An increasing product differentiation coupled with an increasing availability of electronic data has boosted the number of hedonic price analyses applied to food and agricultural products. Most of these studies estimate the first stage of a complete two-stage model as proposed by ROSEN. However,...

This article analyzed the weight of land in the economic performance of the primary livestock production sector, using the policy analysis matrix (PAM). The financial cost of the assets immobilized with the land factor was considered through its opportunity cost (OC). The study considered four...

Choice experiments have become an important tool to provide guidance about the value of environmental goods and services. Several evidences, however, are pointing toward an important mismatch between the rationality principles assumed by this methodology and real respondents’ behaviour,...

Brewery industry in Chile has increased in the last period of time, as is evidenced by different factors, such as the total number of sales, number of imports and per capita beer consumption. Other sources indicate that the average price of beer has also risen, and this factor is one of the most...

Assessing the economic damages and their temporal dimension caused by oil spills is very important. In the present paper, we analyze the stigma effect caused in fish markets, in the North West coast of Spain (Galicia) after the Prestige oil spill. Specifically, we focus on pelagic fish species...

A choice experiment of consumers from five Mid-Atlantic states was conducted to compare marginal willingness to pay for fresh tomatoes with the attributes locally grown, state marketing program promoted, and organic from either a grocery store or farmers’ market. Data were analyzed using...

The recent concurrent surges of food and commodity prices renew the debate on the causal directions between producer and consumer prices. To address this issue, we utilize the stage of processing system incorporating retail stage beyond crude, intermediate, and finished processing stages of food...