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Comparative price information and price dispersion in the Saskatchewan market for farm inputs

Author

Listed:
  • J. S. Taylor

    (Department of Agricultural Economics, University of Saskatchewan, Saskatoon, Canada)

  • John Spriggs

    (Department of Agricultural Economics, University of Saskatchewan, Saskatoon, Canada)

  • S. N. Kulshreshtha

    (Department of Agricultural Economics, University of Saskatchewan, Saskatoon, Canada)

  • E. Knopf

    (Department of Agricultural Economics, University of Saskatchewan, Saskatoon, Canada)

Abstract

Since September 1985, the Saskatchewan Farm Input Price Survey has provided farmers and farm-related businesses with detailed price information on purchased farm inputs. From economic theory such information may be expected to result in a reduction of price dispersion. The results of this study agree with the theory. It was found that price dispersion was significantly reduced both within trading centers and between trading centers over the two-year history of the Survey.

Suggested Citation

  • J. S. Taylor & John Spriggs & S. N. Kulshreshtha & E. Knopf, 1989. "Comparative price information and price dispersion in the Saskatchewan market for farm inputs," Agribusiness, John Wiley & Sons, Ltd., vol. 5(4), pages 335-345.
    • Handle: RePEc:wly:agribz:v:5:y:1989:i:4:p:335-345
    DOI: 10.1002/1520-6297(198907)5:4<335::AID-AGR2720050404>3.0.CO;2-P
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    References listed on IDEAS

    as
    1. Stigler, George J., 2011. "Economics of Information," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 35-49.
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    3. Paroush, Jacob, 1986. "Inflation, search costs and price dispersion," Journal of Macroeconomics, Elsevier, vol. 8(3), pages 329-336.
    4. Robert D. Boynton & Brian F. Blake & Joe N. Uhl, 1983. "Retail Price Reporting Effects in Local Food Markets," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 65(1), pages 20-29.
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