IDEAS home Printed from https://ideas.repec.org/p/ags/aaea91/271082.html
   My bibliography  Save this paper

Hedonic Price Analysis Of Cotton In Daily Market Reporting

Author

Listed:
  • Ethridge, Don
  • Morse, Steve
  • Engels, Carlos

Abstract

Procedures for hedonic model determinations of market prices, premiums, and discounts for cotton fiber attributes have been developed for daily market price reporting. Model results and current market quotations both track market prices in the Texas-Oklahoma markets accurately. The model provides a more detailed set of quality premiums and discounts and avoids a systematic bias which occurs in the market quotations.

Suggested Citation

  • Ethridge, Don & Morse, Steve & Engels, Carlos, 1991. "Hedonic Price Analysis Of Cotton In Daily Market Reporting," 1991 Annual Meeting, August 4-7, Manhattan, Kansas 271082, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea91:271082
    DOI: 10.22004/ag.econ.271082
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/271082/files/aaea-1991-016.pdf
    Download Restriction: no
    File URL: https://ageconsearch.umn.edu/record/271082/files/aaea-1991-016.pdf?subformat=pdfa
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.271082?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Ladd, George W & Zober, Martin, 1977. "Model of Consumer Reaction to Product Characteristics," Journal of Consumer Research, Journal of Consumer Research Inc., vol. 4(2), pages 89-101, Se.
    2. Ethridge, Don E. & Neeper, Jarral T., 1987. "Producer Returns from Cotton Strength and Uniformity: An Hedonic Price Approach," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 19(1), pages 91-98, July.
    3. Jordan, Jeffrey L. & Shewfelt, R.L. & Prussia, Stanley E. & Hurst, W.C., 1985. "Estimating Implicit Marginal Prices Of Quality Characteristics Of Tomatoes," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(2), pages 1-8, December.
    4. Biing-Hwan Lin & Hiroshi Mori, 1991. "Implicit values of Beef carcass characteristics in Japan: Implications for the US Beef export industry," Agribusiness, John Wiley & Sons, Ltd., vol. 7(2), pages 101-114.
    5. Jordan, Jeffery L. & Shewfelt, R. L. & Prussia, S. E. & Hurst, W. C., 1985. "Estimating Implicit Marginal Prices of Quality Characteristics of Tomatoes," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 17(2), pages 139-146, December.
    6. Ethridge, Don E. & Neeper, Jarral T., 1987. "Producer Returns From Cotton Strength And Uniformity: An Hedonic Price Approach," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 19(01), pages 1-7, July.
    7. Ethridge, Don E., 1978. "A Computerized Remote-Access Commodity Market: Telcot," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 10(2), pages 1-6, December.
    8. repec:bla:scandj:v:81:y:1979:i:2:p:154-73 is not listed on IDEAS
    9. Ethridge, Don E., 1978. "A Computerized Remote-Access Commodity Market: Telcot," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 10(2), pages 177-182, December.
    10. Wilson, William W., 1984. "Hedonic Prices In The Malting Barley Market," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 9(01), pages 1-12, July.
    11. Puttock, G. David & Prescott, D.M. & Meilke, Karl D., 1989. "Stumpage Prices In Southwestern Ontario: A Hedonic Function Approach," Working Papers 123573, University of Guelph, Department of Food, Agricultural and Resource Economics.
    12. Lyle P. Fettig, 1963. "Adjusting Farm Tractor Prices for Quality Changes, 1950–1962," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 45(3), pages 599-611.
    13. Palmquist, Raymond B, 1984. "Estimating the Demand for the Characteristics of Housing," The Review of Economics and Statistics, MIT Press, vol. 66(3), pages 394-404, August.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. 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.
    2. 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, Southern Agricultural Economics Association, vol. 27(2), pages 1-14, December.
    3. Larkin, Sherry L. & Sylvia, Gilbert, 1998. "Firm-Level Hedonic Analyses Of U.S. Produced Surimi: Implications For Processors And Resource Managers," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20916, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. 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.
    5. Ekanem, Enefiok P. & Sundquist, W. Burt, 1993. "Estimating Marginal Implicit Prices For Selected Quality Attributes Of Hybrid Seed Corn," Staff Papers 13473, University of Minnesota, Department of Applied Economics.
    6. 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.
    7. Ethridge, Don E. & Neeper, Jarral T., 1987. "Producer Returns From Cotton Strength And Uniformity: An Hedonic Price Approach," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 19(01), pages 1-7, July.
    8. 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.
    9. Stockton, Matthew C. & Capps, Oral Jr., 2005. "Nerlovian Hedonic Models For Three Different Container Sizes Of Fluid Milk," A.E. Research Series 305038, University of Idaho, Department of Agricultural Economics and Rural Sociology.
    10. Tollner, Ernest W. & Prussia, Stanley E. & Florkowski, Wojciech J., 2006. "Modeling Product Flow Through a Generic Post-Harvest Distribution System," Journal of Food Distribution Research, Food Distribution Research Society, vol. 37(2), pages 1-12, July.
    11. Mundy, Karen & Coale, Charles W., Jr. & Sterrett, Susan B., 1997. "To Market. . To Market . . . Seven Steps To A Marketing Plan For Horticultural Products," Report Papers 14846, Virginia Tech, Rural Economic Analysis Program (REAP).
    12. Jerop, Rebecca, 2012. "Consumer Willingness to Pay for Dairy Goat Milk in Siaya County, Kenya," Research Theses 243449, Collaborative Masters Program in Agricultural and Applied Economics.
    13. Goodwin, Harold L., Jr. & Fuller, Stephen W. & Capps, Oral, Jr. & Asgill, Oladimagi W., 1988. "Factors Affecting Fresh Potato Price In Selected Terminal Markets," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 13(2), pages 1-11, December.
    14. Lee, Jung-Hee & Brorsen, B. Wade, 1994. "Effect of Risk Aversion on Feeder Cattle Prices," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 26(2), pages 386-392, December.
    15. Bierlen, Ralph W. & Grunewald, Orlen C., 1995. "Price Incentives For Commercial Fresh Tomatoes," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 27(01), pages 1-11, July.
    16. Russell, James R. & Purcell, Wayne D., 1980. "Implementation Of Electronic Marketing Of Slaughter Cattle In Virginia: Requirements And Procedures," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 12(01), pages 1-8, July.
    17. Gabrielyan, Gnel & Marsh, Thomas L., 2012. "Domestic and Export Price Formation of U.S. Hops," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124722, Agricultural and Applied Economics Association.
    18. Hoelper, Antonia L. & Marra, Michele C., 1991. "Quality Changes And Limited Marketing Season Effects On The Demand For Fresh Blueberries," Northeastern Journal of Agricultural and Resource Economics, Northeastern Agricultural and Resource Economics Association, vol. 20(2), pages 1-7, October.
    19. 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.
    20. Iddo Kan, 2008. "Yield quality and irrigation with saline water under environmental limitations: the case of processing tomatoes in California," Agricultural Economics, International Association of Agricultural Economists, vol. 38(1), pages 57-66, January.

    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:ags:aaea91:271082. 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.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with 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: AgEcon Search (email available below). General contact details of provider: http://www.aaea.org .

    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.