This study aimed at estimating the implicit prices farmers are willing to pay (WTP) for maize traits with deliberate focus on drought tolerance. Using choice experiment, we generated 12600 observations from a random sample of 1400 households in communal areas within 14 districts of Zimbabwe....

We report results from an investigation into consumer preferences for locally produced foods. Using a choice experiment we estimate willingness to pay for foods of a designated origin together with certification for Organic and GM free status. Our results indicate that there is a preference for...

Food safety issues often arise from problems of asymmetric information between consumers and suppliers of food with regards to product-specific attributes or characteristics. Food safety concerns in China are having a drastic impact on consumer behavior, commodity markets, international trade...

This article surveys British consumers’ preference for domestic and imported beef identified by country of origin labels (COOLs). Like previous studies related to COOL, we found a strong preference for domestic beef. Furthermore, the factors influencing such preference were examined. Using...

This work was aimed at analysing the effects of the sudden food price explosion followed by pricecrash which occurred recently on the foreign trade of the food economy. Comparison of the balances of thedifferent countries was difficult due to the differences in the absolute dimensions; therefore...

Self management of natural resources has started to gain increasing attention as an alternative tool to command-and-control and market-based tools, but the fundamental question remains: is self management economically beneficial such that it should be promoted in the first place? This article...

This paper aims to provide a flexible methodological framework to estimate import demandmodels, which explicitly considers the stochastic properties of data and the endogenous/exogenousnature of some variables. The French imports of virgin olive oil have been used as a case study withSpain,...

A spatial price equilibrium (SPE) model of the world sugar market is programmed. The model coversmore than hundred regions and contains sugar in as a sole product. It has a detailed coverage ofpolicies and bilateral trade agreements. It is programmed as a mixed complementarity problem(MCP) in...

A simple but new theoretical approach is used to analyse ex-ante the impact of tariff reduction. Thismethodology is based on the assumption of a constant price relation between each direct substitutableproduct. No elasticities are needed, but accurate import and domestic prices of the most...

In this paper, the welfare results in trade liberalisation scenarios in global CGE models (like GTAP)are analysed. The default modeling strategy in trade is the Armington assumption with bilateral tradeflows in industries. The negative terms of trade effects that often dominate the negative...