Abstract
Various domestic analyses have focused on rice prices, but there is no existing research that has studied the effects of rice quality on prices in Chinese retail markets. This article clarifies the price mechanism in China by analyzing the factors affecting retail rice prices using a hedonic price model. Econometric results suggest that rice grades are useful but insufficient in explaining observed price differences. Other attributes like quality certification and branding, packaging, production origin, and retail centers are significant determinants of retail rice prices in China. Discipline: Agricultural economics.
| Original language | English |
|---|---|
| Pages (from-to) | 541-548 |
| Number of pages | 8 |
| Journal | Journal of the Faculty of Agriculture, Kyushu University |
| Volume | 54 |
| Issue number | 2 |
| Publication status | Published - Oct 1 2009 |
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All Science Journal Classification (ASJC) codes
- Biotechnology
- Agronomy and Crop Science
Cite this
A hedonic price model for rice market in China. / Wang, Zhigang; Zheng, Shi; Lambert, D. M.; Fukuda, Susumu.
In: Journal of the Faculty of Agriculture, Kyushu University, Vol. 54, No. 2, 01.10.2009, p. 541-548.Research output: Contribution to journal › Article
}
TY - JOUR
T1 - A hedonic price model for rice market in China
AU - Wang, Zhigang
AU - Zheng, Shi
AU - Lambert, D. M.
AU - Fukuda, Susumu
PY - 2009/10/1
Y1 - 2009/10/1
N2 - Various domestic analyses have focused on rice prices, but there is no existing research that has studied the effects of rice quality on prices in Chinese retail markets. This article clarifies the price mechanism in China by analyzing the factors affecting retail rice prices using a hedonic price model. Econometric results suggest that rice grades are useful but insufficient in explaining observed price differences. Other attributes like quality certification and branding, packaging, production origin, and retail centers are significant determinants of retail rice prices in China. Discipline: Agricultural economics.
AB - Various domestic analyses have focused on rice prices, but there is no existing research that has studied the effects of rice quality on prices in Chinese retail markets. This article clarifies the price mechanism in China by analyzing the factors affecting retail rice prices using a hedonic price model. Econometric results suggest that rice grades are useful but insufficient in explaining observed price differences. Other attributes like quality certification and branding, packaging, production origin, and retail centers are significant determinants of retail rice prices in China. Discipline: Agricultural economics.
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UR - http://www.scopus.com/inward/citedby.url?scp=70450188521&partnerID=8YFLogxK
M3 - Article
AN - SCOPUS:70450188521
VL - 54
SP - 541
EP - 548
JO - Journal of the Faculty of Agriculture, Kyushu University
JF - Journal of the Faculty of Agriculture, Kyushu University
SN - 0023-6152
IS - 2
ER -