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How Much are Consumers Paying for Organic Baby Food? AgEcon
Smith, Travis A.; Huang, Chung L.; Lin, Biing-Hwan.
Using retail purchase data, price premiums and discounts associated with household demographics, market factors, and product attributes (focusing on the organic attribute for strained baby food) are estimated using a hedonic pricing model. Results suggest that the organic premium ranges from about 12 to 49 percent in 2004 and from 30 to 52 percent in 2006. Tests for significant changes relative to product attributes show that while the price of conventional baby food has stayed relatively the same, the premium for organic baby food has increased.
Tipo: Conference Paper or Presentation Palavras-chave: Organic baby food; Hedonic price; Market factors; Product attributes; Nielsen Homescan; Organic premium; Consumer/Household Economics; Demand and Price Analysis.
Ano: 2009 URL: http://purl.umn.edu/46748
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Organic Premiums of U.S. Fresh Produce AgEcon
Smith, Travis A.; Lin, Biing-Hwan; Huang, Chung L..
The study uses the 2005 Nielsen Homescan panel data to estimate price premiums and discounts associated with product attributes, market factors, and consumer characteristics, focusing on the organic attribute for 5 major fresh fruits and 5 major fresh vegetables in the United States. The results suggest that the organic attribute commands a significant price premium, which varies greatly from 13 cents per pound for bananas to 86 cents per pound for strawberries among fresh fruits and from 13 cents per pound for onions to 50 cents per pound for peppers among fresh vegetables. In terms of percentages, the estimated organic price premiums vary from 20% above prices paid for conventional grapes to 42% for strawberries among fresh fruits and from 15% above...
Tipo: Conference Paper or Presentation Palavras-chave: Fresh fruits and vegetables; Hedonic price; Organic produce; Organic premium; Product attributes; Nielsen Homescan; Agricultural Finance.
Ano: 2008 URL: http://purl.umn.edu/37626
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