Starting from a representative welfare function, this paper developed a simple method to endogenously specify the weights for the Human Development Index (HDI), and finds that the current equal-weighted HDI significantly biases down the weight of life expectancy. The weights proposed by this...

Media reports could help shape consumer attitudes towards food quality and safety. By introducing an information treatment with positive or negative media coverage, we study the impact on consumer preference for pork products. The hypothesis is tested by a hypothetical choice experiment with 788...

While there is rich literature covering theoretical concepts of transaction costs very few empirical strategies have been provided to estimate them. The theoretical framework proposed in this paper is based on a unit value decomposition and dedines transaction costs as the difference between a...

In this paper we study the latent demand structure for food diversity in India using data from the 2012 Consumer Expenditure Survey. We assume that consumers who have not yet attained calorie sufficiency favor calories over food diversity and once passing a threshold of subsistence substitute...

Human behaviours are driven by two different types of motives: implicit and explicit motives. Psychologists have developed two main tools, namely time pressure and cognitive load, to disentangle the two motives. It implies that the values of willingness to pay (WTP) are sensitive to time...

This paper presents a meta-analysis of 5308 observations of total factor productivity growth (TFPG) in China from 150 primary studies to provide some insightful explanations to the controversies about productivity growth in China in the current literature. The main findings include that (1) The...

Using a unique survey data on agricultural traders in China in 2004, this study provides direct evidence on the significance of inter-regional trade barriers and their key components. Our major findings are as follows. (1) The trade barriers within China are fairly small, accounting for about 20...

Derived from unit value and the gravity model, this paper proposes a simple model to analyze the quality determinants of imported fruits in China, and finds that (1) both quantity and price are exogenous for quality, and quality decreases in quantity but increases in price; (2) the own-income...

This paper develops a two-step method to estimate the influence of non-deterministic factors in production on subsequent food prices, and finds that non-deterministic factors of wheat production do significantly affect both wheat and corn prices in the world and, however, those of corn do not.

By conducting a meta-analysis with 50 observations collected from 15 primary studies, we systematically analyze heterogeneities in consumer preferences for the Country-of-Origin (COO) of U.S. beef products. The main findings include that consumers in Asian countries (Korea and Japan) are willing...