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Hedonic Price Estimation For Kansas Wheat Characteristics

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Author Info
Espinosa, Juan A.
Goodwin, Barry K.
Abstract

A hedonic price model is applied to a cross-sectional time-series data set of Kansas wheat characteristics. Results indicate that prices received by wheat producers reflect the presence of conventional quality characteristics of wheat and also milling and dough characteristics. Furthermore, the results indicate that the alternative sets of characteristics exhibit quality information that is, to some degree, independent of one another. Important conclusions regarding the efficiency of current grading and pricing practices for wheat are drawn from this analysis.

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File URL: http://purl.umn.edu/32620
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Publisher Info
Article provided by Western Agricultural Economics Association in its journal Western Journal of Agricultural Economics.

Volume (Year): 16 (1991)
Issue (Month): 01 (July)
Pages:
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Handle: RePEc:ags:wjagec:32620

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Related research
Keywords: Crop Production/Industries;

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  1. Rimal, Arbindra & Balasubramanian, Siva K. & Moon, Wanki, 2004. "Two-Stage Decision Model Of Soy Food Consumption Behavior," 2004 Annual meeting, August 1-4, Denver, CO 20096, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  2. Uri, Noel D. & Hyberg, Bengt, 1996. "Differentiation And Implicit Prices Of U.S. Wheat Exports," Journal of Food Distribution Research, Food Distribution Research Society, vol. 27(2), July. [Downloadable!]
  3. Marcoul, Philippe & Lawrence, John & Hueth, Brent, 2006. "Grader Bias In Cattle Markets? Evidence From Iowa," 2006 Annual meeting, July 23-26, Long Beach, CA 21123, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
    Other versions:
  4. Ahmadi-Esfahani, F.Z. & Stanmore, R.G., 1994. "Quality Premiums For Australian Wheat In The Growing Asian Markets," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 38(03), December. [Downloadable!]
  5. Salayo, Nerissa D. & Voon, Thomas J. P. & Selvanathan, Saroja, 1999. "Implicit Prices Of Prawn And Shrimp Attributes In The Philippine Domestic Market," Marine Resource Economics, Marine Resources Foundation, vol. 14(1). [Downloadable!]
  6. Richards, Timothy J. & Jeffrey, Scott R., 1995. "Hedonic Pricing of Dairy Bulls - An Alternative Index of Genetic Merit," Project Report Series 24035, University of Alberta, Department of Rural Economy. [Downloadable!]
  7. Parcell, Joe & Stiegert, Kyle, 1999. "Factors Affecting Wheat Protein Premiums," 1999 Annual meeting, August 8-11, Nashville, TN 21524, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  8. Faye, M.D. & Jooste, A. & Lowenberg-Deboer, J. & Fulton, J., 2004. "The influence of cowpea characteristics on cowpea prices in Senegal," Agrekon, Agricultural Economics Association of South Africa (AEASA), vol. 43(4), December. [Downloadable!]
  9. Fulgence Joseph Mishili & Joan Fulton & Mustafa Jamal & J. Lowenberg-DeBoer & Musa Shehu & Saket Kushwaha & Kofi Marfo & Alpha Chergna, 2007. "Consumer Preferences For Quality Characteristics Along The Cowpea Value Chain In Nigeria, Ghana And Mali," Working Papers 06-17, Purdue University, College of Agriculture, Department of Agricultural Economics. [Downloadable!]
  10. Lavoie, Nathalie, 2001. "Price Discrimination In The Context Of Vertical Differentiation: A Modeling Approach For Wheat Exports," 2001 Annual meeting, August 5-8, Chicago, IL 20603, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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This page was last updated on 2009-12-11.

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