Arbeitspapier

The Organic Food Premium: A Canterbury Tale

The present paper attempts to bring further evidence on the behavioural gap for organic food in Britain. The stated preferences are analysed by contingent valuation, while the revealed preferences are estimated by hedonic pricing. A small but significant gap in the premium for organic food between stated and revealed preferences has been found. This gap may suggest a need for price premium intervention. The estimated price elasticity for organic products is on average above one in absolute value suggesting that a pricing policy could be very effective.

Sprache
Englisch

Erschienen in
Series: School of Economics Discussion Papers ; No. 1411

Klassifikation
Wirtschaft
Taxation and Subsidies: Other
Agricultural Policy; Food Policy
Renewable Resources and Conservation: Demand and Supply; Prices
Thema
Contingent Valuation
Hedonic Pricing Method
Convergent Validity
Behavioral Gap
Organic Food
Price Premium

Ereignis
Geistige Schöpfung
(wer)
Gschwandtner, Adelina
Ereignis
Veröffentlichung
(wer)
University of Kent, School of Economics
(wo)
Canterbury
(wann)
2014

Handle
Letzte Aktualisierung
10.03.2025, 11:42 MEZ

Datenpartner

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Objekttyp

  • Arbeitspapier

Beteiligte

  • Gschwandtner, Adelina
  • University of Kent, School of Economics

Entstanden

  • 2014

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