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Differences in WTP and Consumer Demand for Organic and Non-GM Fresh and Processed Foods AgEcon
He, Na; Bernard, John C..
Auction experiments were used to examine demand and premium differences between organic, non-GM (genetically modified), and conventional versions for two pairs of fresh and processed foods. Results showed processed foods had greater substitutability among the versions than fresh products. Conventional versions were the least price sensitive, while non-GM versions were the most sensitive. Significant premium differences were found between fresh and processed foods for sweet corn and tortilla chips, but not for potatoes and potato chips. Results from random effects models mirrored these findings. In general, the extent of premium differences between fresh and processed versions appears dependent on the food product.
Tipo: Journal Article Palavras-chave: Auction experiments; Willingness to pay; Organic; Non-GM; Fresh; Processed food; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Marketing.
Ano: 2011 URL: http://purl.umn.edu/117773
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IMPORTANCE OF THE PROCESSED FOOD SECTOR FOR THE U.S. AGRICULTURAL INDUSTRY AgEcon
Devadoss, Stephen.
Tipo: Working or Discussion Paper Palavras-chave: Processed food trade; Processed food; U.S. agricultural industry; Agribusiness; Q1; F1.
Ano: 1998 URL: http://purl.umn.edu/29246
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MARKET ACCESS FOR HIGH-VALUE FOODS AgEcon
Regmi, Anita; Gehlhar, Mark J.; Wainio, John; Vollrath, Thomas L.; Johnston, Paul V.; Kathuria, Nitin.
Market access remains a major impediment for expansion of global trade in high-value foods, particularly processed foods. Countries use tariffs and other measures that effectively stimulate imports of relatively unprocessed agricultural commodities at the expense of processed products. Tariff escalation, in which tariffs rise with the level of processing, discourages trade in high-value foods, and trade remedy measures, such as antidumping duties, are concentrated among high-value products. Globalization has provided countries with easier access to capital and technology needed to produce processed food, further affecting trade patterns and markets for high-value foods. A uniform cut in tariffs increases trade in high-value foods more than trade in raw...
Tipo: Report Palavras-chave: Food trade; Processed food; High-value foods; Tariff; Tariff escalation; Trade remedy measures; Sanitary and phytosanitary measures; Safeguard measures; Revealed comparative advantage; Trade complementarities; International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/33999
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U.S. FOREIGN DIRECT INVESTMENT IN FOOD PROCESSING INDUSTRIES OF LATIN AMERICAN COUNTRIES: A DYNAMIC APPROACH AgEcon
Skripnitchenko, Anatoliy; Koo, Won W..
In this report, we apply a dynamic cost minimization model of U.S. foreign direct investment in food processing industries to nine Latin American countries. Estimation of the first order condition (Euler equation) using a consistent rational expectation assumption showed that dynamic structure explains the investment process in food processing industries quite well. U.S. food processors in Latin America are driven by the host country?s level of demand and by labor cost considerations. They can adjust their investment position quickly. We also quantified short and long-run effects of shocks to exogenous variables on foreign direct investment position.
Tipo: Working or Discussion Paper Palavras-chave: Foreign direct investment; Dynamic; Latin America; Adjustment costs; Processed food; Euler equation; International Relations/Trade.
Ano: 2005 URL: http://purl.umn.edu/23533
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