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A STUDY OF BANANA SUPPLY AND PRICE PATTERNS ON THE SYDNEY WHOLESALE MARKET: AN APPLICATION OF SPECTRAL ANALYSIS *
Author(s) -
AggreyMensah W.,
Tuckwell N.E.
Publication year - 1969
Publication title -
australian journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 0004-9395
DOI - 10.1111/j.1467-8489.1969.tb00059.x
Subject(s) - wholesale market , spectral analysis , series (stratigraphy) , economics , relation (database) , lag , component (thermodynamics) , time series , econometrics , business , mathematics , statistics , computer science , engineering , geology , physics , electricity , quantum mechanics , spectroscopy , electrical engineering , paleontology , computer network , database , thermodynamics
Spectral analysis is applied to weekly supply and price series for bananas traded on the Sydney wholesale market. Many interesting features are revealed such as the pronounced seasonal component and the two week lag structure between the supply and price series. These results are discussed in relation to the known behaviour of the market and some implications for marketing decisions are tentatively drawn.