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In this paper we present the results of a contingent valuation study and an experimental approach to estimating the willingness to pay for fresh milk produced in the consumer's own region. In contrast to the fictitious contingent valuation study, responses in the experimental investigation are...
Persistent link: https://www.econbiz.de/10008802668
The liberalization of agricultural markets has increased the interest of farmers (as well as those working on policies concerned with their welfare) in agricultural diversification strategies. However, empirical research on diversification in European agricultural markets is very limited. This...
Persistent link: https://www.econbiz.de/10008802789
This paper presents price and income elasticities of food demand in Germany. Using cross sectional data from the 2003 German income and consumption survey a Linear Approximate Almost Ideal Demand System is employed. Two aspects which have to be taken into account when using cross-sectional data...
Persistent link: https://www.econbiz.de/10008802657
This study presents a procedure to estimate expenditure and price elasticities of food commodities from cross-sectional data. There are two problems with the use of cross-sectional data: First, priceinformation is not sufficient in these data. To derive “adjusted prices†from...
Persistent link: https://www.econbiz.de/10008802781