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Production Responses and Price Determination in the Florida Watermelon Industry

  • G. Bryan Wall (a1) and Daniel S. Tilley (a1)

Extract

This article presents a model of the Florida watermelon industry that quantifies aggregate entry and exit decisions and the effect of interregional competition on prices received by Florida growers. The model development is presented first and is followed by estimation of the model's parameters. Policy implications from the model are then developed.

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[1] Federal-State Market News Service, Marketing Watermelons, various issues P. O. Drawer 14127, North Palm Beach, Florida.
[2] Florida Crop and Livestock Reporting Service, Vegetable Summary, various issues, 1222 Woodward Avenue, Orlando, Florida.
[3] Suits, Daniel B.An Econometric Model of the Watermelon Market,” Journal of Farm Economics, Volume 37, August 1955.
[4] Waugh, Frederick V.Cobweb Models,” Journal of Farm Economics, Volume 46, November 1964.

Production Responses and Price Determination in the Florida Watermelon Industry

  • G. Bryan Wall (a1) and Daniel S. Tilley (a1)

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