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There is a strong competition from low-priced imported catfish fillets resulting in a declining market share for domestic farm-raised catfish fillets. To match the competition, catfish processors are embarking on pricing policy measures that are volume-oriented instead of profit- or...
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The purpose of this research is to assess any risk-shifting behavior in the catfish market between processors and farmers. Over 93% of farm-raised catfish are sold through fish processing companies, and processors largely dictate the terms of trade, particularly size requirements. The classic...
Persistent link: https://www.econbiz.de/10009443191
A dynamic multiple-indicator multiple-cause (MIMIC) framework was used to estimate the latent variable reputation with price premiums for Washington apples and attributes that covered the period July 1996 to November 1999. A maximum likelihood two-stage approach was employed. For comparison...
Persistent link: https://www.econbiz.de/10009443548
Financial principles of project investment analysis deal with the cost and benefit flows over time. Invariably, the correct future cash flows and exact risks are unknown. The agricultural academic literature devotes substantial energy to discussing the estimation of the cash flows but it is...
Persistent link: https://www.econbiz.de/10009443918
There is a strong competition from low-priced imported catfish fillets resulting in a declining market share for domestic farm-raised catfish fillets. To match the competition, catfish processors are embarking on pricing policy measures that are volume-oriented instead of profit- or...
Persistent link: https://www.econbiz.de/10009444895
This paper forecasts market share for U.S. frozen, farm-raised catfish fillets using alternative logit formulations. Results suggest the log inverse power transformation (IPT) performs better than the simple logit and IPT logit models, and had the smallest percentage errors for out-of-sample...
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