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Analysis of Consumer Attitudes and Consumers’ Willingness to Pay for Functional Foods AgEcon
Di Pasquale, Jorgelina; Adinolfi, Felice; Capitanio, Fabian.
The objective of this study is to analyze consumer behaviour in relation to functional foods by a direct survey. To this end, the proposal is an analysis of the reasons for choosing to consume this type of food or not, accompanied by a supplementary investigation, mostly to assess the relationship between consumption patterns and willingness to pay (WTP) for the most common categories of functional foods, such as milk fortified with CLA (conjugated linoleic acid). Our research shows that a proportion of the population is unaware of the existence of functional foods and their properties. Moreover, it shows that when the concept of functional foods is explained to consumers, this creates a greater willingness to pay for such food, which is strongly linked to...
Tipo: Article Palavras-chave: Functional foods; Willingness to pay; Consumer-directed survey; Agribusiness; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; Health Economics and Policy; Industrial Organization.
Ano: 2011 URL: http://purl.umn.edu/121857
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Index based compensation for weather risk in the Italian agriculture. A feasibility study based on actual historic data AgEcon
Cafiero, Carlo; Angelucci, Federica; Capitanio, Fabian; Vollaro, Michele.
The paper explores the feasibility of the use of weather index based derivatives for farms' risk management in an Italian province. Based on a combination of detailed local weather data and of data on farms' yields, various possible weather indexes are found that are highly correlated with yields of the major crops in the area. Simulations show that hedging through such index based derivatives can be effective in protecting the stability of farms' incomes, at a cost that is likely to be much lower than that of the current system of subsidized crop insurance and ex-post compensation.
Tipo: Conference Paper or Presentation Palavras-chave: Agricultural risk management; Weather derivatives; Index based yield insurance.; Production Economics; Risk and Uncertainty.
Ano: 2007 URL: http://purl.umn.edu/9261
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Direct payments, crop insurance and the volatility of farm income. Some evidence in France and in Italy AgEcon
Enjolras, Geoffroy; Capitanio, Fabian; Aubert, Magali; Adinolfi, Felice.
Volatility of farm income represents a major challenge for farm management and the design of public policies. This paper measures the extent to which risk management tools, especially direct payments and crop insurance, can significantly reduce crop income volatility in France and in Italy. We use an original dataset of 9,555 farms for the period 2003-2007 drawn up from the Farm Accountancy Data Network (FADN) and three different econometric models to explain the volatility of crop income. The results are contrasted between the specialization of the farms and the two countries: Italian farms use management tools (CAP payments and crop insurance) so as to improve their income and to reduce its volatility (crop insurance, inputs). French farms use the same...
Tipo: Presentation Palavras-chave: Volatility; Direct payments; Insurance; France; Italy; FADN; Risk and Uncertainty; G22; Q14; Q18.
Ano: 2012 URL: http://purl.umn.edu/122478
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Factors Affecting Participation of Italian Farmers in Rural Development Policy AgEcon
Adinolfi, Felice; Capitanio, Fabian; Pascucci, Stefano; de Magistris, Tiziana.
In this paper a (micro)econometric approach is developed by considering the farmer likelihood to participate in different policy programs as linked to the objective of farmer to maximize their welfare. In this way we model farmers participation in policy support scheme by using a new institutional economics approach and conceptualizing the decision to entry as a contractual choice between two rural development types of policy. Different discrete choice modelling approaches are used to analyze the complementarity/ substitutability of different policy programs such as environmental-related measures and farm investment supports policy schemes and the main driving factors behind them. We use an extensive cross-sectional database related to the Italian FADN...
Tipo: Conference Paper or Presentation Palavras-chave: Rural development policy; Contract design; Discrete choice modelling; Italy; Agricultural and Food Policy; Q12; Q18..
Ano: 2011 URL: http://purl.umn.edu/99418
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Natural Vs Financial Insurance in the Management of Weather Risk Exposure in the Italian Agriculture AgEcon
Di Falco, Salvatore; Capitanio, Fabian; Adinolfi, Felice.
Tipo: Conference Paper or Presentation Palavras-chave: Risk and Uncertainty.
Ano: 2011 URL: http://purl.umn.edu/114325
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Value Creation Strategies in Credence Food Productions: The Case of Organic Farming in Italy AgEcon
Pascucci, Stefano; Capitanio, Fabian; Del Giudice, Teresa.
In this paper we analyse different strategies used by Italian organic farmers to create value from credence food production. More specifically, we consider the following strategies: participation in policy support programmes (i.e. rural development measures and agro‐environmental schemes), direct marketing (i.e. short‐chains, on‐farm businesses, agro‐tourism), on‐farm processing and being a member of a marketing and/or processing cooperative. We use data from the 2006 Italian FADN (Farm Accountancy Data Network) related to 981 organic farmers. To estimate the factors affecting farmers’ strategies and to evaluate them simultaneously we implement a multivariate probit model (MVP). The results could be helpful to implement guidelines for public and private...
Tipo: Conference Paper or Presentation Palavras-chave: Agribusiness; Agricultural and Food Policy; Farm Management; Food Consumption/Nutrition/Food Safety; Institutional and Behavioral Economics; Marketing; Production Economics; Research Methods/ Statistical Methods.
Ano: 2010 URL: http://purl.umn.edu/100474
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Small farms in Italy between decline and innovative formula: an entrepreneurial model analysis AgEcon
Capitanio, Fabian; Adinolfi, Felice; Malorgio, Giulio.
During the three-year period of our investigation, we found that the weight of family run farms declined and there was an increase in the role of farms integrated in the market and in integrated low-impact farm. This is a partial change which may be an indicator of a greater capacity of the entrepreneurial fabric to come to the market and the ability to capitalise on the relationship between farm and territory. Comparison between the two periods observing the behaviour of common farmers confirmed the substantial stability of the reference framework and offered further scope for interpretation. First, only about 22% changed their strategic profile. Shifts between strategic profiles especially affected family-run farms and light weighted specialised farms...
Tipo: Conference Paper or Presentation Palavras-chave: Farmers strategic profile; Enterpreneurial analysis; Rural development; Agricultural and Food Policy; Q18; Q58.
Ano: 2009 URL: http://purl.umn.edu/53003
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RISK MANAGEMENT THROUGH INSURANCE AND ENVIRONMENTAL EXTERNALITIES FROM AGRICULTURAL INPUT USE: AN ITALIAN CASE STUDY AgEcon
Capitanio, Fabian.
The biological nature of agricultural production processes induce a higher degree of uncertainty surrounding the economic performance of farm enterprises. This has contributed to the development and acceptance of forms of public intervention aimed at reducing income variability that have no parallel in other sectors of the economy. In particular, subsidized crop insurance are a widely used tool. The impact of these programs on the decisions of production generates effects on input use, land use and thus, indirectly, environmental outcomes. The importance of this issue has grown in parallel with the growth in importance of the collective role of agriculture sector that has addressed the recent guidelines adopted by many developed countries. To examine the...
Tipo: Conference Paper or Presentation Palavras-chave: Uncertainty; Risk Management; Crop Insurance; Input Use Decisions; Environmental Externalities; Mathematical Programming.; Agricultural and Food Policy; Environmental Economics and Policy; Research Methods/ Statistical Methods; Risk and Uncertainty; Q10; Q14.
Ano: 2008 URL: http://purl.umn.edu/44834
Registros recuperados: 8
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