IMPORTANCE OF MELON TYPE, SIZE, GRADE, CONTAINER, AND SEASON IN DETERMINING MELON PRICES

Authors
Citation
R. Tronstad, IMPORTANCE OF MELON TYPE, SIZE, GRADE, CONTAINER, AND SEASON IN DETERMINING MELON PRICES, Journal of agricultural and resource economics, 20(1), 1995, pp. 32-48
Citations number
25
Categorie Soggetti
Economics,"AgricultureEconomics & Policy
ISSN journal
10685502
Volume
20
Issue
1
Year of publication
1995
Pages
32 - 48
Database
ISI
SICI code
1068-5502(1995)20:1<32:IOMTSG>2.0.ZU;2-6
Abstract
Classification and Regression Trees (CART), a computer intensive nonpa rametric classification method, was used to model weekly Los Angeles w holesale prices (1990-93) for twelve different melon types. CART expla ined more of the variation in melon prices than did an ordinary least squares (OLS) regression with dummy variables. Explanatory variables r anked as the most-to-least important by CART are as follows: week, typ e of melon, year, size, grade, and shipping container. The most notabl e price change occurs when prices fall after 13 May.