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Regional Wholesale Price Relationships in the Presence of Counter-Seasonal Imports

Published online by Cambridge University Press:  26 January 2015

Kellie Curry Raper ,
Suzanne Thornsbury  and
Cristobal Aguilar
Kellie Curry Raper
Affiliation:
Agricultural Economics, Oklahoma State University, Stillwater, OK
Suzanne Thornsbury
Affiliation:
Agriculture, Food, and Resource Economics, Michigan State University, East Lansing, MI
Cristobal Aguilar
Affiliation:
Agricultural Cooperative Development International/Volunteers in Overseas Cooperative Assistance (ACDI/VOCA), La Paz, Bolivia
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Abstract

Counter-seasonal imports of fresh produce facilitate year-round availability in the U.S. and may impact the seasonal structure of market price relationships. Vector autoregression analysis is used to determine the nature and extent of spatial price relationships among four geographically distinct regions in the U.S. fresh peach wholesale market. We evaluate differences in regional spatial price relationships and find statistical evidence that price relationships among regions are different in periods dominated by regional domestic supplies imports compared with periods when counter-seasonal imports dominate the market.

Keywords

counter-seasonal importsprice analysisregional pricesspatial pricesVARQ1Q11Q13

Information

Type
Research Article
Information
Journal of Agricultural and Applied Economics , Volume 41 , Issue 1 , April 2009 , pp. 271 - 290
Copyright
Copyright © Southern Agricultural Economics Association 2009

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