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Retail and Wholesale Market Power in Organic Foods AgEcon
Richards, Timothy J.; Acharya, Ram N.; Molina, Ignacio.
The demand for organic fresh fruits and vegetable continues to grow at a rate far higher than the rest of the produce industry. The cost of meeting organic certification standards, however, has meant that supply has been slow to adjust. With limited supply, we hypothesize that organic suppliers enjoy more market power in bargaining over their share of the retail-production cost margin for fresh apples. We test this hypothesis using a random parameters, generalized extreme value demand model (mixed logit) combined with a structural model of retail and wholesale pricing that allows conduct to vary by product attributes (organic or non-organic) and time. We find that organic growers do indeed earn a larger share of the total margin than non-organic...
Tipo: Conference Paper or Presentation Palavras-chave: Organics; Market power; Mixed logit; Game theory; Non-linear pricing.; Industrial Organization; C35; D12; D43; L13; L41; Q13..
Ano: 2009 URL: http://purl.umn.edu/49329
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Consumers' Perceptions about Food Quality Attributes and Their Incidence in Argentinean Organic Choices AgEcon
Rodriguez, Elsa M.; Lupin, Beatriz; Lacaze, Maria Victoria.
There is an increasing consumers' concern for food safety and quality and, at the same time, there has been a significant market increment in differentiated or high value products consumption, including organic products. The lack of empirical research in Argentina regarding consumers' awareness of food safety brought our attention. Therefore, the objective of this paper is to analyse consumers' perceptions about the risk and quality attributes of food consumption; and to evaluate the incidence of these factors when buying organic products in Argentina. The Lancaster model (1966) provided the theoretical basis for the use of products attributes and characteristics to analyse the incidence of these attributes in consumers' choices. The data used in this...
Tipo: Conference Paper or Presentation Palavras-chave: Food safety; Quality attributes; Consumers; Organics; Food Consumption/Nutrition/Food Safety; Q18; D1.
Ano: 2006 URL: http://purl.umn.edu/25791
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WHOLESALER MARKUP DECISIONS UNDER DEMAND UNCERTAINTY AgEcon
Park, Timothy A.; Lohr, Luanne.
We examine consistency with economic theory of markup decisions for a risk averse firm facing demand uncertainty. We derive testable comparative static results that describe the influence on the markup of expected demand, demand uncertainty, average variable costs and exogenous demand shifters. We test the model using data from the wholesale market for organic lettuce. Our results demonstrated that risk averse wholesalers raise markups as expected demand increases and reduce them as uncertainty increases.
Tipo: Working or Discussion Paper Palavras-chave: Risk aversion; Marketing margins; Comparative statics; Organics; Demand and Price Analysis; Risk and Uncertainty.
Ano: 1996 URL: http://purl.umn.edu/16699
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EL PAPEL DEL ADMINISTRADOR DE AGRONEGOCIOS EN LA SEGURIDAD ALIMENTARIA AgEcon
Guerra E., Guillermo A.; Aguilar Valdes, Alfredo; Cabral Martell, Agustin; Alvarado Martinez, Luis Felipe; Alvarado Martinez, Tomas Everardo; Arras Vota, Ana Maria; Moreno Medina, Salomon.
For decades, food security has been a worldwide problem affecting the poorest in order to find a possible solution to this dilemma that not only continues, but constantly grows with the increase in population. Agriculture, as the main food supplier, has evolved and increased its productivity, and has expanded its agricultural frontiers, since previous decades, in its attempts to solve this problem. If predominant conventional agriculture (mainly dedicated to productivity) is complemented with substantial increase of transgenic, organic, agroecological, greenhouse and hydroponic crops, it will be more feasible to avoid the loss of forest, the damage and loss of soils and at the same time diminish food insecurity. Within this context, the agribusiness...
Tipo: Journal Article Palavras-chave: Food security; Transgenic; Organics; Agro ecological; Hydroponics; Greenhouse; Agribusiness manager.; Agribusiness.
Ano: 2011 URL: http://purl.umn.edu/99477
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DISCOVERING NICHE MARKETS: A COMPARISON OF CONSUMER WILLINGNESS TO PAY FOR A LOCAL (COLORADO GROWN), ORGANIC, AND GMO-FREE PRODUCT AgEcon
Loureiro, Maria L.; Hine, Susan E..
Demand for value-added products is highly segmented among different types of consumers. In this paper, we assess consumer preferences for local, organic, and GMO-free potatoes in order to discover their potential niche markets. We identify socio-demographic characteristics that affect consumer preferences and compare the effects of different attributes on consumers' willingness to pay. Results suggest that the attribute "Colorado-Grown" carries a higher premium than organic and GMO-free attributes.
Tipo: Conference Paper or Presentation Palavras-chave: GMO-free; Local product; Organics; Payment card; Willingness to pay; Consumer/Household Economics.
Ano: 2001 URL: http://purl.umn.edu/20630
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DISCOVERING NICHE MARKETS: A COMPARISON OF CONSUMER WILLINGNESS TO PAY FOR LOCAL (COLORADO GROWN), ORGANIC, AND GMO-FREE PRODUCTS AgEcon
Loureiro, Maria L.; Hine, Susan E..
Demand for value-added products is highly segmented among different types of consumers. In this article, we assess consumer preferences for local, organic, and GMO-free potatoes in order to discover their potential niche markets. We identify sociodemographic characteristics that affect consumer preferences and compare the effects of different attributes on consumers' willingness to pay. Results suggest that the attribute "Colorado grown" carries a higher willingness to pay than organic and GMO-free attributes.
Tipo: Journal Article Palavras-chave: Colorado grown; GMO-free; Local product; Niche market; Organics; Payment card; Willingness to pay; Consumer/Household Economics; D12; Q13.
Ano: 2002 URL: http://purl.umn.edu/15073
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Contingent Valuation of Consumers’ Willingness-to-Pay for Organic Food in Argentina AgEcon
Rodriguez, Elsa M.; Lacaze, Maria Victoria; Lupin, Beatriz.
Throughout these last years, organic agriculture has undergone a remarkable expansion due, among other things, to the greater interest shown by consumers aware of food safety concerns involving real or perceived quality risks [1]. This paper aims to estimate consumers’ willingness to pay (WTP) for organic food products available in the Argentinean domestic market, with a view to providing some useful insights to gain support and outline strategies for promotion of organic production, marketing, regulation, and labelling programs of organic food products. A Binomial Multiple Logistic Regression model is estimated with data from a food consumption survey conducted in Buenos Aires city, Argentina, in April 2005. The Contingent Valuation Method was chosen in...
Tipo: Conference Paper or Presentation Palavras-chave: Willingness-to-pay; Food attributes; Organics; Demand and Price Analysis.
Ano: 2008 URL: http://purl.umn.edu/43947
Registros recuperados: 7
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