In this paper, we estimate the indirect economic losses to U.S. shrimp consumers as a result of the 2010 Deepwater Horizon oil spill in the Gulf of Mexico. Using a combination of national fisheries market data and the results of an experimental auction, we identify three sources of economic...

The study applies quantile regression to identify determinants of the entire distribution of food expenditure, and quantify their effects amongGhana’s urban household subgroups. The results indicate that among the significant factors the largest effect in descending order havelocation, marital...

The recent wide fluctuations in diesel fuel costs and subsequent trucking costs has raised speculation within the produce industry of potential structural shifts in the location of production. Recent increases in demand for local produce seem to further support speculation toward this end. A...

The results indicate that a dynamic specification of the AIDS model is superior to the static AIDS model. The separability test for both the static and dynamic AIDS models conclude that imported meat consumption is non-separable from the U.S. consumption so domestic meat should be included in...

The Quadratic AIDS model was estimated to analyze the U.S. fruit consumption using annual per capita consumption data and prices for a demand system consisting of fresh fruit, fruit juice and other processed fruit. All Marshallian own price elasticities are found to be negative and the demand...

Using FAO data for 1961-2009, this study characterizes the trends in Caribbean food imports and uses the Central Bureau Statistics demand system to estimate import demand parameters. The findings and policy implications of the study are evaluated in the context of Caribbean food security concerns.

The aim of this paper is to determine Korean consumers’ valuation for domestic rice and imported rice from China and the US. Using revealed preference data from random nth price auction mechanism, our results generally suggest that consumers’ willingness to pay (WTP) for domestic rice is...