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Organic farmers, wholesalers, and retailers need price forecasts to improve their decision-making practices. This paper presents a methodology and protocol to select the best performing method from several time and frequency domain candidates. Weekly farmgate prices for organic fresh produce are...
Persistent link: https://www.econbiz.de/10005798627
A generalized Heckman model of purchase decisions incorporating perceived consumer quality attributes, ease of purchase, and familiarity with marketing outlets as factors influencing pecan purchases is estimated. Marketing efforts that encourage consumers to expand expenditures on nut products...
Persistent link: https://www.econbiz.de/10005469104
Organic farmers, wholesalers, and retailers need reliable price forecasts to improve their decision- making practices. This paper presents a methodology and protocol to select the best-performing method from several time and frequency domain candidates. Weekly farmgate prices for organic fresh...
Persistent link: https://www.econbiz.de/10005476974
Fixed search costs associated with locating and purchasing pecans invalidate the Tobit model. Factors such as perceived quality, ease of purchase, and familiarity with marketing outlets influence the fixed costs of pecan purchases. These factors have differing impacts on the probability of...
Persistent link: https://www.econbiz.de/10005493750
We examine consistency with economic theory of markup decisions for a risk averse firm facing demand uncertainty. We derive testable comparative static results that describe the influence on the markup of expected demand, demand uncertainty, average variable costs and exogenous demand shifters....
Persistent link: https://www.econbiz.de/10005493755
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Persistent link: https://www.econbiz.de/10009203122
Research suggests that in the short run, the production, distribution, and consumption of ethanol will create about 20 percent fewer greenhouse-gas emissions than the equivalent processes for gasoline. In the long run, the result is less clear. If increases in the production of ethanol led to a...
Persistent link: https://www.econbiz.de/10009203433
As food and energy commodity prices surged in late 2007 and most of 2008, there was a renewed interest in updated estimates of the impact of these increases on retail food prices. The drop in commodity prices (September 2008- March 2009) leads to the same set of questions in the opposite...
Persistent link: https://www.econbiz.de/10009203457
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