Price/Quality Relationships in the Malting Barley Market
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Date
1983
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North Dakota State University
Abstract
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The objective of the study conducted in this article was to analyze statistically the relationships among various quality factors and malting barley prices in order to develop and to estimate a statistical model for the measurement of the implicit prices for selected quality factors. The article goes into the empirical procedures for estimating price relationships, the characteristics of sales and malting barley at the Minneapolis Grain Exchange and the estimated equations and marginal implicit prices for plumpness and protein.