Market Evidence of Packer Willingness to Pay for Traceability
This article measures the willingness to pay for the traceability of steers. I use data on the price of steers in Quebec and Ontario to identify a demand shifter in a hedonic framework. I estimate error correction models to provide the first market-based econometric estimates of the willingness to pay for traceability. My best assessment is that a premium between C$0.02 and C$0.05 per pound of carcass (between 1.2% and 3.1%) is paid for traceable steers. Copyright 2011, Oxford University Press.
Year of publication: |
2011
|
---|---|
Authors: | Pouliot, Sébastien |
Published in: |
American Journal of Agricultural Economics. - Agricultural and Applied Economics Association - AAEA. - Vol. 93.2011, 3, p. 735-751
|
Publisher: |
Agricultural and Applied Economics Association - AAEA |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Traceability, Liability, and Incentives for Food Safety and Quality
Pouliot, Sébastien, (2008)
-
Import sensitive products and perverse tariff-rate quota liberalization
Pouliot, Sébastien, (2012)
-
The demand for E85: Geographical location and retail capacity constraints
Pouliot, Sébastien, (2014)
- More ...