Hedonic Price Estimation for Commodities: An Application to Cotton

Date

1982-12

Authors

Davis, Bob
Ethridge, Don E.

Journal Title

Journal ISSN

Volume Title

Publisher

Western Agricultural Economics Association

Abstract

A model of hedonic prices- implicit prices of embodied quality attributes- was developed for cotton lint and the relative importance of various quality attributes were estimated with regression analysis from sample data on observed sales of cotton. Results indicated that producer prices were sensitive to variations in fiber length, micronaire, and trash content. Results also revealed differences in relative importance and sensitivity between years.

Description

Keywords

Citation

Ethridge, D., B. Davis. "Hedonic Price Estimation for Commodities: An Application to Cotton." _Western Journal of Agricultural Economics_ December (1982):293-300.