IDEAS home Printed from https://ideas.repec.org/p/ags/aare90/144924.html
   My bibliography  Save this paper

Beef Quality Preferences in Western Australia

Author

Listed:
  • Chenhall, Daranee
  • Fraser, Rob W.

Abstract

A declining per capita consumption of beef and veal in Western Australia has encouraged an interest in the better matching of supply to consumer needs. Consumers' preferences for quality attributes of goods is reflected in the price consumers pay for the goods. These preferences may be transmitted backwards through each stage of the marketing channel and are reflected in the prices producers receive for goods of different quality. Producers are therefore encouraged to tailor these products to meet consumer preferences. Hedonic price analysis, a technique for analysing consumer preferences for quality attributes, is applied to different stages of the marketing channel, ie producer-wholesaler and wholesaler-retailer. A close correspondence in quality-related price differentials at the various levels of the marketing channel would indicate the possibility for efficient communication of price signals from consumers to producers. A sample of 516 cattle and carcasses has been chosen over a period of five weeks during winter and spring. Cattle are individually identified and their progress from live auction to carcass sale is studied with information collected as to selected quality characteristics and the prices. In this paper, the price of cattle has been hypothesised to be a function of liveweight, breed, nutrition, buying source, age, sex, fat depth, season, and location of abattoir; while the carcass price is explained by carcass weight, nutrition, age, sex, fat depth, fat and meat colour, fat and meat texture, bruising, season, and location of abattoir. The preliminary analysis indicated that weight, buying source, age, sex, fat depth, colour, texture, bruising and season are important characteristics for determinants of price.
(This abstract was borrowed from another version of this item.)

Suggested Citation

  • Chenhall, Daranee & Fraser, Rob W., 1990. "Beef Quality Preferences in Western Australia," 1990 Conference (34th), February 13-15, 1990, Brisbane, Australia 144924, Australian Agricultural and Resource Economics Society.
  • Handle: RePEc:ags:aare90:144924
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/144924
    Download Restriction: no

    Other versions of this item:

    References listed on IDEAS

    as
    1. Ethridge, Don E. & Davis, Bob, 1982. "Hedonic Price Estimation For Commodities: An Application To Cotton," Western Journal of Agricultural Economics, Western Agricultural Economics Association, vol. 7(02), December.
    2. Ratchford, Brian T, 1975. " The New Economic Theory of Consumer Behavior: An Interpretive Essay," Journal of Consumer Research, Oxford University Press, vol. 2(2), pages 65-75, Se.
    3. Porter, Darrell & Todd, Mike C., 1985. "The Effect Of Carcass Quality On Beef Carcass Auction Prices," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 29(03), December.
    4. George W. Ladd & Veraphol Suvannunt, 1976. "A Model of Consumer Goods Characteristics," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(3), pages 504-510.
    5. Darrell Porter & Mike C. Todd, 1985. "The Effect Of Carcass Quality On Beef Carcass Auction Prices," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 29(3), pages 225-234, December.
    6. George W. Ladd & Marvin B. Martin, 1976. "Prices and Demands for Input Characteristics," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 58(1), pages 21-30.
    7. Wilson, T.D. & Wissemann, A.F., 1981. "A Note on the Attitudes of Retailers to Beef Carcass Classification," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 49(01), April.
    8. Naughtin, John C. & Quilkey, John J., 1979. "Pricing Efficiency In The Retail Meat Market," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 23(01), April.
    9. Todd, Mike C. & Cowell, M.D., 1981. "Within-Sale Price Variation At Cattle And Carcass Auctions," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 25(01), April.
    10. Griffith, Garry R., 1974. "Sydney Meat Marketing Margins - An Econometric Analysis," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 42(04), December.
    11. Marceau, Ian W., 1967. "Quarterly Estimates Of The Demand And Price Structure For Meat In New South Wales," Australian Journal of Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 11(01), June.
    12. Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
    13. John C. Naughtin & John J. Quilkey, 1979. "Pricing Efficiency In The Retail Meat Market," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 23(1), pages 48-61, April.
    14. M. C. Todd & M. D. Cowell, 1981. "Within‐Sale Price Variation At Cattle And Carcass Auctions," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 25(1), pages 30-47, April.
    15. Jolie B. Pardew, 1988. "Estimating how quality characteristics and marketing services affect alfalfa hay prices," Agribusiness, John Wiley & Sons, Ltd., vol. 4(2), pages 167-175.
    16. Cowell, M.D. & Todd, Mike C., 1980. "Price and Cost Aspects of Alternative Cattle Selling Methods," Review of Marketing and Agricultural Economics, Australian Agricultural and Resource Economics Society, vol. 48(03), December.
    17. Lucas, Robert E B, 1975. "Hedonic Price Functions," Economic Inquiry, Western Economic Association International, vol. 13(2), pages 157-178, June.
    18. Ian W. Marceau, 1967. "Quarterly Estimates Of The Demand And Price Structure For Meat In New South Wales," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 11(1), pages 49-62, June.
    19. Laurian J. Unnevehr, 1986. "Consumer Demand for Rice Grain Quality and Returns to Research for Quality Improvement in Southeast Asia," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 68(3), pages 634-641.
    Full references (including those not matched with items on IDEAS)

    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:aare90:144924. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/aaresea.html .

    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 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.

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

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.