Market Channel Analysis of Ornamental Plants using Clustering Procedures
Mahesh Pandit,
Krishna Paudel and
Roger A. Hinson
No 143067, 2013 Annual Meeting, February 2-5, 2013, Orlando, Florida from Southern Agricultural Economics Association
Abstract:
Market channel alternatives that include garden centers, landscapers, mass merchandisers and re-wholesalers have contributed to the growth of ornamental crops sales in the United States (U. S.). The homogenous subpopulation of the U.S. nursery producer was clustered using mixture of export method and found that there exist four homogenous group of Nursery Producer. The impact of growers’ business characteristics on shares of sales to these channels by firm size was estimated using multivariate fractional regression and nonparametric model. Important explanatory variables were regions of the U.S., sales of plant groups, kinds of contract sales, and promotional expenses, and their effect varies by cluster. We also found that in some cases nonparametric estimation procedure is better than parametric estimates.
Keywords: Environmental Economics and Policy; Farm Management (search for similar items in EconPapers)
Date: 2013-01-19
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea13:143067
DOI: 10.22004/ag.econ.143067
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