Date of Graduation
8-2012
Document Type
Thesis
Degree Name
Master of Science in Agricultural Economics (MS)
Degree Level
Graduate
Department
Agricultural Economics and Agribusiness
Advisor/Mentor
Michael R. Thomsen
Committee Member
Daniela Hupkova
Second Committee Member
Bruce L. Ahrendsen
Keywords
Social sciences, Almost ideal demand system, Berry crops, Demand elasticities, Equilibrium displacement model
Abstract
This thesis contains a market analysis of fresh berries in United States. Specifically, it addresses strawberry, blueberry, blackberry and raspberry markets during 2008-2011. A double log model and the Almost Ideal Demand model are used to gain insight into the demand side of the market. An equilibrium displacement model is used to develop suggestions for producers and decision makers. The results demonstrate that retail demand for berry crops is elastic and that the different berries are substitutes for one another. The equilibrium displacement model is used to predict producer surplus changes to industry wide efforts aimed at both production efficiencies and promotion of berries to consumers. There are positive spillovers from one berry market to another in the case of promotion.
Citation
Sobekova, K. (2012). Market Analysis of Fresh Berries in the United States. Graduate Theses and Dissertations Retrieved from https://scholarworks.uark.edu/etd/517