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Provedor de dados:  AgEcon
País:  United States
Título:  Welfare Measurement and Quality Product Differentiation in Agriculture: An Example From the EU15 Beef Sector
Autores:  Ramos, Maria Priscila
Drogue, Sophie
Marette, Stephan
Data:  2005-10-07
Ano:  2005
Palavras-chave:  Product differentiation
Beef demand
European Union
Welfare
Livestock Production/Industries
Resumo:  This paper examines the impact of two different model specifications on welfare estimations. A model specification that takes into account product differentiation is compared to a specification where the product differentiation is overlooked. The welfare comparison under both specifications show some biases of aggregation as well as ambiguous results: the welfare under one specification may be larger or lower than the welfare under the alternative assumption. In order to illustrate our theoretical conclusions, we present an application to the EU15 beef market. We show that the welfare when the product differentiation is taken into account is smaller than the welfare when the product differentiation is omitted.
Tipo:  Conference Paper or Presentation
Idioma:  Inglês
Identificador:  18138

http://purl.umn.edu/24720
Editor:  AgEcon Search
Relação:  European Association of Agricultural Economists>2005 International Congress, August 23-27, 2005, Copenhagen, Denmark
Poster Paper
Formato:  12

application/pdf
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