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Registros recuperados: 31
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The Impacts of Fat Taxes and Thin Subsidies on Nutrient Intakes AgEcon
Salois, Matthew J.; Tiffin, J. Richard.
This paper examines the health effects of a fiscal food policy based on a combination of fat taxes and thin subsidies. The fat tax is based on the saturated fat content of food items while the thin subsidy is applied to select fruit and vegetable items. The policy is designed to be revenue neutral so the subsidy exactly offsets the revenue from the fat tax. A model of food demand is estimated using Bayesian methods that accounts for censoring and infrequency of purchase (the problem of unit values is also discussed). The estimated demand elasticities are used to compute nutrient elasticities which demonstrate how consumption of specific nutrients changes based on price changes in particular foods from the fiscal policy. Results show that although the fat...
Tipo: Conference Paper or Presentation Palavras-chave: Fat tax; Nutrient elasticities; Obesity; Thin subsidy; Food Consumption/Nutrition/Food Safety; D30; D60; H20; I10; I30.
Ano: 2011 URL: http://purl.umn.edu/108789
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Marketing via Friends: Strategic Diffusion of Information in Social Networks with Homophily AgEcon
Chuhay, Roman.
The paper studies the impact of homophily on the optimal strategies of a monopolist, whose marketing campaign of new product relies on a word of mouth communication. Homophily is a tendency of people to interact more with those who are similar to them. In the model there are two types of consumers embedded into a social network, which differ in friendship preferences and desirable design of product. Consumers can learn about the product directly from an advertisement or from their neighbors. The monopolist chooses the product design and price to influence a pattern of communication among consumers. We find a number of results: (i) for low levels of homophily the product attractive to both types of consumers is preferred to specialized products; (ii) the...
Tipo: Working or Discussion Paper Palavras-chave: Networks; Word of Mouth; Viral Marketing; Homophily; Diffusion; Social Networks; Random Graphs; Monopoly; Pricing Strategy; Product Design; Marketing; Advertisement; Environmental Economics and Policy; D21; D42; D60; D83; L11; L12.
Ano: 2010 URL: http://purl.umn.edu/96667
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Consumer Welfare and the Loss Induced by Withheld Information: The Case of BSE in Italy AgEcon
Mazzocchi, Mario; Stefani, Gianluca.
The paper develops a measure of consumer welfare losses associated with withheld information about BSE linkage with vCJD. food safety. The Cost of Ignorance (COI) is measured by comparing the utility of the informed choice with the utility of the uninformed one, under condition of improved information. Unlike previous work, based on a single equation demand model, the measure is obtained retrieving a cost function from a dynamic Almost Ideal Demand System. The results indicate that Italian consumers bore a significant loss because of the delayed release of information.
Tipo: Conference Paper or Presentation Palavras-chave: Food safety; Welfare analysis; Information; Food Consumption/Nutrition/Food Safety; BSE; D80; D60; D12.
Ano: 2002 URL: http://purl.umn.edu/24927
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A SENSITIVITY ANALYSIS OF QUALITY OF LIFE INDICES ACROSS COUNTRIES AgEcon
Rahman, Tauhidur; Mittelhammer, Ronald C.; Wandschneider, Philip R..
This paper attempts to provide a comprehensive analysis of interrelationships among the determinants of the Quality of Life (QOL). We show that various measures of well-being are highly sensitive to domains of QOL that are considered in the construction of comparative indices, and how measurable inputs into the well-being indicators are aggregated and weighted to arrive at composite measures of QOL. We present a picture of conditions among the 43 countries of the world with respect to such interrelated domains of QOL as the relationship with family and friends, emotional well-being, health, work and productivity, material well-being, feeling part of one's community, personal safety, and the quality of environment. On the basis of Borda Rule and the...
Tipo: Conference Paper or Presentation Palavras-chave: Quality of life; Domains; Borda rule; Principal components; And rankings; Institutional and Behavioral Economics; I31; D60; D63.
Ano: 2003 URL: http://purl.umn.edu/22045
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THE HEALTH EFFECTS OF A FISCAL FOOD POLICY AgEcon
Salois, Matthew J.; Tiffin, J. Richard.
This paper examines the health effects of a fiscal food policy based on a combination of fat taxes and thin subsidies. The fat tax is based on the saturated fat content of food items while the thin subsidy is applied to select fruit and vegetable items. The policy is designed to be revenue neutral so that the subsidy exactly offsets the revenue from the fat tax. A model of food demand is estimated using Bayesian methods that accounts for censoring and infrequency of purchase (the problem of unit values is also discussed). The estimated of demand elasticities are used to compute nutrient elasticities which demonstrate how consumption of specific nutrients changes based on price changes in particular foods from the fiscal policy. Results show that while the...
Tipo: Conference Paper or Presentation Palavras-chave: Bayesian estimation; Censoring; Fat tax; Infrequency of purchase; Nutrient elasticities; Obesity; Thin subsidy; Unit values; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Health Economics and Policy; D30; D60; H20; I10; I30.
Ano: 2010 URL: http://purl.umn.edu/116394
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Valuing Intellectual Property Rights in an Imperfectly Competitive Market: A Biopharming Application AgEcon
Kostandini, Genti; Mills, Bradford F..
Small research firms developing biotechnology applications often focus on establishing intellectual property rights (IPRs), which can then be sold to more established firms with existing market channels. This paper presents a method for valuing the IPRs for an innovation that lowers product production costs below those associated with the patented process of a monopolist. The application to Glucocerebrosidase enzyme from transgenic tobacco suggests an IPRs value of about $1.75 billion. Despite the innovator’s market power, significant surplus gains also accrue to consumers. Further, U.S. antitrust laws that prohibit IPRs acquisition by the current monopolist increase consumer welfare by almost 50%.
Tipo: Journal Article Palavras-chave: Biopharmaceuticals; Biopharming; Economic surplus; Imperfect competition; Intellectual property rights; Agribusiness; Demand and Price Analysis; Financial Economics; Marketing; D23; M13; D43; D60.
Ano: 2009 URL: http://purl.umn.edu/56641
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Referendum Design and Contingent Valuation: The NOAA Panel's No-Vote Recommendation AgEcon
Carson, Richard T.; Hanemann, W. Michael; Kopp, Raymond J.; Krosnick, Jon A.; Mitchell, Robert C.; Presser, Stanley; Ruud, Paul A.; Smith, V. Kerry; Conaway, Michael; Martin, Kerry.
In 1992 the National Oceanic and Atmospheric Administration (NOAA) convened a panel of prominent social scientists to assess the reliability of natural resource damage estimates derived from contingent valuation (CV). The product of the Panel's deliberations was a report that laid out a set of recommended guidelines for CV survey design, administration, and data analysis. One of the Panel's recommendations was that CV surveys should employ a referendum approach. This method describes a choice mechanism that asks each respondent how they would vote if faced with a particular program and the prospect of paying for the program through some means, such as higher taxes. The Panel also recommended that CV referendum questions which commonly use only "for" or...
Tipo: Working or Discussion Paper Palavras-chave: Contingent valuation; Natural resource damages; Passive use; Exxon Valdez; Reliability; Environmental Economics and Policy; D60; D61; K32; Q28.
Ano: 1995 URL: http://purl.umn.edu/10865
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Welfare distribution between EU Member States through different national decoupling options. Implications for Spain AgEcon
Dominguez, Ignacio Perez; Wieck, Christine.
SUMMARY: This paper makes use of an agricultural sector model to analyse welfare effects derived from different national implementation options of the CAP Reform 2003. It shows that agricultural prices developed more favourable in a full premium decoupling scenario, since agricultural production declines more pronounced compared to a partial decoupling scenario. The use of the partial decoupling mechanism helps Member States to distribute income into less favoured areas but is not the optimal policy choice. However, if other Member States follow the same path of reform, a "prisoner's dilemma" will most likely be observed: partial decoupling appears as the preferred option for individual Member States, since high domestic production and high producer prices...
Tipo: Journal Article Palavras-chave: Common Agricultural Policy; Partial equilibrium analysis; Modelling; Decoupling; Welfare analysis.; Agricultural and Food Policy; C61; D60; Q18.
Ano: 2006 URL: http://purl.umn.edu/8005
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The Economics of Sustainability: A Review of Journal Articles AgEcon
Pezzey, John C.V.; Toman, Michael.
Concern about sustainability helped to launch a new agenda for development and environmental economics and challenged many of the fundamental goals and assumptions of the conventional, neoclassical economics of growth and development. We review 25 years' of refereed journal articles on the economics of sustainability, with emphasis on analyses that involve concern for intergenerational equity in the long-term decision-making of a society; recognition of the role of finite environmental resources in long-term decision-making; and recognizable, if perhaps unconventional, use of economic concepts, such as instantaneous utility, cost, or intertemporal welfare. Taken as a whole, the articles reviewed here indicate that several areas must be addressed in future...
Tipo: Working or Discussion Paper Palavras-chave: Economic efficiency; Intergenerational equity; Social optimality; Sustainable development; Environmental Economics and Policy; Q20; D60; D90.
Ano: 2002 URL: http://purl.umn.edu/10683
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The Distributional Consequences of a Fiscal Food Policy: Evidence From the UK AgEcon
Salois, Matthew J.; Tiffin, J. Richard.
The extant literature on fat taxes and thin subsidies tends to focus on the overall effectiveness of such fiscal instruments in altering diets and improving health. However, little is known about the welfare impacts of fiscal food policies on society. This paper fills a gap in the literature by assessing the distributional impacts and welfare effects resulting from a tax-subsidy combination on different food groups. Using the methods derived from marginal tax reform theory, a formal welfare economics framework is developed allowing the calculation of the distributional characteristics of various food groups and approximate welfare measures of prices changes caused by a tax-subsidy combination. The distributional characteristics reveal that many of the food...
Tipo: Conference Paper or Presentation Palavras-chave: Distributional characteristic; Economic welfare; Fat tax; Indirect tax reform; Obesity; Thin subsidy; Food Consumption/Nutrition/Food Safety; Health Economics and Policy; D30; D60; H20; I10; I30.
Ano: 2010 URL: http://purl.umn.edu/61360
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THE DETERMINANTS OF HAPPINESS AMONG RACE GROUPS IN SOUTH AFRICA AgEcon
Ebrahim, Amina.
This paper tests for happiness differences among race groups in South Africa and also investigates the determinants of happiness for each race group. Using data from the 2008 National Income Dynamics Survey, the results indicate that reported happiness differs substantially among race groups, with Blacks being the least happy. The determinants of happiness also differ between race groups. While Whites attached greater importance to physical health, employment status and absolute income matter greatly for Blacks. For Coloureds and Blacks, relative income is an important determinant of happiness, with religious importance significantly contributing to the happiness of Indians/Asians.
Tipo: Journal Article Palavras-chave: Happiness; Race; Determinants; South Africa; Health Economics and Policy; Institutional and Behavioral Economics; Public Economics; I31; D60.
Ano: 2010 URL: http://purl.umn.edu/107588
Registros recuperados: 31
Primeira ... 12 ... Última
 

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