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Persistent link: https://www.econbiz.de/10010916449
In the main approaches used to elicit consumer preference for food attributes, only limited attribute information are present. Though useful for ranking and revealing consumer preferences, these methods are not appropriate when results may be dependent upon the information set presented in the...
Persistent link: https://www.econbiz.de/10005039292
The European Union (EU) ban on the production and importation of meat derived from animals treated with growth-promoting hormones has spurred considerable debate. However, relatively little research has considered how EU consumers have been affected or how they feel about the ban. The purpose of...
Persistent link: https://www.econbiz.de/10005805931
This study examined consumer demand for organic fluid milk in the current maturing organic market using a nationwide weekly retail scanner data set. An Almost Ideal Demand System in which both organic milk and conventional milk were further decomposed into products with different fat content was...
Persistent link: https://www.econbiz.de/10010917986
The economic stability and viability of farmers are issues of great concern to rural communities. Employing data from the Kansas Farm Management Association data bank, farm household income and price elasticities are estimated in this study. Results indicate that as consumption expenditures...
Persistent link: https://www.econbiz.de/10010878848
A choice experiment is used to evaluate how consumers in London, Frankfurt, and Paris value beef steaks with attributes such as: "hormone-free," "GM-free," farm-specific source verification, and domestic origin. The effect of various consumer characteristics on steak selection is also evaluated....
Persistent link: https://www.econbiz.de/10005805498
Consumer attitudes towards genetically modified foods (GMFs) play a crucial role in the development of the technology. Both government and food manufacturers of agricultural products in the US and China are optimistic about the potential market for these foods. This paper compares two national...
Persistent link: https://www.econbiz.de/10005500447
Drawing upon telephone survey data, a logit probability analysis was conducted to identify household characteristics as well as social and institutional factors associated with backyard composting of yard and food wastes. Highly significant predictors included household gardening, perception of...
Persistent link: https://www.econbiz.de/10005501154
Failure of integrability is shown to cause path-dependence of willingness-to-pay measures of welfare change. Using the linear expenditure system, effects of failure of integrability are negligible (substantial) for estimating income (price) elasticities. For single price changes, Hausman's...
Persistent link: https://www.econbiz.de/10005501158
Relatively few farmers regularly use tax-favored retirement accounts to diversify long-term farm assets with nonfarm savings. The Taxpayer Relief Act of 1997 creates new investment opportunities for both IRAs and regular capital assets. Complex tradeoffs exist among new tax incentives, possible...
Persistent link: https://www.econbiz.de/10005501172