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ARE ECO-LABELS VALUABLE? EVIDENCE FROM THE APPAREL INDUSTRY AgEcon
Nimon, R. Wesley; Beghin, John C..
Using U.S. apparel catalogue data, we estimate hedonic price functions to identify market valuation of environmental attributes of apparel goods. We identify a significant and robust premium for the organic fibers embodied in the apparel goods. We find an additional organic premium for baby items. However, we do not find evidence of a premium for environment-friendly dyes. We further investigate the pricing behavior of apparel suppliers for potential departure from competitive pricing of this environmental attribute and find no evidence different premium across firms, suggesting price-taking behavior in the environmental attribute space.
Tipo: Conference Paper or Presentation Palavras-chave: Eco-labels; Organic-cotton apparel; Natural dye; Hedonic price; Agribusiness; Environmental Economics and Policy; Q20; L81; L67.
Ano: 1998 URL: http://purl.umn.edu/21016
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RISK MANAGEMENT AND THE ENVIRONMENT: IMPACTS AT THE INTENSIVE AND EXTENSIVE MARGINS AgEcon
Soule, Meredith J.; Nimon, R. Wesley; Mullarkey, Daniel J..
Risk management programs, such as subsidized crop insurance, affect production decisions at both the intensive (input use) and extensive(land use) margins. The production decisions in turn affect the environment. This paper reviews and synthesizes the literature linking risk management policies and environmental outcomes and points to future research needs.
Tipo: Conference Paper or Presentation Palavras-chave: Risk and Uncertainty.
Ano: 2001 URL: http://purl.umn.edu/20670
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Eco-Labels and International Trade in Textiles AgEcon
Nimon, R. Wesley; Beghin, John C..
This paper provides a formal analysis of the welfare and trade implications of eco-labeling schemes. A simple model of vertical (quality) differentiation captures major stylized features of the textiles market in which trading takes place between an industrialized North (domestic) and a developing South (foreign). The paper investigates several labeling scenarios (labeling by North, labeling by both North and South, and harmonization). A labeling scheme in the North without the South's participation is detrimental to both the North's and the South's producers of conventional textiles. In aggregate, the North's textiles industry benefits from the introduction of the label. If the South creates its own label, it regains market share in aggregate, but at the...
Tipo: Conference Paper or Presentation Palavras-chave: Eco-labels; Textiles markets; Environmental Economics and Policy; International Relations/Trade.
Ano: 1999 URL: http://purl.umn.edu/18492
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Revenue Insurance and Chemical Input Use Rates AgEcon
Nimon, R. Wesley; Mishra, Ashok K..
Using farm level data and a simultaneous probit model we evaluate the input use and environmental effects of revenue insurance. A priori, the moral hazard effect on input use is indeterminate and this study empirically assesses the input use impact of the increasingly popular, and federally subsidized, risk management instrument of revenue insurance. We conclude that the moral hazard effect of federally subsidized revenue insurance products induces U.S. wheat farmers to increase expenditures on pesticides and reduce expenditures on fertilizers.
Tipo: Conference Paper or Presentation Palavras-chave: Crop Production/Industries; Risk and Uncertainty.
Ano: 2001 URL: http://purl.umn.edu/20669
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AGRICULTURAL POLICY REFORM IN THE WTO: THE ROAD AHEAD AgEcon
Diao, Xinshen; Elbehri, Aziz; Gehlhar, Mark J.; Gibson, Paul R.; Leetmaa, Susan E.; Mitchell, Lorraine; Nelson, Frederick J.; Nimon, R. Wesley; Normile, Mary Anne; Roe, Terry L.; Shapouri, Shahla; Skully, David W.; Smith, Mark; Somwaru, Agapi; Trueblood, Michael A.; Tsigas, Marinos E.; Wainio, John; Whitley, Daniel B.; Young, C. Edwin.
Agricultural trade barriers and producer subsidies inflict real costs, both on the countries that use these policies and on their trade partners. Trade barriers lower demand for trade partners' products, domestic subsidies can induce an oversupply of agricultural products which depresses world prices, and export subsidies create increased competition for producers in other countries. Eliminating global agricultural policy distortions would result in an annual world welfare gain of $56 billion. High protection for agricultural commodities in the form of tariffs continues to be the major factor restricting world trade. In 2000, World Trade Organization (WTO) members continued global negotiations on agricultural policy reform. To help policymakers and others...
Tipo: Report Palavras-chave: Agricultural and Food Policy; International Relations/Trade.
Ano: 2001 URL: http://purl.umn.edu/34015
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Are Eco-Labels Valuable? Evidence from the Apparel Industry AgEcon
Nimon, R. Wesley; Beghin, John C..
Using U.S. apparel catalogue data, we estimate hedonic price functions to identify market valuation of environmental attributes of apparel goods. We identify a significant and robust premium for the organic fibers embodied in the apparel goods. We also find a discount for the "no-dye" label. We do not, however, find any evidence of a premium for environment-friendly dyes. We further investigate the pricing behavior of apparel suppliers for potential heterogenous pricing of the organic-fiber attribute and find no evidence of different premia across firms.
Tipo: Working or Discussion Paper Palavras-chave: Eco-labels; Organic-cotton apparel; Dyes; Hedonic price; Environmental Economics and Policy; Q20; L81; L67.
Ano: 1999 URL: http://purl.umn.edu/18417
Registros recuperados: 6
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