The purpose of this study is to evaluate the economic benefits of country of origin labeling (COOL) regulation by estimating the consumer’s willingness to pay (WTP) for Taiwan products vs. other imported products if clearly labeled with their countries of origin. We employ the Vickrey...

Annual per person consumption of dairy products, fats and oils, flours and cereals, bakery products, meats, eggs, sugars and sweets, and fresh vegetables fell during the 1980's. Consumption of poultry, fish and shellfish, juices, and beverages rose. Annual per person spending when adjusted for...

Annual per-person consumption of dairy products, poultry, fish and shellfish, fresh fruits and vegetables, frozen vegetables, fruit and vegetable juices, and beverages rose in low-income households during the 1980's. Consumption of fats and oils, flours and cereals, bakery products, red meats,...

The purpose of this study is to evaluate the economic benefits of country of origin labeling (COOL) regulation by estimating the consumer's willingness to pay (WTP) for Taiwan products vs. other imported products if clearly labeled with their countries of origin. We employ the Vickrey...

A random utility approach is used to estimate logit equations which indicate what factors affect the likelihood of consumption of non-GM and GM foods, and, whether or not consumers are willing to pay a premium for non-GM/GM foods. Ceteris paribus as the price difference between non-GM and GM...

Researchers believe that rice in developed countries such as Japan became an inferior good a few decades ago. This study employs the flexible complete demand system for the recent cross-sectional data in Japan. Our results clearly show that rice in Japan is a normal good contrary to the...

Functional form specification is a crucial task in demand analysis. Four food demand systems for 12 aggregated food items in urban China are estimated and compared using province level data for the period 1992-1999. The results show the expenditure elasticities especially for grain are different...

This research is aimed at investigating the consumer’s preference for food produced in Taiwan and the economic benefits for the country of origin labeling. The study uses both experimental auction and contingent valuation method (CVM) to investigate factors that affect the consumer’s...

The purpose of this paper is to quantify the property value impacts of a change in environmental quality by using the hedonic price model. In particular, we focus on the impact of the presence of landfills on nearby residential real estate prices. We combine elements of an urban location choice...