TY  - CHAP
AB  - Abstract This paper investigates rose and rose oil production in the province of Isparta, Turkey, with reference to the discourses on and procedures of price formation. Farmers have been engaging in rose cultivation for over a century and rose oil production is considered to be a traditional industry. The market actors for rose oil are global cosmetic and local processing firms and almost all rose oil from Isparta is exported. Prices and production have been steadily increasing since 2010. Although prices are seen as good, there are concerns about overproduction and fierce competition between the rose oil firms to buy the harvest, hence pushing up rose prices and, leading to a crash in rose oil prices on the world market. Through careful observation of payment and price formation procedures, the paper raises issues concerning the moral economy of price formation. Findings are provisional and the research is on-going, but the discourse on just prices clearly suggests that value judgments are embedded in and implicitly critical of capitalist markets.
VL  - 39
SN  - 978-1-78743-573-5, 978-1-78743-574-2/0190-1281
DO  - 10.1108/S0190-128120190000039004
UR  - https://doi.org/10.1108/S0190-128120190000039004
AU  - Yalçın-Heckmann Lale
PY  - 2019
Y1  - 2019/01/01
TI  - Pecunia non olet but Does Rose Money Smell? On Rose Oil Prices and Moral Economy in Isparta, Turkey
T2  - The Politics and Ethics of the Just Price
T3  - Research in Economic Anthropology
PB  - Emerald Publishing Limited
SP  - 71
EP  - 90
Y2  - 2024/09/23
ER  -