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A contingent valuation framework is used to evaluate South Carolina consumers' willingness to pay for the “locally grown” characteristic (defined here as South Carolina grown) in produce and animal products and to identify the sociodemographic characteristics affecting consumer preferences...
Persistent link: https://www.econbiz.de/10008503225
Survey data of 2,538 dairy farmers located in 12 southern states were used to analyze the factors influencing farmers' degree of satisfaction with the overall performance of milk marketing cooperatives. Results from an ordered probit model indicate that southern dairy farmers perceive...
Persistent link: https://www.econbiz.de/10008552266
Price transmission asymmetry for peanuts used in peanut butter was examined using monthly data from 1984 to 1992. Results show an incomplete price passthrough from the wholesale to the retail level. Furthermore, the results indicate that the initial price response of peanut butter price to a...
Persistent link: https://www.econbiz.de/10008570197