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Registros recuperados: 16
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A Hedonic Analysis on the Implicit Values of Fresh Tomatoes AgEcon
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
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A study of the influence of calcium and pulp claims on orange juice price AgEcon
Lee, Jonq-Ying.
Tipo: Report Palavras-chave: Orange juice; Hedonic price; Pulp; Calcium; Agribusiness; Demand and Price Analysis.
Ano: 2001 URL: http://purl.umn.edu/52883
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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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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
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Consumer preferences for table cassava characteristics in Pernambuco, Brazil AgEcon
Gonzalez, Carolina; Johnson, Nancy L..
Cassava is a major source of carbohydrate for populations in the tropics; however, there is little information about the preferences of consumers toward the quality characteristics of this crop. This paper analyzes the demand for different cassava attributes, and applies the hedonic price method to estimate the values that consumers give to implicit attributes of cassava. The results show that ease of peeling, time of cooking and texture of cassava are the most important characteristics consumers consider when purchasing and consuming cassava. Cassava varieties, root size, ease of peeling and location of the market are relevant attributes in price determination.
Tipo: Journal Article Palavras-chave: Cassava; Consumer preferences; Hedonic price; Northeast of Brazil; Consumer/Household Economics.
Ano: 2009 URL: http://purl.umn.edu/94839
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Consumer Willingness to Pay for Breads Marketed as "Low-Carbohydrate" AgEcon
Wachenheim, Cheryl J.; Nganje, William E.; Kaitibie, Simeon; Johnston, Gretchen.
Bread producers are taking advantage of healthy feeding habits by developing new "low carbohydrate" products to entice customers. These low carbohydrate breads are generally more expensive than conventional types. This study tests the hypothesis that consumers are willing to pay higher premium for "low carbohydrate" breads at various locations and markets. We use retail data in a hedonic pricing framework to estimate the premium paid for the "low carbohydrate" attribute of bread. Results show that the implicit price of the "low carbohydrate" attribute of bread ranges from about 0.06¢ to 1.1¢ per gram, reflecting the amount consumers are willing to pay above the price of conventional bread.
Tipo: Conference Paper or Presentation Palavras-chave: Low carbohydrate bread; Hedonic price; Willingness to pay; Institutional and Behavioral Economics; D12.
Ano: 2005 URL: http://purl.umn.edu/19428
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EFFECT OF RISK AVERSION ON FEEDER CATTLE PRICES AgEcon
Lee, Jung-Hee; Brorsen, B. Wade.
This paper determines the effects of cattle feeders' risk aversion on feeder cattle prices using pen data of Kansas feedlots. Higher profit risk results in lower feeder cattle prices. The elasticity of feeder cattle price with respect to profit risk was small (-0.013). The risk elasticity estimated here is similar to risk elasticities in previous studies and thus, the use of pen-level data does not seem to add much to the study of risk.
Tipo: Journal Article Palavras-chave: Feedlot pen data; Price expectations; Hedonic price; Price risk; Risk aversion; Demand and Price Analysis; Livestock Production/Industries.
Ano: 1994 URL: http://purl.umn.edu/15168
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Forecasting Housing Prices under Different Submarket Assumptions AgEcon
Chen, Zhuo; Cho, Seong-Hoon; Poudyal, Neelam C.; Roberts, Roland K..
This research evaluated forecasting accuracy of hedonic price models based on a number of different submarket assumptions. Using home sale data for the City of Knoxville and vicinities merged with geographic information, we found that forecasting housing prices with submarkets defined using expert knowledge and by school district and combining information conveyed in different modeling strategies are more accurate and efficient than models that are spatially aggregated, or with submarkets defined by statistical clustering techniques. This finding provided useful implications for housing price prediction in an urban setting and surrounding areas in that forecasting models based on expert knowledge of market structure or public school quality and simple...
Tipo: Conference Paper or Presentation Palavras-chave: Clustering; Forecasting; Hedonic price; Housing Submarket; Demand and Price Analysis; C53; R21.
Ano: 2007 URL: http://purl.umn.edu/9689
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Hedonic estimates of agricultural landscape values in suburban areas AgEcon
Queslati, W.; Salanie, J.; Delaitre, C.; Beaujouan, V..
This paper analyses the relationship between housing prices and suburban agriculture zones endowments using the hedonic price methods. We use spatially referenced housing and land-use date to capture the effect of rural amenities around the house location in the area of Angers (France). Results indicate that put higher value on diversified landscapes rather than on unified ones. The proximity to vegetables, grasslands and vineyards do not have a significant impact on house prices while the proximity to forests has a positive impact. This impact differs following the shape of the forest.
Tipo: Conference Paper or Presentation Palavras-chave: Rural amenities; Geographic information systems; Hedonic price; Landscape values; Land Economics/Use.
Ano: 2008 URL: http://purl.umn.edu/43601
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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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Information on sellers and buyers characteristics: added value to explain price formation at primary fish markets in managed French scallop fisheries ArchiMer
Lesur-irichabeau, Gabrielle; Guyader, Olivier; Fresard, Marjolaine; Leroy, C.; Latouche, K.; Le Grel, L..
The aim of this article is to explore, through a hedonic approach, the factors that might explain the price variability for the French-managed fishery of scallop at primary fish markets. In addition to factors classically identified in the current literature like intrinsic product characteristics or markets situation, the characteristics of operators are tested. The relationships of loyalty between sellers and buyers, and market assiduity are notably considered.
Tipo: Text Palavras-chave: Buyer and seller characteristics; Fisheries management; Hedonic price; Market behaviour; Market structure; Scallop; Q21; Q22; Q28; C10; L11.
Ano: 2016 URL: http://archimer.ifremer.fr/doc/00301/41252/40442.pdf
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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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The Impact of Social Capital on the Implicit Price Paid by the Italian Consumer for Fair Trade Coffee AgEcon
Bosbach, Moritz; Maietta, Ornella Wanda.
Consumers in developed countries are increasingly interested in the consumption of food products incorporating ethical aspects, particularly fair trade products. These products are usually distributed in a network of World Shops and, more recently, in supermarkets and shopping centres. The fair trade product with the highest market share is coffee. This study aims to ascertain the implicit price paid by Italian consumers for the fair trade content of coffee and how this implicit price is influenced by the level of social capital of the territory where consumers live. The data utilised are scanner data, based on the purchase at supermarkets and shopping centres observed from 2005 to 2007, referred to a territorial unit that is the province. Since scanner...
Tipo: Conference Paper or Presentation Palavras-chave: Hedonic price; Coffee; Fair trade; Scanner data; Italian consumers; Consumer/Household Economics; Demand and Price Analysis; C50; D12; L66; Z13.
Ano: 2011 URL: http://purl.umn.edu/114371
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Valoração de atributos de qualidade em pêssegos comercializados no estado de São Paulo AgEcon
Lima, Lilian Maluf de; Caixeta Filho, Jose Vicente; Kassouf, Ana Lucia; Amorim, Lilian.
Econometric models were developed to estimate the implicit prices for selected quality attributes of fresh peaches commercialized in the state of Sao Paulo. Such estimation is conducted in two stages of the distribution chain, namely, wholesale and retail sales. Data on the price and quality attributes (such as color, size, varieties and types of damages) of fresh peaches were obtained from cross-sectional data in different time periods. The estimation of Hedonic Prices is proposed as a method to evaluate post-harvest price variations from wholesale to retail sales. The results obtained allowed us to identify the gains accrued in each stage, deriving from the improvement in the product quality attributes.
Tipo: Journal Article Palavras-chave: Peach; Hedonic price; Evaluation; Quality; Post-harvest; Losses.; Consumer/Household Economics; Q13; C21.
Ano: 2009 URL: http://purl.umn.edu/60809
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VALORAÇÃO DE ATRIBUTOS DE QUALIDADE EM PÊSSEGOS PRODUZIDOS NO ESTADO DE SÃO PAULO UTILIZANDO MODELO DE PREÇOS HEDÔNICOS AgEcon
Lima, Lilian Maluf de; Caixeta Filho, Jose Vicente; Kassouf, Ana Lucia.
Neste estudo foi desenvolvido um modelo para estimativas de preços implícitos de alguns atributos de qualidade em pêssegos comercializados no estado de São Paulo, a partir do elo produtor da cadeia. Os dados referentes aos preços de venda de pêssegos e às características de qualidade dos frutos (como tamanho, tipos de variedade e categoria) foram obtidos a partir de cortes seccionais no tempo. O Modelo de Preços Hedônicos foi proposto para valoração das características ao longo do elo considerado. Os resultados obtidos permitiram identificar potenciais ganhos na cadeia a partir do aprimoramento de atributos de qualidade dessa fruta.-------------------An econometric model were developed to estimate the implicit prices for selected quality attributes of...
Tipo: Conference Paper or Presentation Palavras-chave: Êssego; Preços hedônicos; Valoração; Qualidade; Perdas; Peach; Hedonic price; Evaluation; Quality; Losses; Crop Production/Industries; Q13; C21.
Ano: 2008 URL: http://purl.umn.edu/108138
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Valoracion del agua de riego por el metodo de precios quasi-hedonicos: aplicacion al Guadalquivir AgEcon
Berbel, Julio; Mesa, Pascual.
La estimación del valor del agua puede hacerse mediante diferentes métodos, de los cuales este trabajo propone el método de precios "quasi-hedónicos". El agua se considera en este trabajo como una variable externa que impacta en el precio diferencial de la tierra, y cuyo valor estimamos para la Cuenca del Guadalquivir. Los resultados nos muestran un valor capital del agua en el rango 2,8 €/m3 a 4,2 €/m3 con un valor más frecuente de 3,46 €/m3, que según el tipo de capitalización empleado nos daría un valor medio de renta del agua entre 0,14 €/m3 (para r=4%) a 0,35 €/m3 (para r=10%). ABSTRACT The valuation of natural resources is a tool used for improving allocation and management of water resources. This research proposes a quasi-hedonic approach as a...
Tipo: Journal Article Palavras-chave: Irrigated agriculture; Hedonic price; Environmental valuation; Water value; Agricultura de riego; Precios hedónicos; Valoracion ambiental; Valor del agua; Resource /Energy Economics and Policy; Q25; C13.
Ano: 2007 URL: http://purl.umn.edu/7059
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