An Analysis of Economic Adjustments in the California-Arizona Lemon Industry

Book excerpt: California-Arizonz lemon production: Lemon acreage trends; Lemon production; Farm structure; Lemon supply response; Previous work; A model of lemon acreage response; California-Arizona lemon utilization: Characteristics of fresh lemon consumers; Price and revenue trends; Lemon demand; Estimation of the simultaneous market demand and allocation model; Simulation of lemon industry behavior; Historical simulation of alternative marketing policies: Simulated bearing acreage; Simulated f.o.b. prices; Simulated industry total revenue; Simulated real per acre returns; The no prorate alternative; Projections with alternative; Projections with alternative fresh market allocations; Consumer welfare impacts; Concluding comments; Appendix tables.