Cross-validation of production and consumption data of fruits and vegetables

Type Journal Article - Munich Personal RePEc Archive Working Papers
Title Cross-validation of production and consumption data of fruits and vegetables
Author(s)
Publication (Day/Month/Year) 2006
Page numbers 5345-5352
URL http://mpra.ub.uni-muenchen.de/43038/1/MPRA_paper_43038.pdf
Abstract
There are wide discrepancies in the available data on estimates of production of fruits and vegetables, fresh (unprocessed) and processed, on the one hand, and their consumption, on the other. The comparison of production and consumption data (in terms of quantity and value) shows that the main causes of the discrepancies are the very high farm gate prices used for the valuation of fresh fruits and the overestimation of the quantum of fruits production. With revisions in prices and quantities, this paper re-estimates the total value of fruits production at the farm gate/ex-factory price as well as the share of processing in the production (processed and unprocessed) of fruits and vegetables. The quantity estimates turn out to be 46.6 per cent of the original estimates and the value of fruit production is 19.9 per cent of the original unrevised estimates.

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