Showing 1 - 10 of 303
Policy analysis frequently requires estimates of aggregate (or mean) consumer elasticities. However, estimates are often made incorrectly, based on elasticity calculations at mean income. We provide in this paper an overall integrated analytical framework that encompasses these biases and...
Persistent link: https://www.econbiz.de/10010498377
Persistent link: https://www.econbiz.de/10009007833
We present a model of a multi-species fishery and show that (i) consumer preferences for seafood diversity may trigger a sequential collapse of fish stocks under open-access fishery, (ii) the stronger the preferences are for diversity the higher is the need for coordinated multi-species...
Persistent link: https://www.econbiz.de/10009502928
The literature on trade in renewable resources implicitly assumes that the traded resources are perfect substitutes. We model trade in renewable resources as stipulated not only by autarky price differences, but also by consumers' love of variety. We show that the love-of-variety effect enables...
Persistent link: https://www.econbiz.de/10010357610
The increasing rates of per capita consumption of fish around the world should be a matter of concern for those interested in the threats to fishing stocks, aquatic biodiversity and human health. Fish consumption has positive health benefits but also brings higher risks of intake of heavy metals...
Persistent link: https://www.econbiz.de/10012981188
Three restaurant taste panels and an online consumer survey were conducted during 2012-2013 to assess whether Gulf consumers would be willing to pay a premium for place-name specific (i.e., “branded”) Gulf oysters over typical “generic” Gulf oysters, and whether consumers in other U.S....
Persistent link: https://www.econbiz.de/10014140492
couponed products are featured in store flyers. Discount levels are positively related to brand market share and the size of …
Persistent link: https://www.econbiz.de/10012723426
This paper analyses Turkish household food consumption, using data from the 2003 Turkish Household Expenditure Survey. A complete demand system is estimated taking into account demographic differences and zero consumption. The highest expenditure elasticity is found for the meat and meat...
Persistent link: https://www.econbiz.de/10012759130
This paper investigates volatiltiy spillover effects, i.e. 'meteor showers' and 'heat waves', across consumer meat prices for lamb, beef, pork, and poltry. The empirical analysis used the methodology of the Generalized Autoregressive Conditional Heteroskedastic (GARCH) approach. The empirical...
Persistent link: https://www.econbiz.de/10012771566
costs, and thereby decreased spatial price dispersion and improved market efficiency. Estimations are based on data of … transport costs of maize grain and maize market prices. The mobile phone rollout explains a 10%-13% reduction in maize price … component of total transport costs. Benefits of increased market efficiency are biased towards consumer markets. Results are …
Persistent link: https://www.econbiz.de/10012866754