Economic Impacts of Increasing the Minimum Size for Idaho Fresh Potatoes
W. Goodwin,
J. Guenthner,
Christopher McIntosh,
A. Johnson,
Philip Watson and
M. Thornton
Journal of Food Distribution Research, 2012, vol. 43, issue 3
Abstract:
The Idaho Potato Commission funded a project to help answer the question: What would be the economic impact if the potato industry increased the minimum size for fresh potatoes? We estimate that increasing the minimum size from 4 to 5 ounces would divert about 5 million hundredweight (cwt) to dehydrators. Idaho fresh potato revenue would increase $73 million. Idaho dehydrated potato revenue would increase $18 million. The total impact would be increased revenue of $91 million. A sensitivity analysis showed that revenue increases are larger when more potatoes are diverted.
Keywords: Agribusiness; Crop Production/Industries (search for similar items in EconPapers)
Date: 2012
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Persistent link: https://EconPapers.repec.org/RePEc:ags:jlofdr:158988
DOI: 10.22004/ag.econ.158988
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