caa a22 4500 386316627 CHVBK 20180307111607.0 cr unu---uuuuu 161130e198812 xx s 000 0 eng 10.1017/S0081305200017623 doi S0081305200017623 pii (NATIONALLICENCE)cambridge-10.1017/S0081305200017623 Processor Demand and Price-Markup Functions for Catfish: A Disaggregated Analysis with Implications for the Off-Flavor Problem [Elektronische Daten] [Henry Kinnucan, Scott Sindelar, David Wineholt, Upton Hatch] Off-flavor in catfish restricts farm marketings 10 to 45% depending on the season. The economic impact on society of this imposed supply restriction depends, in part, on the elasticity of demand for catfish. Econometric estimates based on disaggregated processing plant data indicate an elastic demand at the processor level but an inelastic demand at the farm level. Short-run social welfare gains from the elimination of off-flavor are estimated to equal 12.0% of farm revenues ($10.0 million in 1983). The inelastic demand for catfish at the farm level, however, means that most of the societal gains will accrue to individuals beyond the farm gate. Thus, an economic justification exists for public sector funding of off-flavor research. Copyright © Southern Agricultural Economics Association 1988 applied welfare analysis nationallicence aquaculture nationallicence catfish nationallicence derived demand nationallicence off-flavor nationallicence price transmission nationallicence Kinnucan Henry Department of Agricultural Economics and Rural Sociology, Auburn University aut Sindelar Scott Foreign Agricultural Service, USDA aut Wineholt David Department of Agricultural Economics and Rural Sociology, Auburn University aut Hatch Upton Department of Agricultural Economics and Rural Sociology, Auburn University aut Southern Journal of Agricultural Economics Cambridge University Press 20/2(1988-12), 81-92 0081-3052 20:2<81 1988 20 AAE https://doi.org/10.1017/S0081305200017623 text/html Onlinezugriff via DOI 1 research-article jats NATIONALLICENCE 856 40 https://doi.org/10.1017/S0081305200017623 text/html Onlinezugriff via DOI NATIONALLICENCE 700 1- Kinnucan Henry Department of Agricultural Economics and Rural Sociology, Auburn University aut NATIONALLICENCE 700 1- Sindelar Scott Foreign Agricultural Service, USDA aut NATIONALLICENCE 700 1- Wineholt David Department of Agricultural Economics and Rural Sociology, Auburn University aut NATIONALLICENCE 700 1- Hatch Upton Department of Agricultural Economics and Rural Sociology, Auburn University aut NATIONALLICENCE 773 0- Southern Journal of Agricultural Economics Cambridge University Press 20/2(1988-12), 81-92 0081-3052 20:2<81 1988 20 AAE CC0 http://creativecommons.org/publicdomain/zero/1.0 nationallicence BK010053 XK010053 XK010000 NATIONALLICENCE NATIONALLICENCE NL-cambridge