IDEAS home Printed from https://ideas.repec.org/a/cup/jagaec/v27y1995i02p409-422_02.html

An Automated Econometric Approach for Estimating and Reporting Daily Cotton Market Prices

Author

Listed:
  • Brown, Jeff E.
  • Ethridge, Don E.
  • Hudson, Darren
  • Engels, Carlos

Abstract

An automated price reporting system developed through computer technology and hedonic price theory is used to estimate daily cotton market prices, premiums, and discounts. This objective approach for reporting cotton market prices was developed to complement the objective measures of high volume instrument grading of cotton. The computerized, econometric system is limited to the Texas and Oklahoma marketing regions where sales are readily available from electronic markets. The econometric based system has shown all the characteristics of an efficient price reporting system; it is accurate, reliable, consistent, and repeatable in its working process and price estimates.

Suggested Citation

  • Brown, Jeff E. & Ethridge, Don E. & Hudson, Darren & Engels, Carlos, 1995. "An Automated Econometric Approach for Estimating and Reporting Daily Cotton Market Prices," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 27(2), pages 409-422, December.
    • Handle: RePEc:cup:jagaec:v:27:y:1995:i:02:p:409-422_02
    as

    Download full text from publisher

    File URL: https://www.cambridge.org/core/product/identifier/S1074070800028467/type/journal_article
    File Function: link to article abstract page
    Download Restriction: no
    ---><---

    Other versions of this item:

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Ted C. Schroeder & Brian K. Coffey & Glynn T. Tonsor, 2023. "Hedonic modeling to facilitate price reporting and fed cattle market transparency," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 45(3), pages 1716-1733, September.
    2. Larson, James A. & Roberts, Roland K. & Gwathmey, C. Owen, 2006. "Effects of Herbicide-Resistant Technology Fees on the Plant Population Decision for Cotton Production," 2006 Annual meeting, July 23-26, Long Beach, CA 21208, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Kleijnen, Jack P.C. & van Schaik, Frans D.J., 2011. "Sealed-bid auction of Netherlands mussels: Statistical analysis," International Journal of Production Economics, Elsevier, vol. 132(1), pages 154-161, July.
    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. van Schaik, F.D.J. & Kleijnen, J.P.C., 2001. "Sealed-Bid Auctions : Case Study," Discussion Paper 2001-73, Tilburg University, Center for Economic Research.
    6. Ethridge, Don E. & Misra, Sukant K. & Fadiga, Mohamadou L., 2004. "Texas-Oklahoma Producer Cotton Market Summary: 2003/2004," Cotton Economics Research Institute CER Series 31246, Texas Tech University, Department of Agricultural and Applied Economics.
    7. Darren Hudson & Emmett Elam & Don Ethridge & Jeff Brown, 1996. "Price information in Producer markets: An evaluation of futures and spot cotton price relationships in the southwest region using cointegration," Agribusiness, John Wiley & Sons, Ltd., vol. 12(4), pages 363-369.
    8. Jan Tyrychtr & Martin Pelikán & Hana Štiková & Ivan Vrana, 2018. "EM-OLAP Framework," Business & Information Systems Engineering: The International Journal of WIRTSCHAFTSINFORMATIK, Springer;Gesellschaft für Informatik e.V. (GI), vol. 60(6), pages 543-562, December.
    9. Hudson, Darren & Jones, Tom, 2001. "Willingness to Plant Identity Preserved Crops: The Case of Mississippi Soybeans," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 33(3), pages 475-485, December.
    10. Ward, Jason & Nelson, Jeannie & Misra, Sukant K. & Ethridge, Don E., 2001. "Texas-Oklahoma Producer Cotton Market Summary: 2000/2001," Cotton Economics Research Institute CER Series 31249, Texas Tech University, Department of Agricultural and Applied Economics.
    11. MacDonald, Stephen & Naik, Gopal & Landes, Rip, 2010. "Markets, Institutions, and the Quality of Agricultural Products: Cotton Quality in India," 2010 Annual Meeting, July 25-27, 2010, Denver, Colorado 61854, Agricultural and Applied Economics Association.
    12. Nelson, Jeannie & Hoelscher, Kevin & Misra, Sukant K. & Ethridge, Don E., 2000. "Texas-Oklahoma Producer Cotton Market Summary: 1999/2000," Cotton Economics Research Institute CER Series 31242, Texas Tech University, Department of Agricultural and Applied Economics.
    13. Sanders, Dane & Misra, Sukant K. & Ethridge, Don E., 2002. "Texas - Oklahoma Producer Cotton Market Summary: 2001/2002," Cotton Economics Research Institute CER Series 31245, Texas Tech University, Department of Agricultural and Applied Economics.
    14. Hossain, Afjal & Badiuzzaman,, 2021. "Hedonic prices for the fruit market in Bangladesh: Lessons from guava and hog plum purchase decisions," Journal of Retailing and Consumer Services, Elsevier, vol. 62(C).
    15. Sanders, Dane & Wankhede, Pallavi & Misra, Sukant K. & Ethridge, Don E., 2003. "Texas-Oklahoma Producer Cotton Market Summary: 2002/2003," Cotton Economics Research Institute CER Series 31248, Texas Tech University, Department of Agricultural and Applied Economics.
    16. Chen, Changping & Ethridge, Don E. & Fletcher, Stanley M., 1997. "Textile Manufacturers' Market Valuation Of Cotton Fiber Attributes," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 29(01), pages 1-11, July.
    17. Hoelscher, Kevin & Ethridge, Don E. & Misra, Sukant K., 1998. "Texas-Oklahoma Producer Cotton Market Summary: 1997/98," Cotton Economics Research Institute CER Series 31250, Texas Tech University, Department of Agricultural and Applied Economics.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:cup:jagaec:v:27:y:1995:i:02:p:409-422_02. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no bibliographic references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Kirk Stebbing (email available below). General contact details of provider: https://www.cambridge.org/aae .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.