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Demand analysis of the Pacific Coast pear industry
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Journal Article
Demand analysis of the Pacific Coast pear industry
1992
Overview
Demand for Pacific Coast pears is analyzed by means of a simultaneous equation model which separately identifies Bartlett and winter pears in fresh and processed uses. The model is applied to annual data for the 1960–1989 period and is used to determine optimal allocations for historical periods and to forecast price effects under alternative future scenarios. Demand shifts have been favorable for fresh winter pears, but unfavorable for processed winter pears and for both fresh and processed Bartlett pears. Expected increases in production may threaten the profitability of the industry without prompt remedial action.© 1992 John Wiley & Sons, Inc.
