A STUDY OF BANANA SUPPLY AND PRICE PATTERNS ON THE SYDNEY WHOLESALE MARKET: AN APPLICATION OF SPECTRAL ANALYSIS
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Spectral analysis is applied to weekly supply and price series for bananas traded on the Sydney wholesale market. Many interesting features are revealed such as the pronounced seasonal component and the two week lag structure between the supply and price series. These results are discussed in relation to the known behaviour of the market and some implications for marketing decisions are tentatively drawn.