DEMAND AND PRICE-MARKUP FUNCTIONS FOR CANNED CLING PEACHES AND FRUIT COCKTAIL

Ben C. French and Gordon A. King

Western Journal of Agricultural Economics, 1986, vol. 11, issue 01, 11

Abstract: This study formulates and estimates a six-equation model for canned cling peaches and fruit cocktail in which processors are viewed as price setters, with qualities not sold at the set price carried over to the next year. The system consists of two price-markup equations, two quantity-dependent demand equations and two inventory change identities. The three-stage least squares estimation results tend to support the behavioral hypotheses.

Keywords: Demand; and; Price; Analysis (search for similar items in EconPapers)
Date: 1986
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Citations: View citations in EconPapers (8)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:wjagec:32541

DOI: 10.22004/ag.econ.32541

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