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An analysis of the demand for fresh fruit in Scotland

100%

Revoredo-Giha C., Florkowski W. J.

Roczniki Naukowe Stowarzyszenia Ekonomistów Rolnictwa i Agrobiznesu

2013

tom 15

nr 3

The purpose of this study is to analyse the demand for fresh fruits in Scotland in order to provide evidence about their sensitivity to changes in prices and income. Six fresh fruit categories were studied using time series for the period 2006 to 2011: citrus, apples and pears, bananas, grapes, soft fruit, a residual category and other fruits. The series were constructed from a consumer panel that reports weekly purchases by approximately 1300 households and which allowed to construct thirteen periods of four weeks each year. The demand for fruits was modelled using a dynamic version of the Almost Ideal Demand System. Short term and long term conditional elasticities (Marshallian, Hicksian and expenditure) were estimated. The results from the long term elasticities indicated the demand for all the categories were sensitive to changes in prices. Grapes and soft fruits were the most price elastic fruits. In addition, whilst all the expenditure elasticities were positive, the elasticity of citrus was greater than one, apple and pears, bananas and grapes were approximately one and soft fruit and other fresh fruits were less than one.

Ograniczanie wyników

1 Roczniki Naukowe Stowarzyszenia Ekonomistów Rolnictwa i Agrobiznesu

1 Florkowski W. J.

1 Revoredo-Giha C.

1 2013

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An analysis of the demand for fresh fruit in Scotland