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Differentiation And Implicit Prices In Export Wheat Markets

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  • Wilson, William W.

Abstract

This paper describes the extent and characteristics of differentiation in the international wheat market. Results indicate that the degree of differentiation has increased in the last 15 years. A hedonic price function is specified and estimated to examine implicit prices for characteristics and their changes through time.

Suggested Citation

  • Wilson, William W., 1989. "Differentiation And Implicit Prices In Export Wheat Markets," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 14(1), pages 1-11, July.
    • Handle: RePEc:ags:wjagec:32459
    DOI: 10.22004/ag.econ.32459
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    References listed on IDEAS

    as
    1. George W. Ladd & Marvin B. Martin, 1976. "Prices and Demands for Input Characteristics," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(1), pages 21-30.
    2. Anonymous, 1960. "International Wheat Council," International Organization, Cambridge University Press, vol. 14(3), pages 492-493, July.
    3. Wilson, William W. & Orr, David, 1989. "The Grain Marketing System and Wheat Quality in Australia," Miscellaneous Publications 257269, North Dakota State University, Department of Agribusiness and Applied Economics.
    4. George W. Ladd & Veraphol Suvannunt, 1976. "A Model of Consumer Goods Characteristics," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(3), pages 504-510.
    5. Anonymous, 1960. "International Wheat Council," International Organization, Cambridge University Press, vol. 14(1), pages 224-224, January.
    6. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
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