." Although coined by nutritional scientists, this study maintains the origin of the thrifty gene lies in economics. Apparently harmful overconsumption and addiction constitute economically rational behavior if the increment to current utility from adding to one's stock of "consumption capital" is greater than the present value of utility lost in the future due to ill health and the costs of withdrawal. Tests of these conditions for such "rational addiction" are conducted using two-stage household production approach. The results obtained by estimating this model...
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety; Health Economics and Policy.
Ano: 2004 URL: http://purl.umn.edu/36208
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A Bilateral Comparison of Fruit and Vegetable Consumption: United States and Canada AgEcon
Richards, Timothy J.; Patterson, Paul M..
Many public programs promote diets rich in fruits and vegetables based on evidence of the derived health benefits. Still, produce consumption in the United States lags behind other nations, even its most culturally similar neighbor--Canada. This study uses a structural latent variable model to test the role played by quality and health information in explaining observed differences in produce consumption. The Alchian-Allen effect predicts that higher quality, higher absolute margin produce will be exported, suggesting quality may be an important demand factor in importing nations such as Canada. The results show that dietary health information is significant in expanding demands. Quality also promotes fruit consumption in Canada.
Tipo: Journal Article Palavras-chave: Alchian-Allen effect; Fruit and vegetable trade; Health information; Latent variable; MIMIC model; Produce quality; Food Consumption/Nutrition/Food Safety.
Ano: 2005 URL: http://purl.umn.edu/31217
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State and Origin Branding in Hispanic Food Markets AgEcon
Patterson, Paul M.; Martinez, Samuel Cardona.
Evaluations on the effectiveness of state and origin branding programs remain relatively scant and generally have not focused on specific target populations, including Hispanic consumers, the fastest-growing group. This study evaluates the effectiveness of the Arizona Grown brand and the nascent Mexico Selected Quality brand in differentiating and promoting food products in Hispanic markets. It was found that Hispanic consumers tend to view these food-product brands as nearly identical in perceived quality. Furthermore, they are willing to pay nearly equal premiums for products branded as such. These consumers saw no value in country-of-origin information alone.
Tipo: Journal Article Palavras-chave: Agribusiness.
Ano: 2004 URL: http://purl.umn.edu/27553
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RETAIL CONTRACTING AND GROWER PRICES AgEcon
Patterson, Paul M.; Richards, Timothy J..
Contracting directly between produce shippers and retailers is growing in importance. Retailers seek to obtain reliable supplies, while reducing their reliance on recurring market transactions. Producers seek stable prices and market access. These private transactions diminish spot market liquidity and enhance noncompetitive buying opportunities, raising concerns over the resulting impact on grower prices, whether under contract or not, and the future produce market structure. Primary data are used to test hypotheses on contract participation. Simulations on grower prices reveal that contract prices are generally lower, but less variable, than market prices, suggesting a form of risk sharing.
Tipo: Conference Paper or Presentation Palavras-chave: Marketing.
Ano: 2001 URL: http://purl.umn.edu/20534
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RESTAURANT DINER'S’ ATTITUDES AND RESPONSES TO A HEALTHY DINING CAMPAIGN AgEcon
Acharya, Ram N.; Patterson, Paul M.; Schmitz, Troy G.; Foerster, Susan B.; Hill, Esther; Jones, Anita; Bohm, Erica.
This study examines the impact of a healthy dining campaign on consumer's menu choices. Four restaurant chains operating in the greater San Diego area participated in the "Treat Yourself Well" (TYW) campaign. Menu entrees, which contain at least 2 servings of fruits and/or vegetables and less than 30% calories from fat or less than 20 gram of fat, were identified as healthy items and promoted. The study area was divided into experimental and control region and various promotional activities including paid advertising, public relations, networking with health providers, and in-restaurant and neighborhood promotions were conducted in experimental region. Consumer surveys were conducted in both experimental and control regions at the beginning and towards...
Tipo: Conference Paper or Presentation Palavras-chave: Social marketing campaign; Reminder and attitude effects; Consumer food choices; Simultaneous equation model.; Food Consumption/Nutrition/Food Safety.
Ano: 2002 URL: http://purl.umn.edu/19707
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NEW VARIETIES AND THE RETURNS TO COMMODITY PROMOTION: THE CASE OF FUJI APPLES AgEcon
Richards, Timothy J.; Patterson, Paul M..
The Fuji apple variety is relatively new in the U.S. As a new product, questions concern the relative impact of consumer learning by experience, by variety-specific promotion, or by generic apple promotion. A two-stage (LES/LAIDS) model incorporating both types of promotion is used to estimate the effect of generic and variety specific promotion, as well as consumer experience, on the demand for Fuji apples. Estimates show each to have a positive impact, and also show new or speciality apple varieties to be relatively price inelastic, but income elastic. Grower returns to promotion are calculated with an equilibrium displacement model of price changes and producer surplus. Changes in producer surplus provide a base-scenario benefit: cost ratio of 6.33:1.
Tipo: Journal Article Palavras-chave: Consumer/Household Economics; Marketing.
Ano: 2000 URL: http://purl.umn.edu/31339
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State-Grown Promotion Programs: Fresher, Better? AgEcon
Patterson, Paul M..
Tipo: Journal Article Palavras-chave: Marketing; Q13; Q18.
Ano: 2006 URL: http://purl.umn.edu/94433
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OBESITY AND NUTRIENT CONSUMPTION: A RATIONAL ADDICTION? AgEcon
Richards, Timothy J.; Patterson, Paul M.; Tegene, Abebayehu.
This study tests for a rational addiction to food nutrients as a potential explanation for the obesity epidemic. A random coefficients (mixed) logit model applied to household scanner data finds evidence of a strong, forward-looking addiction to carbohydrates. Consequently, price-based policies may be effective in controlling excessive nutrient intake.
Tipo: Conference Paper or Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety.
Ano: 2004 URL: http://purl.umn.edu/20079
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Print Advertisement Characteristics and Apple Variety Attraction: A Mimic Model Approach AgEcon
Patterson, Paul M.; Richards, Timothy J..
A structural latent variable model of apple variety demand is used to analyze the effect of variety specific newspaper advertisement characteristics on variety attraction (preferences), and in turn on variety demand. The influence of advertisement size, the use of color and the Washington apple logo were analyzed. The estimated variety attraction variable is important in explaining demand. Model specifications which exclude this variable tend to understate demand elasticities. Advertisement size has a positive impact on Granny Smith, Fuji, and Gala sales. Red Delicious sales are positively influenced by color ads, but negatively affected by ads with the Washington apple logo.
Tipo: Working or Discussion Paper Palavras-chave: Apple demand; Newspaper advertisements; Structural latent variable model; Marketing.
Ano: 1998 URL: http://purl.umn.edu/28537
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DYNAMIC COMPLEMENTARITY IN EXPORT PROMOTION: THE MARKET ACCESS PROGRAM IN FRUITS AND VEGETABLES AgEcon
Richards, Timothy J.; Patterson, Paul M..
Government-supported promotion in foreign markets may justified when market failures exist, such as spillover externalities, where promotion of one commodity positively influences exports of another, or when market uncertainties cause planning horizons to be shorter than the persistent effects of promotion. A dynamic model of U.S. apple, almond, grape, and wine export supply is developed to test for these market failures. Promotion is viewed as an investment in establishing and maintaining a product’'s image. Evidence supporting the existence of each market failure is found. Exporters and program administrators may fail to account for them in export promotion planning.
Tipo: Journal Article Palavras-chave: International Relations/Trade.
Ano: 1998 URL: http://purl.umn.edu/31198
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Retail Consolidation and Produce Buying Practices: A Summary of the Evidence and Potential Industry and Policy Responses AgEcon
Sexton, Richard J.; Richards, Timothy J.; Patterson, Paul M..
Tipo: Working or Discussion Paper Palavras-chave: Industrial Organization.
Ano: 2002 URL: http://purl.umn.edu/11933
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CAUSES OF RETAIL PRICE FIXITY: AN EMPIRICAL ANALYSIS AgEcon
Richards, Timothy J.; Patterson, Paul M..
Existing empirical studies do not provide a unifying explanation for retail price fixity. However, economic hysteresis, or the persistence of an economic phenomenon after its initial cause has disappeared, offers a general explanation. Estimates of an empirical model of retail-price hysteresis using store-level scanner data support our hypothesis.
Tipo: Conference Paper or Presentation Palavras-chave: Demand and Price Analysis.
Ano: 2002 URL: http://purl.umn.edu/19841
Registros recuperados: 37
Primeira ... 12 ... Última
 

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