In this paper we estimate the price and income elasticities for five sweet spreads using a two-stage budgeting procedure. The first stage modeled the consumer's budget decision as a Tobit model, where total sweet spread expenditures are based on income and demographic variables. The second...

An economic model was developed to gain an understanding of price flows in the markets for New York Red Delicious and New York McIntosh apples. Price transmission processes of two apple products, fresh apples and apple juice, are analyzed and compared. Specific emphasis is placed on evaluating...