The organic food premium : a Canterbury tale

Adelina Gschwandtner

The present paper attempts to bring further evidence on the behavioural gap for organic food in Britain. The stated preferences are analysed by contingent valuation, while the revealed preferences are estimated by hedonic pricing. A small but significant gap in the premium for organic food between stated and revealed preferences has been found. This gap may suggest a need for price premium intervention. The estimated price elasticity for organic products is on average above one in absolute value suggesting that a pricing policy could be very effective.

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Year of publication:	2014
Authors:	Gschwandtner, Adelina
Publisher:	[Canterbury] : Univ. of Kent, School of Economics
Subject:	Contingent Valuation \| Hedonic Pricing Method \| Convergent Validity \| Behavioral Gap \| Organic Food \| Price Premium \| Bio-Lebensmittel \| Organic food \| Hedonischer Preisindex \| Hedonic price index \| Zahlungsbereitschaftsanalyse \| Willingness to pay \| Lebensmittelpreis \| Food price \| Konsumentenverhalten \| Consumer behaviour \| Theorie \| Theory \| Schätzung \| Estimation

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Extent:	Online-Ressource (27, 6 S.) Ill., graph. Darst.
Series:	Discussion papers / University of Kent, School of Economics. - Canterbury : [Verlag nicht ermittelbar], ZDB-ID 2196631-X. - Vol. 1411
Type of publication:	Book / Working Paper
Type of publication (narrower categories):	Arbeitspapier ; Working Paper ; Graue Literatur ; Non-commercial literature
Language:	English
Notes:	Systemvoraussetzungen: Acrobat Reader
Other identifiers:	hdl:10419/105713 [Handle]
Classification:	H29 - Taxation, Subsidies, and Revenue. Other ; Q18 - Agricultural Policy; Food Policy ; Q21 - Demand and Supply
Source:	ECONIS - Online Catalogue of the ZBW

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