Milk by Any Other Name … Consumer Benefits from Labeled Milk
This article uses revealed preferences of consumers to study the consumer benefits from rBST-free and organic labeled milk. The article specifies and estimates a quadratic AIDS demand system model for different milk types using U.S. supermarket scanner data. The introduction of rBST-free and organic milk is used to estimate consumer benefits that are decomposed into two components, competitive and variety effects. Results show significant consumer benefits from organic milk and to a lesser extent from rBST-free milk. Based on the findings, we explore implications for present U.S. labeling standards. Copyright 2005, Oxford University Press.
Year of publication: |
2005
|
---|---|
Authors: | Dhar, Tirtha ; Foltz, Jeremy D. |
Published in: |
American Journal of Agricultural Economics. - Agricultural and Applied Economics Association - AAEA. - Vol. 87.2005, 1, p. 214-228
|
Publisher: |
Agricultural and Applied Economics Association - AAEA |
Saved in:
Online Resource
Saved in favorites
Similar items by person
-
Milk by any other name ... consumer benefits from labeled milk
Dhar, Tirtha, (2005)
-
Milk by Any Other Name... Consumer Benefits from Labeled Milk
Dhar, Tirtha, (2004)
-
Milk by Any Other Name … Consumer Benefits from Labeled Milk
Dhar, Tirtha, (2005)
- More ...