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Market Windows And Hedonic Price Analyses: An Application To The Apple Insdustry

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  • Tronstad, Russell
  • Huthoefer, Lori Stephens
  • Monke, Eric A.

Abstract

Marketing concepts associated with quality, location, and time are integrated into a complete model, revealing the linkages between market window approaches and hedonic analysis. An integrated hedonic price model for the U.S. apple industry was estimated. Results suggested that size, storage method, grade, and seasonality are the most important influences on the price of apples. Area of apple origin and variety were the least important influences on apple prices, with the exception of the Granny Smith variety.

Suggested Citation

  • Tronstad, Russell & Huthoefer, Lori Stephens & Monke, Eric A., 1992. "Market Windows And Hedonic Price Analyses: An Application To The Apple Insdustry," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 17(2), pages 1-9, December.
    • Handle: RePEc:ags:jlaare:30940
    DOI: 10.22004/ag.econ.30940
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    References listed on IDEAS

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    Cited by:

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    4. Smed, Sinne & Hansen, Lars Garn, 2018. "Consumer Valuation of Health Attributes in Food," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 43(2), May.
    5. R. Karina Gallardo & Huixin Li & Vicki McCracken & Chengyan Yue & James Luby & James R. McFerson, 2015. "Market Intermediaries’ Willingness to Pay for Apple, Peach, Cherry, and Strawberry Quality Attributes," Agribusiness, John Wiley & Sons, Ltd., vol. 31(2), pages 259-280, April.
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    7. He, Chenyi & Gao, Zhifeng & House, Lisa & Guan, Zhengfei, 2016. "Impact of Sensory Quality and Labels on Consumer Preference of Fresh Strawberries," 2016 Annual Meeting, February 6-9, 2016, San Antonio, Texas 230122, Southern Agricultural Economics Association.
    8. N. Koffi Amegbeto & Victor M. Manyong & Ousmane Coulibaly & Robert Asiedu, 2008. "Estimating market demand for fresh yam characteristics using contingent valuation: implications for crop breeding and production choices," Agricultural Economics, International Association of Agricultural Economists, vol. 39(3), pages 349-363, November.
    9. Trestini, Samuele & Giampietri, Elisa & Szathvary, Serena & Dal Bianco, Andrea, 2018. "Insights on the Alleged Imitation of Prosecco Wine Name: The Case of the German Market," International Journal on Food System Dynamics, International Center for Management, Communication, and Research, vol. 9(4), August.
    10. 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 Resource Economics and Environmental Sociology.
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