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U.S. Kiwifruit Industry Model: Annual Supply and Monthly Demand

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  • Peterson, Hikaru Hanawa
  • Willett, Lois Schertz

Abstract

A dynamic econometric model of the U.S. kiwifruit industry provides a framework for empirical analysis of small-scale commodities, particularly those used by producers for diversification. Production and marketing processes are explained by annual and monthly components, respectively. Results confirm that plantings were speculative and that economic feasibility critically impacts acreage retention as the industry matures. Prices at alternative outlets and fruit quality in storage affect monthly shipments. Flexibilities of monthly f.o.b. prices imply elastic kiwifruit demand, and imports are found to be substitutes. The industry could increase its average annual gross revenue by marketing the crop earlier in the season.

Suggested Citation

  • Peterson, Hikaru Hanawa & Willett, Lois Schertz, 2000. "U.S. Kiwifruit Industry Model: Annual Supply and Monthly Demand," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 32(3), pages 479-491, December.
    • Handle: RePEc:cup:jagaec:v:32:y:2000:i:03:p:479-491_02
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    Cited by:

    1. Ibrahim, Mohammed & Florkowski, Wojciech J., 2004. "Price-Inventory Relationship In The Pecan Industry: A Study Of Long- And Short-Run Effects With Seasonal Consideration," 2004 Annual Meeting, February 14-18, 2004, Tulsa, Oklahoma 34636, Southern Agricultural Economics Association.

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