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The Price of Happy Hens: A Hedonic Analysis of Retail Egg Prices AgEcon
Chang, Jae Bong; Lusk, Jayson L.; Norwood, F. Bailey.
This paper analyzes price differentials among conventional, cage-free, organic, and Omega-3 eggs using retail scanner data from two regional markets and the United States as a whole. Results reveal significant premiums attributable to cage-free (a 57% premium on average) and organic (an 85% premium on average). However, significant variation exists among geographic locations; price premiums for organic over conventional eggs in Dallas are almost twice as high as those in San Francisco. Estimates indicate that about 42% of the typically observed premium for cage-free eggs over conventional eggs (and 36% of the premium for organic eggs) can be attributed to egg color rather than differences in hens’ living conditions. Despite the large implicit price...
Tipo: Journal Article Palavras-chave: Animal welfare; Cage-free; Eggs; Free-range; Hedonic; Organic; Demand and Price Analysis; Livestock Production/Industries.
Ano: 2010 URL: http://purl.umn.edu/97855
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Hedonic Analysis of Sustainable Food Products AgEcon
Satimanon, Thasanee; Weatherspoon, Dave D..
www.ifama.org
Tipo: Journal Article Palavras-chave: Hedonic; Sustainable; Sustainability; Eggs; Free-range; Cage-free; Agribusiness; Q13.
Ano: 2010 URL: http://purl.umn.edu/96336
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