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ARE ECO-LABELS VALUABLE? EVIDENCE FROM THE APPAREL INDUSTRY 31
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 31
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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Buyer Market Power and Vertically Differentiated Retailers 31
Wang, Shinn-Shyr; Rojas, Christian; Lavoie, Nathalie.
We consider a model of vertical competition where downstream firms (retailers) purchase an upstream input from a monopolist and are able to differentiate from each other in terms of quality. Our primary focus is to study the effects of introducing a large retailer, such as a Wal-Mart Supercenter, that is able to lower wholesale prices (i.e. buyer market power). We obtain two main results. First, the store with no buyer market power responds to the presence of the large retailer by increasing its quality, a finding that is consistent with recent efforts by traditional retailers to enhance shoppers’ buying experience (i.e. quality). Second, the presence of a large retailer causes consumer welfare to increase. There are, however, two reasons for the increase...
Tipo: Working or Discussion Paper Palavras-chave: Buyer market power; Vertical differentiation; Wal-Mart; Agribusiness; Agricultural and Food Policy; Agricultural Finance; Community/Rural/Urban Development; Crop Production/Industries; Farm Management; Financial Economics; Food Security and Poverty; Industrial Organization; Marketing; D43; L13; L81; M31; Q13.
Ano: 2010 URL: http://purl.umn.edu/57165
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Collective Voluntary Approaches to Food Safety with Heterogeneous Firms: Monitoring and Design? 31
Bignebat, Celine; Rouviere, Elodie.
Collective quality management systems are well known instruments to manage the quality and/or the safety of foodstuffs. They can be considered as voluntary approaches to food safety. In environmental economics some empirical studies emphasize that firms entering into a collective voluntary program behave differently because their motivations differ. To the best of our knowledge, there is no formal discussion on the effectiveness of a collective voluntary program in which firms adopt different behaviour once they entered the program. Starting from this two strand of literature, we extend the analytical framework of collective voluntary approaches considering heterogeneous firms and applying it to food safety issues. We show that according to firm’s...
Tipo: Conference Paper or Presentation Palavras-chave: Voluntary Approaches; Food Safety; Collective Action; Heterogeneity; Food Consumption/Nutrition/Food Safety; Q18; L51; L81.
Ano: 2007 URL: http://purl.umn.edu/9441
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Competition Effects of Supermarket Services 31
Bonanno, Alessandro; Lopez, Rigoberto A..
This paper investigates the effect of in-store services on retail food prices, supermarket competition, and demand using fluid milk as a case study. It is shown that higher-service supermarkets charge higher milk prices essentially because of an increase in market power due to differentiation of service offering. Results show that different types of services impact milk prices differently, that upscale food-retailers face stronger competition in newer services, and that service competition results in a trade-off for the consumer between the attractiveness of the enhanced retail configuration and the increase in prices.
Tipo: Conference Paper or Presentation Palavras-chave: Retailing; Pricing; Milk; Supermarkets; Agribusiness; L81; D40; L66.
Ano: 2007 URL: http://purl.umn.edu/9833
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Concentration in Hungarian Food Retailing and Supplier-Retailer Relationships 31
Juhasz, Aniko; Stauder, Marta.
The paper is a summary about the Hungarian retail sector based on the results of different research projects completed in the last five years. From all of these studies and of course the wide ranging domestic and international literature we had to conclude that the retailers have become more and more the exclusive owner of the information about the consumers and with this they become the new "captains" of the food chain. Thus we always started our research with gathering information about the situation of the Hungarian retail sector because we believed if we want to help those who try to adapt (the suppliers) then we have to know much more about those who dictate (the retailers). Analysing the concentration in company and not branch level we can say that...
Tipo: Conference Paper or Presentation Palavras-chave: Food retailing; Concentration; Market structure; Supplier-retailer relationships; Industrial Organization; D3; L81.
Ano: 2006 URL: http://purl.umn.edu/25766
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Confirming the Price Effects of Private Labels Development 31
Bontemps, Christophe; Orozco, Valerie; Requillart, Vincent.
We study the price response of national brands to the development of private labels. We use monthly data from a consumer survey reporting their purchases for 218 food products. We show that when private labels have a significant effect on national brands prices (144 cases over 218), that is positive (89%). We also show that the increase in the prices of national brand products is explained by a strategy of product differentiation. Finally, price reaction of national brands differs with the type of private labels they are facing. This paper confirms, on a larger number of products, previous empirical results.
Tipo: Conference Paper or Presentation Palavras-chave: Private labels; Pricing; Empirical models; Food products; L81; Q13; D40; Demand and Price Analysis.
Ano: 2005 URL: http://purl.umn.edu/24735
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Consumers' Decision between Private Labels and National Brands in a Retailer's Store: A Mixed Multinomial Logit Application 31
Bergès-Sennou, Fabian; Hassan, Daniel; Monier-Dilhan, Sylvette; Raynal, Helene.
We propose to analyze the determinants of consumers' brand decision within a retailer store using a multinomial mixed logit approach. For the consumers' choice, national brands compete with private labels (both me-too product and high quality store brand). We first find that the standard private label (me-too), independently of the price effect, performs better than all national brands in terms of consumers' utility. Second, the high-quality private label does not reach its target yet in term of consumers' acceptance due to a poor product characteristics perception. Last, it appears that households' objective socioeconomic variables (income, education and household size) do not play any role in private label perception, whereas objective consumption...
Tipo: Conference Paper or Presentation Palavras-chave: Brands; Consumers' choice; Mixed logit model; Willingness to pay.; Consumer/Household Economics; D12; L81; Q13.
Ano: 2007 URL: http://purl.umn.edu/9407
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Does traceability play a role in retailer’s strategies for private labels? 31
Banterle, Alessandro; Souza Monteiro, Diogo M.; Stranieri, Stefanella.
Traceability is helping retailers manage food safety risks and support product differentiation. This paper aims to investigate how traceability may be used to screen supplier for private labels dedicated provider pools. Retailers in the UK and Italy have several private label product lines and increasingly select dedicated suppliers. The choice of providers is a typical agency problem as retailers contract the production for their private labels, having incomplete information on types and effort of their suppliers. Different contracts must be designed for suppliers of private labels depending on position of the product line and its food safety risk. A case study, based on the second largest Italian retailer reveals that traceability and quality assurance...
Tipo: Conference Paper or Presentation Palavras-chave: Traceability; Dedicated providers; Food products; Retailing; Vertical coordination; Marketing; Q13; Q18; L81; L66; L15.
Ano: 2009 URL: http://purl.umn.edu/50933
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Electronic Commodity Market System for Food Networks 31
Fomina, Julia; Fomin, Eduard.
On the agricultural market, like any other market, there are transaction costs such as “discovering what the relevant prices are, the costs of negotiating and concluding a separate contract for each exchange transaction1”, and others. According to our research the average level of transaction costs in Russia for small and medium-sized enterprises is about 28% of the total cost. If the transaction costs of agricultural market are high, in order to reduce them entrepreneurs can arrange the additional production of goods within the firm, replacing market relationships on the relations within the firm. For example, in Russia, the large grain producers often have their own storage of grain (elevators) and mills, bakeries and even shops, because it is more...
Tipo: Presentation Palavras-chave: Commodity market; E-commerce; Food sector; Self-organizing.; Agribusiness; Agricultural and Food Policy; Food Consumption/Nutrition/Food Safety; International Relations/Trade; Research and Development/Tech Change/Emerging Technologies; L81; Q13; Q17..
Ano: 2011 URL: http://purl.umn.edu/122028
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Empezando a conocer el mercado doméstico: Análisis de la oferta de productos de carne bovina. 31
Lanfranco, Bruno A.; Reyes, Maria L.; Risso, Juan M..
El presente estudio procura conocer mejor la demanda de productos de carne bovina para tres áreas geográficas de Montevideo que representan diferentes niveles socioeconómicos de la población, a través de la oferta observada en los dos principales formatos de comercialización: supermercados y carnicerías. En la zona de mayor nivel socioeconómico (AG1) se comercializa el 21% del volumen total de estos productos mientras que en la de nivel medio (AG2), con mayor concentración poblacional, se comercializa el 47%; el restante 32% se vende en la zona de menor nivel (AG3). Los resultados obtenidos mostraron que a medida que disminuía el nivel socioeconómico de los consumidores aumentaba la demanda por cortes más económicos (aguja, paleta, falda y asado) en...
Tipo: Book Palavras-chave: Meat products; Marketing strategies; Domestic consumers; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; D1; D4; L81.
Ano: 2004 URL: http://purl.umn.edu/121754
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ESTIMATING THE IMPORTANCE OF SHELF SPACE CONFIGURATION ON RETAILER'S PROFIT 31
Roucan-Kane, Maud; Martens, Bobby J.; Preckel, Paul V..
Retail shelf space allocation remains a central issue in grocery retailing. A literature review produced many studies on retail shelf space allocation, but none which evaluated shelf space allocation using three major factors at once: space, vertical height, and price. In this study, shelf space allocation was modeled from the perspective of a retailer maximizing profit using space, vertical height, and price. Using benchmarking, the results show how shelf configuration affects consumer demand and retailer profit. Parameters for the model were based on experience-based intuition. Although the initial results are not valuable at this point, the method and results create a rationale and motivation to gather primary data. Once primary data is collected, this...
Tipo: Working or Discussion Paper Palavras-chave: Shelf space allocation; Retail; Optimization; Grocery; Elasticity; GAMS; Ketchup; Marketing; C61; L81.
Ano: 2007 URL: http://purl.umn.edu/7330
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Food Access and Food Security – An Empirical Analysis 31
Bonanno, Alessandro; Li, Jing.
This paper analyzes the effect of access to different types of food outlets on households’ food insecurity levels. Two years (2004 and 2005) of Current Population Survey – Food Security Supplement data are matched with MSA-level data on store counts of Wal-Mart Supercenters, small food stores (small grocery stores and convenience stores), medium and large grocery stores, and convenience stores associated with gas stations. Endogeneity of food stores’ location is accounted for to eliminate spurious correlation between households’ food security status and food access. Preliminary results indicate that, before accounting for endogeneity bias, the presence of Wal-Mart supercenters appears to be associated to higher levels of households’ food insecurity, while...
Tipo: Conference Paper or Presentation Palavras-chave: Food Security; Food Access; 2-Stage Residual Inclusion; Wal-Mart; Convenience Stores; Grocery Stores; Consumer/Household Economics; Food Security and Poverty; Industrial Organization; Q18; L81; P46.
Ano: 2011 URL: http://purl.umn.edu/103218
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Fresh Produce Intermediaries in Away-from-Home Food Markets and Trade Practices 31
Thornsbury, Suzanne; Hinson, Roger A.; Martinez, Lourdes R.; Reaves, Dixie Watts.
Tipo: Journal Article Palavras-chave: Crop Production/Industries; Marketing; L14; L20; L81.
Ano: 2006 URL: http://purl.umn.edu/94363
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Grocery Retailer Pricing Behavior for California Avocados with Implications for Industry Promotion Strategies 31
Li, Lan; Carman, Hoy F.; Sexton, Richard J..
Rising concentration and consolidation of sales among large supermarket chains in the U.S. and other countries, due in part to a recent wave of mergers in food retailing, have made retailers' role in the food industry a topical issue. Using a unique micro dataset, this paper investigates retailer pricing issues for avocados, a key California specialty commodity, and analyzes the implications of retailer pricing behavior for the effectiveness of avocado industry advertising programs. The methodologies developed and the results achieved in this study should have broad applications across the produce sector, the food industry, and the grocery retail market. We find that retail prices for avocados are highly dispersed both spatially and temporarily. The...
Tipo: Conference Paper or Presentation Palavras-chave: F13; L1; L81; Q1; Q13; Demand and Price Analysis; Marketing.
Ano: 2006 URL: http://purl.umn.edu/25494
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Imperfect competition in the fresh tomato industry 31
Hadj Djelloul, Mohammed; Requillart, Vincent; Simioni, Michel.
In this paper, we analyse the market power of the retail industry in the French tomato market. Following the methods developed in the New Empirical Industrial Organization, we develop a structural model of this industry. The analysis is based on detailed data on final consumption and prices at both shipper and consumer levels for two types of tomatoes in France. The structural model is composed of a system of demand equation and supply equation. Supply equation includes a term that represents the market power of the retail sector. We use different models of demand in order to test the robustness of our results. We show that i) elasticity of demand varies during the year ii) the retail sector exercise only a "moderate" market power iii) the estimated...
Tipo: Conference Paper or Presentation Palavras-chave: Market power; Imperfect competition; Fresh products; Crop Production/Industries; Demand and Price Analysis; Marketing; L13; Q13; L66; L81.
Ano: 2008 URL: http://purl.umn.edu/6682
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Investigating Thai Shopping Behavior: Wet-Markets, Supermarkets and the ‘Big Middle’ 31
Gorton, Matthew; Sauer, Johannes; Supatpongkul, Pajaree.
Drawing on the Big Middle theory of retail evolution, an analysis of primary survey data on Thai shopping behavior seeks to understand the relative satisfaction of consumers with wet markets and supermarkets, identifying the factors that affect frequency of visit to, and purchase behavior within, these retail outlets. This provides the basis for engaging in a wider debate on the possibility of a ‘Global Big Middle’ for food retailing. On all salient attributes affecting retail outlet choice, supermarkets perform better than wet markets. However for fresh produce, wet markets continue to account for the majority of expenditure, albeit to a far lesser extent than in previous studies. A bootstrapped bivariate ordered probit model identifies that supermarkets...
Tipo: Conference Paper or Presentation Palavras-chave: Big Middle; Food retailing; Thailand; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Marketing; D12; L81; P46.
Ano: 2009 URL: http://purl.umn.edu/50332
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Investigating Thai Shopping Behaviour: Wet-Markets, Supermarkets and Food Quality 31
Gorton, Matthew; Sauer, Johannes; Supatpongkul, Pajaree.
An analysis of primary survey data on Thai shopping behavior seeks to understand the relative satisfaction of consumers with wet markets and supermarkets and identify the factors that affect frequency of visit to, and purchase behavior within, these retail outlets. This is used as a basis for engaging in wider debates on the ‘supermarket revolution’ in Asia. On all salient attributes affecting retail outlet choice, wet markets are perceived, in general, to be inferior to supermarkets. However for fresh produce sales, wet markets retain an advantage. Both socio-economic characteristics and retail outlet attributes are considered as determinants of food shopping behavior. Bootstrapped bivariate ordered probit models identify that those using wet markets more...
Tipo: Conference Paper or Presentation Palavras-chave: Food choice; Retail; Thailand.; Consumer/Household Economics; D12; L81; P46.
Ano: 2009 URL: http://purl.umn.edu/51054
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Is Wal-Mart a Monopsony? Evidence from Local Labor Markets 31
Bonanno, Alessandro; Lopez, Rigoberto A..
This paper measures the degree of monopsony power exerted by Wal-Mart over retail workers using a dominant-firm model and data in the 48 contiguous U.S. states for counties where the company operates, presenting for the first time a measure of the company’s anticompetitive behavior. Empirical results show that Wal-Mart’s monopsony power over workers varies significantly across the country, being higher in non-metro and rural counties, particularly in the south. For instance, Wal-Mart’s buying power index in labor markets in rural southern and central states is estimated to be 5% or higher while the impact on northeastern states’ retail wages is negligible.
Tipo: Conference Paper or Presentation Palavras-chave: Wal-Mart; Monopsony power; Wages; Labor; Retailing; Community/Rural/Urban Development; Industrial Organization; Labor and Human Capital; Research Methods/ Statistical Methods; J42; L13; L81.
Ano: 2009 URL: http://purl.umn.edu/51289
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Limited Food Access as an Equilibrium Outcome: An Empirical Analysis 31
Bonanno, Alessandro; Chenarides, Lauren; Goetz, Stephan J..
Lack of access to nutritious and affordable food has become an important public policy issue in the U.S.: various interest groups are seeking to reverse a trend whereby certain areas lack larger, full-service grocery stores that provide “higher” quality foods. Based on game-theoretic findings suggesting that lack of food access can be an equilibrium outcome, we specify a model relating access to higher quality food stores to a vector of supply and demand factors, using seven years of county-level data for the contiguous U.S., and a constrained generalized ordered logit estimator. Our results suggest that demand side factors, especially market size (total income and SNAP funds) play an important role in determining food access, and that large food stores...
Tipo: Presentation Palavras-chave: Food Access; Equilibrium; Food-Store Density; Food Consumption/Nutrition/Food Safety; Q18; R3; L81.
Ano: 2012 URL: http://purl.umn.edu/123196
Registros recuperados: 32
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