Measuring Retail Food Price Variation: Does the Data Source Matter?

Ephraim Leibtag

No 5976, 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The main area of focus in this paper is variation across regions and over time in the U.S. as estimated by different food price data sets. There are a variety of potential sources for food price data, but it is important to compare the relative strengths and weaknesses of the data sources in order to estimate the magnitude of the variation in average prices from the different sources. No one data source can account for all potential measurement problems, but by estimating average food prices for similar, or even identical products, one can test for whether there are significant differences in average food prices based on the data source.

Keywords: Agribusiness; Demand and Price Analysis (search for similar items in EconPapers)
Pages: 10
Date: 2008
New Economics Papers: this item is included in nep-agr
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea08:5976

DOI: 10.22004/ag.econ.5976

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