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A Hedonic Price Model of the Paris Carcase Lamb Market

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  • O'Connell, John

Abstract

Based on a lamb carcass classification and pricing exercise in the Paris wholesale market at Rungis, an equation was estimated which regresses prices on farm-based and factory-based quality aspects and on country of origin of the carcasses. The revenue foregone per car- cass by each supplying country, because of divergence from the optimal quality, is quantified and allocated to particular quality attributes. For all countries quality improvement would yield substantially increased revenue. Supplying countries other than France suffer a substantial country-of-origin discount which is not justified on quality considerations. Further research is necessary on this phenomenon. Copyright 1986 by Oxford University Press.

Suggested Citation

  • O'Connell, John, 1986. "A Hedonic Price Model of the Paris Carcase Lamb Market," European Review of Agricultural Economics, Oxford University Press and the European Agricultural and Applied Economics Publications Foundation, vol. 13(4), pages 439-450.
    • Handle: RePEc:oup:erevae:v:13:y:1986:i:4:p:439-50
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    Cited by:

    1. Herrmann, Roland & Roeder, Claudia, 1998. "Some neglected issues in food demand analysis: retail-level demand, health information and product quality," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 42(4), pages 1-27.
    2. Ahmadi-Esfahani, Fredoun Z. & Stanmore, Roland G., 1997. "Export demand for attributes of Australian wheat in Asia and the Middle East," Food Policy, Elsevier, vol. 22(2), pages 145-154, April.
    3. Mullen, John D., 1995. "The Influence of Fat and Weight on the Price of Lamb in the Homebush Livestock and Wholesale Markets," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 63(01), pages 1-13, April.

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