An hedonic price model for the national apple market: Implications for Arizona apple growers

Persistent Link:
http://hdl.handle.net/10150/291392
Title:
An hedonic price model for the national apple market: Implications for Arizona apple growers
Author:
Stephens, Virginia Lorraine, 1963-
Issue Date:
1990
Publisher:
The University of Arizona.
Rights:
Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.
Abstract:
An hedonic model of apple prices was developed using data from the three largest producing regions of the United States. Results were used to determine the relative values of selected quality attributes. Specifically, coefficients on the variables produced by the regression represented price premia and discounts for the quality attributes. The variables included in the model were crop year, seasonality, region, variety, size, grade, storage, and a variable designed to measure the impact of the Alar scare on the 1988 crop of Red Delicious apples. Three models were developed. Model I utilized a linear functional form; Model II utilized a log-linear functional form; and Model III utilized a linear functional form with real price as the dependent variable. The results of Model I were used in the final analysis. It was found that size, grade, storage, and seasonality had consistent relationships to the price of an apple. The findings are applied to the Arizona apple industry.
Type:
text; Thesis-Reproduction (electronic)
Keywords:
Economics, Agricultural.
Degree Name:
M.S.
Degree Level:
masters
Degree Program:
Graduate College; Agricultural Economics
Degree Grantor:
University of Arizona
Advisor:
Monke, Eric

Full metadata record

DC FieldValue Language
dc.language.isoen_USen_US
dc.titleAn hedonic price model for the national apple market: Implications for Arizona apple growersen_US
dc.creatorStephens, Virginia Lorraine, 1963-en_US
dc.contributor.authorStephens, Virginia Lorraine, 1963-en_US
dc.date.issued1990en_US
dc.publisherThe University of Arizona.en_US
dc.rightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.en_US
dc.description.abstractAn hedonic model of apple prices was developed using data from the three largest producing regions of the United States. Results were used to determine the relative values of selected quality attributes. Specifically, coefficients on the variables produced by the regression represented price premia and discounts for the quality attributes. The variables included in the model were crop year, seasonality, region, variety, size, grade, storage, and a variable designed to measure the impact of the Alar scare on the 1988 crop of Red Delicious apples. Three models were developed. Model I utilized a linear functional form; Model II utilized a log-linear functional form; and Model III utilized a linear functional form with real price as the dependent variable. The results of Model I were used in the final analysis. It was found that size, grade, storage, and seasonality had consistent relationships to the price of an apple. The findings are applied to the Arizona apple industry.en_US
dc.typetexten_US
dc.typeThesis-Reproduction (electronic)en_US
dc.subjectEconomics, Agricultural.en_US
thesis.degree.nameM.S.en_US
thesis.degree.levelmastersen_US
thesis.degree.disciplineGraduate Collegeen_US
thesis.degree.disciplineAgricultural Economicsen_US
thesis.degree.grantorUniversity of Arizonaen_US
dc.contributor.advisorMonke, Ericen_US
dc.identifier.proquest1342678en_US
dc.identifier.bibrecord.b26593002en_US
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