This study formulates and estimates a six-equation model for canned cling peaches and fruit cocktail in which processors are viewed as price setters, with qualities not sold at the set price carried over to the next year. The system consists of two price-markup equations, two quantity-dependent...

This study analyzes the demand for food commodities in the United States in the postwar period using both time-series and cross-section data. Income-consumption relationships are based on data from 1955 and 1965 USDA household food consumption surveys. The analysis co cross section data...

During the past two decades, the natural fibers (cotton and wool) have faced intense competition from artificial fibers (cellulosics and noncellulosics). This study analyzes interfiber competition during the past two decades in terms of (1) retail demand for six end products-men's apparel,...

This study analyzes U.S. consumer budget allocations among 11 aggregate commodity groups for the period 1948-78. Also budget allocations among four food groups are analyzed for this same period. Several alternative model specifications are analyzed. Emphasis is given to the Deaton-Muellbauer...

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Raw product prices for many processed fruits and vegetables are determined in part as an outcome of negotiations between processors and farmer bargaining associations. In such cases, unique market equilibrium solutions may not exist. This study develops a framework for price prediction under...