A Hedonic Price Model of the Paris Carcase Lamb Market
John O'Connell
European Review of Agricultural Economics, 1986, vol. 13, issue 4, 439-50
Abstract:
Based on a lamb carcass classification and pricing exercise in the Paris wholesale market at Rungis, an equation was estimated which regresses prices on farm-based and factory-based quality aspects and on country of origin of the carcasses. The revenue foregone per car- cass by each supplying country, because of divergence from the optimal quality, is quantified and allocated to particular quality attributes. For all countries quality improvement would yield substantially increased revenue. Supplying countries other than France suffer a substantial country-of-origin discount which is not justified on quality considerations. Further research is necessary on this phenomenon. Copyright 1986 by Oxford University Press.
Date: 1986
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Persistent link: https://EconPapers.repec.org/RePEc:oup:erevae:v:13:y:1986:i:4:p:439-50
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European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo
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