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A hedonic price analysis of quality characteristics of Japanese wagyu beef

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Author Info

  • Thomas I. Wahl

    (Agricultural Economics, Washington State University)

  • Hongqi Shi

    (Postdoctoral Research Associate, Washington State University)

  • Ron C. Mittelhammer

    (Professor of Agricultural Economics and Adjunct Professor of Statistics, Washington State University)

Abstract

Understanding the implicit valuations of beef characteristics in the Japanese market has important policy implications for the U.S. beef industry. Hedonic price analysis was used to estimate beef characteristics values in Japan. Japanese Wagyu beef auction data were used in the analysis. © 1995 by John Wiley & Sons, Inc.

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Bibliographic Info

Article provided by John Wiley & Sons, Ltd. in its journal Agribusiness.

Volume (Year): 11 (1995)
Issue (Month): 1 ()
Pages: 35-44

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Handle: RePEc:wly:agribz:v:11:y:1995:i:1:p:35-44

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Web page: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1520-6297

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  1. Ladd, George W & Zober, Martin, 1977. " Model of Consumer Reaction to Product Characteristics," Journal of Consumer Research, University of Chicago Press, University of Chicago Press, vol. 4(2), pages 89-101, Se.
  2. Russell Davidson & James G. MacKinnon, 1980. "Several Tests for Model Specification in the Presence of Alternative Hypotheses," Working Papers, Queen's University, Department of Economics 378, Queen's University, Department of Economics.
  3. Morgan, Karen J & Metzen, Edward J & Johnson, S R, 1979. " An Hedonic Index for Breakfast Cereals," Journal of Consumer Research, University of Chicago Press, University of Chicago Press, vol. 6(1), pages 67-75, June.
  4. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
  5. Bierens, H.J., 1989. "A consistent conditional moment test of functional form," Serie Research Memoranda, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics 0064, VU University Amsterdam, Faculty of Economics, Business Administration and Econometrics.
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Cited by:
  1. Estes, Edmund A. & Smith, V. Kerry, 1996. "Price, Quality, And Pesticide Related Health Risk Considerations In Fruit And Vegetable Purchases: An Hedonic Analysis Of Tucson, Arizona Supermarkets," Journal of Food Distribution Research, Food Distribution Research Society, Food Distribution Research Society, vol. 27(3), October.
  2. Chikako Kajikawa, 1998. "Quality level and price in Japanese apple market," Agribusiness, John Wiley & Sons, Ltd., John Wiley & Sons, Ltd., vol. 14(3), pages 227-234.
  3. Singh-Knights, Doolarie & Smith, Dennis K. & Knights, Marlon, 2005. "A Hedonic Analysis of Sheep and Goat Prices in a Changing Environment: The Role of Consumers and Implications for Management," 2005 Annual meeting, July 24-27, Providence, RI, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) 19289, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  4. Toshihiro Okubo, 2013. "Energy-saving regulations and commodity prices," Environmental Economics and Policy Studies, Society for Environmental Economics and Policy Studies - SEEPS, Society for Environmental Economics and Policy Studies - SEEPS, vol. 15(1), pages 93-132, January.
  5. Farrell, Terence C. & Hopkins, David L., 2007. "A hedonic Model of Lamb Carcass Attributes," Australasian Agribusiness Review, University of Melbourne, Melbourne School of Land and Environment, University of Melbourne, Melbourne School of Land and Environment, vol. 15.
  6. Samikwa, Duncan D. & Brorsen, B. Wade & Sanders, Larry D., 1998. "Hedonic Prices Of Malawi Burley Tobacco," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association (IAMA), International Food and Agribusiness Management Association (IAMA), vol. 1(01).

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