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A Comparison of Consumer Willingness to Pay for Four Types of Sweeteners AgEcon
Deng, Xueting; Saghaian, Sayed H.; Woods, Timothy A..
As the U.S. consumption of sweeteners has increased, analysis of the demand for sweeteners has become more important. In this paper, consumer willingness-to-pay (WTP) for selected four types of sweeteners is evaluated. The four types of sweeteners are Kentucky grown pure maple syrup, artificially maple flavored syrup, sorghum syrup and molasses. Results suggest that consumers who are at high household income level (above $80,000) and with a smaller household size are likely to pay more for Kentucky grown maple syrup. Results show that there is no statistic difference for the annual household consumption among the four types of sweeteners.
Tipo: Presentation Palavras-chave: Artificial sweeteners; Kentucky; Maple syrup; Molasses; Sorghum; Willingness to pay; Agribusiness; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2012 URL: http://purl.umn.edu/119811
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AT-HOME SEAFOOD CONSUMPTION IN KENTUCKY: A DOUBLE-HURDLE MODEL APPROACH AgEcon
Wan, Wei; Hu, Wuyang.
This study investigates demographic and socioeconomic factors contributing to at-home consumption of seafood in Kentucky through a 2010 survey. The Tobit and Cragg’s double-hurdle model are analyzed and tested. Numbers of people in the household, household income, race and employment status are significant determinants of at-home seafood consumption in Kentucky.
Tipo: Presentation Palavras-chave: Food Consumption/Nutrition/Food Safety; Seafood consumption; At-home; Kentucky; Double-Hurdle Model.
Ano: 2012 URL: http://purl.umn.edu/119807
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Consumer Acceptance and Willingness to Pay for Blueberry Products with Nonconventional Attributes AgEcon
Hu, Wuyang; Woods, Timothy A.; Bastin, Sandra.
Consumer acceptance and willingness to pay for three nonconventional attributes associated with six processed blueberry products was examined through an in-store conjoint experiment survey. Both credence and experience attributes were considered, including whether the products were produced locally, and whether they were organic or sugar-free. The results indicate heterogeneity in consumer preference and willingness to pay for different attributes across product categories. Local products and organic formulations generally received positive willingness to pay across all products. This information has implications for blueberry growers and retailers who are trying to create and position value-added products for maximum revenue.
Tipo: Journal Article Palavras-chave: Blueberries; Conjoint experiment; Kentucky; Willingness to pay; Agribusiness; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; D12; Q13.
Ano: 2009 URL: http://purl.umn.edu/48753
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