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