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Estimating Implicit Marginal Prices of Quality Characteristics of Tomatoes

Published online by Cambridge University Press:  28 April 2015

Jeffery L. Jordan ,
R. L. Shewfelt ,
S. E. Prussia  and
W. C. Hurst
Jeffery L. Jordan
Affiliation:
Department of Agricultural Economics, University of Georgia, Georgia Experiment Station
R. L. Shewfelt
Affiliation:
Department of Food Science, University of Georgia, Georgia Experiment Station
S. E. Prussia
Affiliation:
Department of Agricultural Engineering, University of Georgia, Georgia Experiment Station
W. C. Hurst
Affiliation:
Food Science Extension, University of Georgia, Athens
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Abstract

A hedonic price function is developed for estimating the implicit prices for selected quality characteristics of fresh tomatoes at three points in the marketing season. The estimation of this function, proposed as a method of evaluating changes in the post-harvest system, is accomplished using a flexible functional form. Those quality characteristics that most affect the price of tomatoes can help determine the economic feasibility of alternative handling techniques or new technologies.

Keywords

hedonic price functionpost-harvest handlingquality characteristicsBox-Coxtomatoes
Type
Articles
Information
Journal of Agricultural and Applied Economics , Volume 17 , Issue 2 , December 1985 , pp. 139 - 146
Copyright
Copyright © Southern Agricultural Economics Association 1985

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