The Organic Food Premium: A Canterbury Tale

Arbeitspapier

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.

Object Details

• Language: Englisch

References and Relationships

• Bibliographic citation: Series: School of Economics Discussion Papers ; No. 1411

Classification and Topics

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

Contributors, Places and Time

• Event: Geistige Schöpfung
• (who): Gschwandtner, Adelina
• Event: Veröffentlichung
• (who): University of Kent, School of Economics
• (where): Canterbury
• (when): 2014

Further information

• Handle: http://hdl.handle.net/10419/105713
• Last update: 10.03.2025, 11:42 AM CET