Fresh Produce Retail Price Comparisons in Trinidad and Tobago
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Tartalom: https://ojs.lib.unideb.hu/apstract/article/view/5160
Archívum: APSTRACT
Gyűjtemény: Articles
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Cím:
Fresh Produce Retail Price Comparisons in Trinidad and Tobago
Létrehozó:
Iton, C. W. Ardon
Seepersad, Govind
Kiadó:
University of Debrecen, Faculty of Economics and Business
Dátum:
2018-05-02
Téma:
Fresh produce
Retail prices
ANOVA
Games-Howell Test
Trinidad and Tobago shoppers
Tartalmi leírás:
As the competitive landscape of the food and grocery retailing sector in Trinidad and Tobago is being transformed and consumers are separated from producers, shoppers are more reliant on price/quality cues in making their purchase decisions. The purpose of this study is to identify the retail outlet with the lowest and or highest price for a selected number of fresh produce items, in an effort to direct shoppers to relatively cheap nutritious sources of fresh produce. ANOVA and the Games-Howell test were the analytical procedures used. The ANOVA results indicated that there is statistical difference for all the items at the different retail outlets – farmers’ markets, roadside markets, public markets and supermarkets. The Games-Howell results obtained indicated that the supermarket mean prices were the highest for all items. Shoppers who purchased pineapple at the farmer’s market instead of the supermarket in 2016 could have potentially achieved the greatest savings of $6.52/kg. JEL Classification: C12, Q13, M31
Nyelv:
angol
Típus:
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion
Peer-reviewed Article
Formátum:
application/pdf
Azonosító:
10.19041/APSTRACT/2018/1-2/4
Forrás:
Applied Studies in Agribusiness and Commerce; Vol. 12 No. 1-2 (2018); 29-34
1789-7874
1789-221X
Kapcsolat: