Variation in Prices of Food Items in Jamaica: An Exploratory Analysis of Pricing Mechanisms of Supermarkets in Kingston

Authors

  • Abdullahi O. Abdulkadri The University of the West Indies

DOI:

https://doi.org/10.15377/2409-9813.2014.01.02.2

Keywords:

Food items, retail prices, Jamaica, price smoothing, supermarkets.

Abstract

The Jamaica Agriculture Market Information System reports wide variations in the price of similar food items across supermarkets in the capital city, Kingston. Possible explanations for this phenomenon are explored in this paper. Our findings indicate that supermarkets that practice price smoothing are more likely to persistently sell food items at the highest price. Likewise, supermarkets that are centrally located are prone to consistently have the highest price for food items. Whether or not farmers who supply food items to the supermarkets and consumers who buy from them are sensitive to price smoothing will provide validation for this practice by supermarkets. This constitutes an area of future study.

Author Biography

Abdullahi O. Abdulkadri, The University of the West Indies

Economics

References

Planning Institute of Jamaica. Economic and Social Survey of Jamaica 2007.

Planning Institute of Jamaica. Economic and Social Survey of Jamaica 2009.

Planning Institute of Jamaica. Economic and Social Survey of Jamaica 2013.

Abdulkadri AO, Ajibefun IA. An analysis of farm-retail spread for Jamaican fresh fruits. Paper presented at the Southern Agricultural Economics Association annual meeting Tulsa, OK. February 14-18: 14 pp. http://ageconsearch.umn.edu/bitstream/34648/1/sp04ab02.pdf

Ministry of Agriculture and Fisheries. JAMIS Reporter Handbook Version 1.0, n.d.

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Published

2014-12-31

How to Cite

1.
Abdulkadri AO. Variation in Prices of Food Items in Jamaica: An Exploratory Analysis of Pricing Mechanisms of Supermarkets in Kingston. Glob. J. Agric. Innov. Res. Dev [Internet]. 2014Dec.31 [cited 2021Jun.17];1(2):45-50. Available from: https://www.avantipublishers.com/jms/index.php/gjaird/article/view/163

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Section

Articles