The purpose of this paper is to examine, using choice experiments, the Japanese consumers’ valuation of domestic Wagyu beef, domestic dairy beef, Australian beef, and US beef when considering their bovine spongiform encephalopathy (BSE) test status. Some Japanese consumers give high priority...

This paper analyzes the household level impact of an increase in price of major tradable staple foods in a cross section of developing countries, using nationally representative household surveys. We find that, in the short term, poorer households and households with limited asset endowments and...

A regime-switching vector error correction model is applied to monthly price data to assess the impact of BSE outbreaks on price relationships and patterns of transmission among farm and retail markets for bovine in Spain. To evaluate the degree to which price transmission is affected by BSE...

China has experienced frequently food safety scares due to pesticide residue issues in recent years. This excessive of illegal use is often tied to numerous small-scale farmers. As it is a great challenge for Chinese government to monitor production practices of small-scale farmers directly,...

Using a laboratory experiment, we investigate the validity of stated risks elicited via the Exchangeability Method (EM) using an evaluation method based on de Finetti’s notion of coherence, under which probability estimates are valid if and only if they obey all axioms of probability theory....

This paper investigates the effects of network based individual social capital on the access of rural households to services. In the context of development economics, an innovative data collection approach is used to determine network based social capital. The approach originates from the field...

The study investigates separately demand characteristics of consuming healthy food such as fresh fruit and vegetable (FV) based on the 2003/2004 Nigeria Living Standard Survey (NLSS) data. It uses the double-hurdle model that allows the analysis of both the decisions to consume and the demand...

Selected Paper presented at the 57th annual conference of the Australian Agricultural and Resource Economics Society, Sydney, February 5-8, 2013.