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Registros recuperados: 8
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A Hedonic Analysis on the Implicit Values of Fresh Tomatoes AgEcon
Huang, Chung L.; Lin, Biing-Hwan.
The food habits and dietary patterns of American consumers are changing and they are increasingly demanding food products that possess certain attributes relating to how the food was produced or processed. The objectives of the study are to analyze household purchase of fresh tomatoes and to determine the magnitudes of the price premium paid for the organic tomatoes by estimating a hedonic price model. The study uses the 2003 ACNielsen Homescan panel data. The data set represents a nationally representative panel of U.S. households, which provide food purchase data for at-home consumption. For empirical implementation, parameters of the hedonic model were estimated using the Box-Cox transformation procedure. The results indicated that consumers value the...
Tipo: Conference Paper or Presentation Palavras-chave: Box-Cox transformation; Fresh tomatoes; Hedonic price; Organic produce; Product attributes; Crop Production/Industries; D1; Q11.
Ano: 2006 URL: http://purl.umn.edu/25404
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ATTRIBUTES OF IDEAL SOIL SUBSTITUTES: RESULTS OF A SURVEY OF DEMAND SECTORS AgEcon
Lohr, Luanne.
This paper describes preferences for attributes of ideal soil substitutes reported by industry demand segments, and relates those attributes to willingness to pay for soil substitutes. Regression results on principal components indicate that concern over product stability, safety and environmental protection induce higher willingness to pay for ideal soil products.
Tipo: Working or Discussion Paper Palavras-chave: Compost; Markets; Principal components; Product attributes; Demand and Price Analysis; Farm Management.
Ano: 1996 URL: http://purl.umn.edu/16719
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Characteristics of Organic Food Shoppers AgEcon
Zepeda, Lydia; Li, Jinghan.
Data from a national survey of food shoppers are analyzed by probit and ordered probit models that incorporate elements of Lancaster's product attribute model and Weinstein's precaution adoption process. The models are used to investigate the characteristics of organic and non-organic food shoppers. Where one shops, food beliefs and food knowledge have the largest significant impact on the probability that shoppers buy organic food. Among the demographic characteristics, only the lack of religious affiliation, higher education, and youth are significant explanatory variables.
Tipo: Journal Article Palavras-chave: Consumer decision making; Consumer profiles; Organic food; Product attributes; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; C25; D12; M31.
Ano: 2007 URL: http://purl.umn.edu/6624
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Convergence or Divergence in Food Demand: Comparison of Trends in the EU and North America AgEcon
Regmi, Anita; Unnevehr, Laurian J..
Whether food demand is "converging" is tested in two ways. First, the convergence of food expenditures among 18 high-income countries is examined from 1990 to 2004. Convergence is apparent in total expenditures, cereals, and meats, even after correcting for differences in income and levels of protection. Second, specific food retailing and product introduction patterns are examined for the US, Canada, and four northern European countries for the past two decades. These show increasing shares for retail outlets selling standardized products, and increased preference for convenience, upscale, and natural product attributes across all six countries.
Tipo: Conference Paper or Presentation Palavras-chave: Food expenditures; Product attributes; Convergence; Demand and Price Analysis; D12; Q18.
Ano: 2005 URL: http://purl.umn.edu/24687
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Developing Policy Relevant Agrifood Models AgEcon
Rude, James; Meilke, Karl D..
The opportunities and challenges of incorporating accurate policy representations into institutional partial equilibrium commodity models were investigated. Six issues are raised: commodity space definition, vertical linkages, assessing market power, the changing nature of government support, trade policy, and data requirements. The importance of product attributes and different approaches to modeling product differentiation are considered. A case study of food safety is used to bring together the major issues. Although institutional commodity models still have a role to play, we advocate the use of smaller idiosyncratic models to address many of the relevant policy questions in a rapidly changing sector.
Tipo: Journal Article Palavras-chave: Commodity models; Food safety; Policy; Product attributes; F13; Q17; Q18.
Ano: 2004 URL: http://purl.umn.edu/43419
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How Much are Consumers Paying for Organic Baby Food? AgEcon
Smith, Travis A.; Huang, Chung L.; Lin, Biing-Hwan.
Using retail purchase data, price premiums and discounts associated with household demographics, market factors, and product attributes (focusing on the organic attribute for strained baby food) are estimated using a hedonic pricing model. Results suggest that the organic premium ranges from about 12 to 49 percent in 2004 and from 30 to 52 percent in 2006. Tests for significant changes relative to product attributes show that while the price of conventional baby food has stayed relatively the same, the premium for organic baby food has increased.
Tipo: Conference Paper or Presentation Palavras-chave: Organic baby food; Hedonic price; Market factors; Product attributes; Nielsen Homescan; Organic premium; Consumer/Household Economics; Demand and Price Analysis.
Ano: 2009 URL: http://purl.umn.edu/46748
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Organic Premiums of U.S. Fresh Produce AgEcon
Smith, Travis A.; Lin, Biing-Hwan; Huang, Chung L..
The study uses the 2005 Nielsen Homescan panel data to estimate price premiums and discounts associated with product attributes, market factors, and consumer characteristics, focusing on the organic attribute for 5 major fresh fruits and 5 major fresh vegetables in the United States. The results suggest that the organic attribute commands a significant price premium, which varies greatly from 13 cents per pound for bananas to 86 cents per pound for strawberries among fresh fruits and from 13 cents per pound for onions to 50 cents per pound for peppers among fresh vegetables. In terms of percentages, the estimated organic price premiums vary from 20% above prices paid for conventional grapes to 42% for strawberries among fresh fruits and from 15% above...
Tipo: Conference Paper or Presentation Palavras-chave: Fresh fruits and vegetables; Hedonic price; Organic produce; Organic premium; Product attributes; Nielsen Homescan; Agricultural Finance.
Ano: 2008 URL: http://purl.umn.edu/37626
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The Effects of Trivial Attributes on Choice of Food Products AgEcon
Miljkovic, Dragan; Gong, Jian; Lehrke, Linda.
Trivial or irrelevant attributes are defined as attributes that do not create a meaningful difference in a brand’s performance. The objective of this paper is to determine if and how trivial attributes affect consumers in their choice of variety/brands of food products including frozen green beans, orange juice, canola oil, and frosted strawberry toaster pastries. Sixty subjects participated in the experiment. Subjects understood that trivial attributes are less important than substantive attributes. Substantive (important) quality attributes and economic variables affecting choice were all perceived equal across brands by the subjects in the experiment. Two critical driving forces in determining the presence and direction of the effect of a trivial...
Tipo: Journal Article Palavras-chave: Consumer choice; Food products; Product attributes; Promotional attributes; Choice set size; Trivial attributes; Agribusiness.
Ano: 2009 URL: http://purl.umn.edu/55557
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