Hedonic Retail Beef and Pork Product Prices
AbstractConsumer-level hedonic models are estimated to determine factors affecting retail pork and beef meat cuts. Results indicate that brand premium and discount varies across private, national, and store brands and that brand premium varies across meat cuts carrying the same brand name. Product size discounts are linear for beef and nonlinear for pork, meat items on sale are significantly discounted to non-sale items, specialty stores typically will not garner higher prices than supermarket/grocery stores, and warehouse stores typically have premium prices relative to supermarket/grocery stores.
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Bibliographic InfoArticle provided by Southern Agricultural Economics Association in its journal Journal of Agricultural and Applied Economics.
Volume (Year): 39 (2007)
Issue (Month): 01 (April)
beef; brand premium; hedonic modeling; pork; Demand and Price Analysis; Livestock Production/Industries; Q13; D12; M31; M32;
Find related papers by JEL classification:
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
- D12 - Microeconomics - - Household Behavior - - - Consumer Economics: Empirical Analysis
- M31 - Business Administration and Business Economics; Marketing; Accounting - - Marketing and Advertising - - - Marketing
- M32 - Business Administration and Business Economics; Marketing; Accounting - - Marketing and Advertising - - -
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- Ochieng', Otieno Geoffrey, 2010. "Effect of Value Addition on Price: A Hedonic Analysis of Peanut in Retail Supermarkets in Nairobi, Kenya," Research Theses 134495, Collaborative Masters Program in Agricultural and Applied Economics.
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"Value Of Beef Steak Branding: Hedonic Analysis Of Retail Scanner Data,"
2010 Annual Meeting, July 25-27, 2010, Denver, Colorado
61596, Agricultural and Applied Economics Association.
- Schulz, Lee L. & Schroeder, Ted C. & White, Katharine L., 2012. "Value of Beef Steak Branding: Hedonic Analysis of Retail Scanner Data," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 41(2), August.
- Schulz, Lee L. & Schroeder, Ted C. & White, Katharine L., 2012. "Value of Beef Steak Branding: Hedonic Analysis of Retail Scanner Data," Staff General Research Papers 35146, Iowa State University, Department of Economics.
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- Adalja, Aaron & Hanson, James & Towe, Charles & Tselepidakis, Elina, 2013. "An Examination of Consumer Willingness to Pay for Local Products," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150505, Agricultural and Applied Economics Association.
- Martinez, Stephen W., 2008. "Estimating the Value of Retail Beef Product Brands and Other Attributes," 2008 Annual Meeting, July 27-29, 2008, Orlando, Florida 6455, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
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