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554.7 million dollars. The median in California is 1.8 larger than in Sonora, i.e.
397.7
vs.
221.2, respectively. Fluctuations in both countries appear to be rather
close, with a coefficient of variation of 0.46 in Sonora and 0.58 in California. This
substantial change has meant that the maximum value in Mexico has reached
481.3 thousand dollars, while falling to a minimum of 104.6 million dollars. While in
California the range is considerable, its difference is lower. For instance, the
maximum value is 1,503.7 million dollars, and 346.3 million dollars is at its
minimum. In both cases, the increase in value is sizable, with an annual average of
12.3% in the case of Sonora and 10.8% regarding California.
20
To render data comparable, the value of grapes has been translated to US
dollars of 2013. In the Mexican case, it was converted into US currency, before
being subject to deflation with the grape price index. For the Californian data, the
same deflator was utilized. In what follows, all value expressions have been duly
deflated.