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http://dx.doi.org/10.11625/KJOA.2017.25.1.37

An Analysis of the Price and Scale Flexibilities on Different Varieties of Green Pepper  

Choi, Se-Hyun (부산대학교 농업경제학과)
Noh, Su-Jeong (한국농촌경제연구원)
Cho, Jae-Hwan (부산대학교 농업경제학과)
Publication Information
Korean Journal of Organic Agriculture / v.25, no.1, 2017 , pp. 37-52 More about this Journal
Abstract
Three varieties of green pepper - Chungyang pepper, Cucumber-taste pepper and Nokgwang pepper - are competing with one another in consumption due to the overlapping shipment period. The objective of this study is to analyze the influence of monthly variations of shipment quantities on the wholesale market prices. A Linear Approximated Inverse Almost Ideal Demand System (LA/IAIDS) is employed with monthly data set of three different varieties of green pepper consumption. The results show that if there is an excess supply in the market, the rate of the price decline is larger for forcing culture Chungyang pepper than other pepper varieties. On the contrary, change in supply of cucumber-taste pepper and Nokgwang pepper has little effect on the price of Chungyang pepper. The results of this study can be utilized as a basic information for enhancing the farm income and promoting agricultural policies related to the establishment of self-help funds by Chungyang pepper producer groups in Gyeongnam region.
Keywords
green pepper; inverse almost ideal demand system; price and scale flexibility;
Citations & Related Records
Times Cited By KSCI : 1  (Citation Analysis)
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