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Title: Fruit and vegetable prices and perceptions in mercalaspalmas wholesale market
Other Titles: Prix des fruits et légumes dans le mercalaspalmas wholesale market
Preços das frutas e legumes e percepções em mercalaspalmas, mercado atacadista
Los precios y las percepciones de las frutas y verduras en el mercado mayorista de mercalaspalmas
Authors: Rodríguez Feijoo, Santiago 
Rodríguez Caro, Alejandro Manuel 
González Correa, Carlos
UNESCO Clasification: 530403 Comercio interior
Keywords: Precios
Las Palmas de Gran Canaria
Issue Date: 2015
Publisher: 0121-5051
Journal: Innovar: Revista de Ciencias Administrativas y Sociales 
Abstract: This paper studies the behavior of fruit and vegetable prices in a wholesale market. Its aims are: a) to examine price behavior and changes; and b) to identify statistically significant factors in the perception of prices and to quantify the effect of these factors on the market price. For this purpose, daily data were obtained on modal prices at the Mercalaspalmas wholesale market from 2006 until mid-2010. The results obtained show there is a similar degree of flexibility in price increases and decreases, and show the product to be the determinant element in setting prices. There was found to be a strong degree of price permanence, in the sense that changes take place slowly and following a lag. The following significant factors were identified in the perception of prices: the length of time a price has remained unchanged in the market; the period during which a product has been absent from the market; the quantities traded at a given price; and the index of market prices. However, the quantitative effect of this body of factors on the perceived price is very limited.
ISSN: 0121-5051
DOI: 10.15446/innovar.v25n55.47230
Source: Innovar[ISSN 0121-5051],v. 25, p. 145-155
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