This study uses the Box-Cox (BC) transformations to examine nonlinearity in price modeling and compare results from several functional specifications in hedonic price analysis of yam in Togo. Based on a sample of 6,402 observations on price and produce characteristics generated through a market...

Household characteristics are commonly used to explain variation in smallholder efficiency levels. The underlying assumption is that differences in intended behavior are well described by such variables, while there is no "a priori" reason that this is the case. Moreover, heterogeneity in...

Risk efficiency of rice grain yield and returns to farm operators' household resources generated from an improved short-duration cover crop fallow system were compared with (traditional) natural bush fallow, and continuous rice-cropping systems. The improved fallow system involved maintaining...

This article proposes a method to directly measure the value of information (VOI) conveyed in a label. Using data collected from a field experiment conducted in two grocery stores in Texas, we find the VOI contained in U.S. federally mandated country of origin labels for beef and pork is 36%...

Recent labeling policies in developed countries place new focus on origin labeling, especially country of origin labeling, for a variety of food products. It is not clear if this new emphasis on origin is the result of more ethnocentric consumer preferences for food. We measure consumer...