|
Huang, Chung L.; Lin, Biing-Hwan. |
The food habits and dietary patterns of American consumers are changing and they are increasingly demanding food products that possess certain attributes relating to how the food was produced or processed. The objectives of the study are to analyze household purchase of fresh tomatoes and to determine the magnitudes of the price premium paid for the organic tomatoes by estimating a hedonic price model. The study uses the 2003 ACNielsen Homescan panel data. The data set represents a nationally representative panel of U.S. households, which provide food purchase data for at-home consumption. For empirical implementation, parameters of the hedonic model were estimated using the Box-Cox transformation procedure. The results indicated that consumers value the... |
Tipo: Conference Paper or Presentation |
Palavras-chave: Box-Cox transformation; Fresh tomatoes; Hedonic price; Organic produce; Product attributes; Crop Production/Industries; D1; Q11. |
Ano: 2006 |
URL: http://purl.umn.edu/25404 |