California almond markets and reserve strategies analyzed
Author(s) -
Julian M. Alston,
Richard J. Sexton
Publication year - 1991
Publication title -
california agriculture
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.472
H-Index - 25
eISSN - 2160-8091
pISSN - 0008-0845
DOI - 10.3733/ca.v045n04p18
Subject(s) - revenue , business , econometric model , nature reserve , supply and demand , agricultural economics , natural resource economics , economics , finance , microeconomics , ecology , econometrics , biology
Marketing strategies for California almonds are analyzed based on an econometric model of almond prices. The results indicate that diverting supply from the edible market will increase industry revenue. For the bumper 1990 season, diverting 8% of supply to an allocated reserve is indicated.
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