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Consumer valuation of health attributes in food AgEcon
Smed, Sinne; Hansen, Lars Garn.
In modern societies it seems that the pleasures of taste often encourage the consumption of fatty, salty and sweet foods, whereas growing health awareness discourages consumption of the same foods. Numerous studies find that education and diet healthiness are highly correlated and one possible explanation is that consumers with a longer education are better at understanding and appreciating the health implication of their diet than are consumers with a short education. In this study we estimate a hedonic model of consumer’s valuation of food characteristics that allows nutrients to influence utility both through their perceived effects on health and their effects on the taste of food. The model is estimated using purchase data from a consumer panel with...
Tipo: Presentation Palavras-chave: Hedonic model; Taste; Health; Food consumption; Food Consumption/Nutrition/Food Safety; D12; I12.
Ano: 2012 URL: http://purl.umn.edu/122730
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Consumer valuation of health attributes in food AgEcon
Smed, Sinne; Hansen, Lars Garn.
In modern societies consumers often face a trade-off between health and taste, the latter which encourages consumption of fatty, salty and sweet foods, whereas health awareness discourages consumption of the same food. The resulting diet, often rich in calories, sweeteners and fat constitutes a threat to public health as poor nutrition has been linked to several types of cancer, cardiovascular disease, diabetes, and osteoporosis as well as overweight and obesity. In this study we use the hedonic model as an outset to model consumer valuation of nutritional and non-nutritional characteristics of food consumption in a consistent way, accounting for that nutrients might influence utility both through health and through taste. This implies that a given...
Tipo: Conference Paper or Presentation Palavras-chave: Hedonic model; Taste; Health; Food consumption; Agricultural and Food Policy; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Health Economics and Policy; D12; I12.
Ano: 2010 URL: http://purl.umn.edu/116390
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The Dynamics of Farm Land Allocation - Short and Long Run Reactions in Long Micro Panel AgEcon
Arnberg, Soren; Hansen, Lars Garn.
This study develops a dynamic multi-output model of farmers’ crop allocation decisions that allows estimation of both short-run and long-run adjustments to a wide array of economic incentives. The method can be used to inform decision makers on a number of issues including agricultural policy reform and environmental regulation. The model allows estimation of dynamic effects relating to price expectations adjustment, investment lags, and crop rotation constraints. Estimation is based on micro-panel data from Danish farmers that includes acreage, output, and variable input utilization at the crop level. Results indicate that there are substantial differences between the short- and long-run land allocation behavior of Danish farmers and that there are...
Tipo: Conference Paper or Presentation Palavras-chave: Land allocation; Crop rotation; System of dynamic equations; Micro panel data; GMM; Land Economics/Use; C33; Q12; Q15.
Ano: 2007 URL: http://purl.umn.edu/9978
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