Table 2.--Price and import equations for tomatoes and green peppers


Tomato price FOB Florida

TPR = 19.33 .0026 TPDF
 (1.3)


- .0028 TPDE .0033
 (3.9) (3.8)


TM + .04 TDI
 (1.6)


- 18.3 CPI
 (.84)


+ 2.54 Q1
 (.52)


+ 7.22 Q2
 (1.3)


Tomato imports


TM = 680.6 -


.256 TPDF .416 TPDE +
(1.2) (1.3)


1.22 TDI +
(2.3)


Pepper price FOB Florida


PPR = 24.7 -


.031 PPDF -
(3.3)


 + 16.5 Q1 + 9.82 Q2
 (2.2) (2.1)

Pepper imports


PM = 82.7


- .38 PPDF -
 (2.9)


.013 PPDE -
(1.7)


.287 PPDE +
(2.1)


.049 PM
(2.5)


.427 TDI
(4.3)


+ .07 TDI
(1.8)


+ 239 Q1
(1.7)


- 33.5 CPI
 (1.1)


+ 83.4 Q2
 (.83)


Variable definitions


TPR Price FOB Florida in $/cwt
TM U.S. imports in 1,000 cwt
TPDF Florida production in 1,000 cwt
TPE U.S. production excluding Florida in 1,000 cwt
TDI U.S. total disposable income in billion $
CPI U.S. consumer price index, 1967 = 100
Q1 Intercept shifter, 1 in winter quarter only
Q2 Intercept shifter, 1 in spring quarter only


Peppers: PPR
 PM
 PPDF
 PPE
 TDI
 CPI
 Q1
 Q2


Price FOB Florida in $/cwt
U.S.imports in 1,000 cwt
Florida production in 1,000 cwt
U.S. Production excluding Florida in 1,000 cwt
U.S. total disposable income in billion $
U.S. consumer price index, 1967 = 100
Intercept shifter, 1 in winter quarter only
Intercept shifter, 1 in spring quarter only


1634 Q1
(1.8)


+ 262202
 (4.8)


Tomatoes: