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Spatial And Varietal Price Analysis Of Dry Edible Bean Markets

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  • Liang, Chyi-Lyi (Kathleen)
  • Feuz, Dillon M.
  • Taylor, R. Garth

Abstract

Dry bean prices, as received by the grower and the dealer, were analyzed for four different production regions, and for two of the major varieties grown in the US. The dry bean price series were not stationary. Prices for each variety were cointegrated across the production regions and between grower and dealer markets. However causality tests failed to show the dominant regional variety as the price leader. Further, prices of the two varieties were not cointegrated, which indicated that growers would benefit from growing more than one variety at the same time.

Suggested Citation

  • Liang, Chyi-Lyi (Kathleen) & Feuz, Dillon M. & Taylor, R. Garth, 1998. "Spatial And Varietal Price Analysis Of Dry Edible Bean Markets," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 1(3), pages 1-17.
  • Handle: RePEc:ags:ifaamr:34517
    DOI: 10.22004/ag.econ.34517
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    File URL: https://ageconsearch.umn.edu/record/34517/files/01030417.pdf
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    References listed on IDEAS

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    Cited by:

    1. Lau, Evan & Puah, Chin-Hong & Oh, Swee-Ling & Lo, Yan-Ching, 2008. "Causality between White Pepper and Black Pepper: Evidence from Six Markets in Sarawak," MPRA Paper 6552, University Library of Munich, Germany.

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