AN ECONOMETRIC MODEL OF THE BANANAS MARKET IN MEXICO (1964-1990)

Authors

  • Cristóbal Martín Cuevas-Alvarado
  • Roberto García-Mata
  • José S. Mora-Flores
  • José M. Omaña-Silvestre
  • Gustavo García-Delgado

Keywords:

Musa paradisiaca L., agricultural market, econometric model, supply, demand, agricultural economics

Abstract

The market behavior in México for bananas (Musa paradisiaca L.) and the effects of middlemen are analized. In order to determine the main factors of the market (supply and demand), an econometric model is proposed, including the effects of wholesale prices on that market. A two -stage least- squares method was used to estimate the model; the reduced restrained form was also estimated in order to know the effects of wholesale price on farm price, on retail price and on the trade balance. Nation-wide data for 1964-1990 were used for the model. It was found that the producerdistributor-wholesaler determines the supply and demand for bananas.

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Published

30-06-1998

Issue

Vol. 32 No. 2 (1998): 1998-abr-jun

Section

Essays

License

Agrociencia is published every 45 days, in an English format, and it is edited by the Colegio de Postgraduados. Mexico-Texcoco highway Km. 36.5, Montecillo, Texcoco, Estado de México, CP 56264, Telephone (52) 5959284427. www.colpos.mx. Editor-in-Chief: Dr. Fernando Carlos Gómez Merino. Rights Reserved for Exclusive Use: 04-2021-031913431800-203, e-ISSN: 2521-9766, granted by the National Institute for Author Right.