Social network plays an essential role in the consumers' omni-channel purchasing behaviors (OPBs). In this context, this research delves into two questions. First, do consumers make the omni-channel purchase decision of infant milk powder via social network? Second, which social network do consumers prefer about the different buying channel? To solve these problems, employing the Berry–Levinson–Pakes and distance-metric models, we explore the impact of social network modes on the consumers' OPBs based on the home-scan consumption data. These analyses provide compelling evidence for the positive impact of social network on consumers' OPBs. In particular, recommendation from friends accounts for 90.57% of the contribution to the increase in the online consumers' utility, whereas the voice from relative explains about 50% of the contribution to the offline consumers' utility, which is positively associated with consumer income. The regression results also demonstrate that (i) consumer trust has a significant moderating role in the consumers' OPBs and (ii) consumer trust has a larger moderating role in the consumers' OPBs relative to single-channel purchasing behavior. We expect that this paper can contribute to the existing literature and provide marketers with important practical suggestions [EconLit Citations: Q11, Q13].
{"title":"Role of social network in fostering consumers' omni-channel purchasing behavior towards infant milk powder retailers","authors":"Qingjie Zhou, Mingyue Du, Jiangyuan Hou","doi":"10.1002/agr.21918","DOIUrl":"10.1002/agr.21918","url":null,"abstract":"<p>Social network plays an essential role in the consumers' omni-channel purchasing behaviors (OPBs). In this context, this research delves into two questions. First, do consumers make the omni-channel purchase decision of infant milk powder via social network? Second, which social network do consumers prefer about the different buying channel? To solve these problems, employing the Berry–Levinson–Pakes and distance-metric models, we explore the impact of social network modes on the consumers' OPBs based on the home-scan consumption data. These analyses provide compelling evidence for the positive impact of social network on consumers' OPBs. In particular, recommendation from friends accounts for 90.57% of the contribution to the increase in the online consumers' utility, whereas the voice from relative explains about 50% of the contribution to the offline consumers' utility, which is positively associated with consumer income. The regression results also demonstrate that (i) consumer trust has a significant moderating role in the consumers' OPBs and (ii) consumer trust has a larger moderating role in the consumers' OPBs relative to single-channel purchasing behavior. We expect that this paper can contribute to the existing literature and provide marketers with important practical suggestions [EconLit Citations: Q11, Q13].</p>","PeriodicalId":55544,"journal":{"name":"Agribusiness","volume":"41 3","pages":"672-693"},"PeriodicalIF":2.1,"publicationDate":"2024-02-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139760435","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Food reformulation can contribute to achieve public health objectives by facilitating access to healthy and sustainable food choices to consumers. Vitamin D is an important micronutrient that contributes to calcium absorption and bone health. Low vitamin D levels may lead to having a higher risk of poor bone and muscle for human health. In this manuscript we investigated, for the first time, United Kingdom consumer willingness to pay (WTP), and heterogeneity preferences for vitamin D fortification of eggs. We used a choice experiment (CE) involving several hypothetical egg products (i.e., pack of 10 eggs) that vary across three attributes levels such as production method (i.e., Cage, Barn, Free-range, and Organic), vitamin (i.e., no information or by reporting on the pack the claim “Vitamin D added”), and price (i.e., £0.80/pack, £1.90/pack, £3.00/pack, and £4.10/pack). Results suggest that, although on average consumers prefer low-price eggs produced using the free-range production method and the information about vitamin D fortification does not affect their valuation, there is a significant preference heterogeneity in consumer preferences associated with animal welfare, environment, health, and price attributes. Particularly, there is a significant preference heterogeneity towards the purchasing of eggs produced using the barn production method. Furthermore, we found that consumer preferences for vitamin D fortification of eggs is affected by consumer's age and the price of eggs. These findings provide useful insights into the psychology of consumer acceptance and attitudes that can be used in communicating the nature of the fortified vitamin D eggs to the public. They also have important implications for future labeling policies and marketing strategies of egg industry.
食品重新配方可以促进消费者获得健康和可持续的食品选择,从而有助于实现公共卫生目标。维生素 D 是一种重要的微量营养素,有助于钙的吸收和骨骼健康。维生素 D 水平过低可能会导致骨骼和肌肉受损的风险增加,从而影响人体健康。在本手稿中,我们首次调查了英国消费者的支付意愿(WTP)以及对鸡蛋维生素 D 强化的异质性偏好。我们使用了一个选择实验(CE),涉及几种假定的鸡蛋产品(即每包 10 枚鸡蛋),这些产品在生产方式(即笼养、谷仓养殖、散养和有机)、维生素(即无信息或在包装上标注 "添加维生素 D")和价格(即 0.80 英镑/包、1.90 英镑/包、3.00 英镑/包和 4.10 英镑/包)等三个属性水平上各不相同。结果表明,尽管消费者平均偏好采用散养生产方式生产的低价鸡蛋,且维生素 D 强化信息并不影响他们对鸡蛋的评价,但消费者对动物福利、环境、健康和价格属性的偏好存在显著的异质性。特别是,消费者在购买采用谷仓生产方式生产的鸡蛋时存在明显的偏好异质性。此外,我们还发现,消费者对鸡蛋维生素 D 强化的偏好受消费者年龄和鸡蛋价格的影响。这些发现对消费者的接受心理和态度提供了有益的启示,可用于向公众宣传强化维生素 D 的鸡蛋的性质。这些发现对鸡蛋行业未来的标签政策和营销策略也有重要影响。
{"title":"Heterogeneous preferences and consumer willingness to pay for vitamin D fortification of eggs","authors":"Francisco J. Areal, Daniele Asioli","doi":"10.1002/agr.21919","DOIUrl":"10.1002/agr.21919","url":null,"abstract":"<p>Food reformulation can contribute to achieve public health objectives by facilitating access to healthy and sustainable food choices to consumers. Vitamin D is an important micronutrient that contributes to calcium absorption and bone health. Low vitamin D levels may lead to having a higher risk of poor bone and muscle for human health. In this manuscript we investigated, for the first time, United Kingdom consumer willingness to pay (WTP), and heterogeneity preferences for vitamin D fortification of eggs. We used a choice experiment (CE) involving several hypothetical egg products (i.e., pack of 10 eggs) that vary across three attributes levels such as production method (i.e., Cage, Barn, Free-range, and Organic), vitamin (i.e., no information or by reporting on the pack the claim “Vitamin D added”), and price (i.e., £0.80/pack, £1.90/pack, £3.00/pack, and £4.10/pack). Results suggest that, although on average consumers prefer low-price eggs produced using the free-range production method and the information about vitamin D fortification does not affect their valuation, there is a significant preference heterogeneity in consumer preferences associated with animal welfare, environment, health, and price attributes. Particularly, there is a significant preference heterogeneity towards the purchasing of eggs produced using the barn production method. Furthermore, we found that consumer preferences for vitamin D fortification of eggs is affected by consumer's age and the price of eggs. These findings provide useful insights into the psychology of consumer acceptance and attitudes that can be used in communicating the nature of the fortified vitamin D eggs to the public. They also have important implications for future labeling policies and marketing strategies of egg industry.</p>","PeriodicalId":55544,"journal":{"name":"Agribusiness","volume":"40 3","pages":"661-679"},"PeriodicalIF":2.1,"publicationDate":"2024-02-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/agr.21919","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139760448","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
André D. Murray, Rosa K. Gallardo, Anuradha Prakash
This study centers on analyzing Mexican consumers' willingness to pay (WTP) for imported US fresh apples subjected to irradiation, contrasting it with the more prevalent postharvest chemical treatments. We collect data using a survey tool in Qualtrics designed to explore the impact of information dissemination through two distinct narrative styles: scientific and layman. The study uses a between-subjects approach and apply the propensity score matching to address potential confounding factors across respondents' samples. We apply the generalized multinomial logit models in WTP space, taking into consideration respondent's certainty when answering to the choice experiment questions. Our findings reveal that respondents are willing to pay less for apples treated with irradiation compared to untreated ones but more than apples treated with chemicals. The WTP for irradiation increases when respondents receive information about this technology from both the scientific and layperson narrative styles. Similar to findings in previous studies, WTP for irradiated food is affected by gender, age, income, family size, and level of education. This study contributes to the literature by identifying the key factors that strongly influence consumers' decisions to opt for irradiation-treated fresh fruits. These influential factors encompass information provision, social and demographic aspects, as well as the presence of country-of-origin labels. EconLit citations: C250, D820, Q160, Q180.
{"title":"Mexican consumers' attitudes toward irradiated and imported apples","authors":"André D. Murray, Rosa K. Gallardo, Anuradha Prakash","doi":"10.1002/agr.21922","DOIUrl":"10.1002/agr.21922","url":null,"abstract":"<p>This study centers on analyzing Mexican consumers' willingness to pay (WTP) for imported US fresh apples subjected to irradiation, contrasting it with the more prevalent postharvest chemical treatments. We collect data using a survey tool in Qualtrics designed to explore the impact of information dissemination through two distinct narrative styles: scientific and layman. The study uses a between-subjects approach and apply the propensity score matching to address potential confounding factors across respondents' samples. We apply the generalized multinomial logit models in WTP space, taking into consideration respondent's certainty when answering to the choice experiment questions. Our findings reveal that respondents are willing to pay less for apples treated with irradiation compared to untreated ones but more than apples treated with chemicals. The WTP for irradiation increases when respondents receive information about this technology from both the scientific and layperson narrative styles. Similar to findings in previous studies, WTP for irradiated food is affected by gender, age, income, family size, and level of education. This study contributes to the literature by identifying the key factors that strongly influence consumers' decisions to opt for irradiation-treated fresh fruits. These influential factors encompass information provision, social and demographic aspects, as well as the presence of country-of-origin labels. EconLit citations: C250, D820, Q160, Q180.</p>","PeriodicalId":55544,"journal":{"name":"Agribusiness","volume":"41 3","pages":"694-718"},"PeriodicalIF":2.1,"publicationDate":"2024-02-08","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/agr.21922","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139852376","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
We provide an introduction to the Special Issue on the Economics of Food Reformulation.
我们为 "食品改良经济学特刊 "作了介绍。
{"title":"Introduction to Agribusiness special issue: Economics of food reformulation","authors":"Christian Rojas, Edward Jaenicke","doi":"10.1002/agr.21912","DOIUrl":"10.1002/agr.21912","url":null,"abstract":"<p>We provide an introduction to the Special Issue on the Economics of Food Reformulation.</p>","PeriodicalId":55544,"journal":{"name":"Agribusiness","volume":"40 3","pages":"537-549"},"PeriodicalIF":2.1,"publicationDate":"2024-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139760470","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Reductions in sugar intake are at the center of policy discussions to improve health. In this article, we use barcode-level nutrition and sales data on the near-universe of all packaged food products in the United States over 2007–2015 to investigate whether food manufacturers have reduced added sugar in their product offerings and whether these reformulations have played a role on consumers' sugar intake. We find that reformulation efforts would have reduced sugar intake by 52.8% between 2007 and 2015 had households' shopping baskets in 2015 remained the same as in 2007. However, consumers' purchases have gravitated toward more sugary products over time, thereby negating more than twothirds of the reduction in sugar intake that reformulation could have brought about. As a result, sugar intake has only decreased by 15.6%. Evidence shows that the largest reformulation effects come from product groups that have received the greatest scrutiny. Sweetened beverages, desserts, and sweets together represent 89% of pure reformulation, where sweetened beverages alone represent 43%. We also analyze the change in added sugar intake across income and find larger reductions in higher-income households; this finding suggests that existing disparities in diet quality have become more pronounced over time [EconLit Citations: D22, I12, I18, L66].
{"title":"Are food manufacturers reducing sugar content? Evidence from scanner data","authors":"Ezgi Cengiz, Christian Rojas","doi":"10.1002/agr.21920","DOIUrl":"10.1002/agr.21920","url":null,"abstract":"<p>Reductions in sugar intake are at the center of policy discussions to improve health. In this article, we use barcode-level nutrition and sales data on the near-universe of all packaged food products in the United States over 2007–2015 to investigate whether food manufacturers have reduced added sugar in their product offerings and whether these reformulations have played a role on consumers' sugar intake. We find that reformulation efforts would have reduced sugar intake by 52.8% between 2007 and 2015 had households' shopping baskets in 2015 remained the same as in 2007. However, consumers' purchases have gravitated toward more sugary products over time, thereby negating more than twothirds of the reduction in sugar intake that reformulation could have brought about. As a result, sugar intake has only decreased by 15.6%. Evidence shows that the largest reformulation effects come from product groups that have received the greatest scrutiny. Sweetened beverages, desserts, and sweets together represent 89% of pure reformulation, where sweetened beverages alone represent 43%. We also analyze the change in added sugar intake across income and find larger reductions in higher-income households; this finding suggests that existing disparities in diet quality have become more pronounced over time [EconLit Citations: D22, I12, I18, L66].</p>","PeriodicalId":55544,"journal":{"name":"Agribusiness","volume":"40 3","pages":"571-595"},"PeriodicalIF":2.1,"publicationDate":"2024-02-07","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139760440","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Qiujie Zheng, Christopher V. Davis, Anne Langston Noll, Raymond Bernier, Randy Labbe
Food reformulation and the introduction of novel sources of nutrition are considered potential strategies to address poor nutrition and public health issues. Seaweed, a novel food in Western cuisine, is gaining popularity, and seaweed farming in the United States is an emerging and fast-growing aquaculture segment. This paper provides a comprehensive understanding of US consumers' preferences and attitudes toward seaweed and value-added seaweed products. Specifically, the study focuses on two distinct consumer groups: those who consume seaweed and those who do not. It includes separate analyses for each group to compare their attitudes and examine the characteristics and factors affecting their attitudes. This paper summarizes the different characteristics of seaweed consumers and nonconsumers. The results show that the seaweed consumers' knowledge of seaweed and perceptions of seaweed quality, price, and availability positively affect their intentions to try a new product flavored with seaweed. Nonconsumers have unique reasons for not consuming seaweed, several of which are associated with their intentions to try a new seaweed product [EconLit Citations: D12, Q13].
{"title":"US consumer preferences and attitudes toward seaweed and value-added products","authors":"Qiujie Zheng, Christopher V. Davis, Anne Langston Noll, Raymond Bernier, Randy Labbe","doi":"10.1002/agr.21915","DOIUrl":"10.1002/agr.21915","url":null,"abstract":"<p>Food reformulation and the introduction of novel sources of nutrition are considered potential strategies to address poor nutrition and public health issues. Seaweed, a novel food in Western cuisine, is gaining popularity, and seaweed farming in the United States is an emerging and fast-growing aquaculture segment. This paper provides a comprehensive understanding of US consumers' preferences and attitudes toward seaweed and value-added seaweed products. Specifically, the study focuses on two distinct consumer groups: those who consume seaweed and those who do not. It includes separate analyses for each group to compare their attitudes and examine the characteristics and factors affecting their attitudes. This paper summarizes the different characteristics of seaweed consumers and nonconsumers. The results show that the seaweed consumers' knowledge of seaweed and perceptions of seaweed quality, price, and availability positively affect their intentions to try a new product flavored with seaweed. Nonconsumers have unique reasons for not consuming seaweed, several of which are associated with their intentions to try a new seaweed product [EconLit Citations: D12, Q13].</p>","PeriodicalId":55544,"journal":{"name":"Agribusiness","volume":"40 3","pages":"699-724"},"PeriodicalIF":2.1,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/agr.21915","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139760312","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Christina M. Neubig, Matthias Staudigel, Jutta Roosen
This study investigates the implicit and explicit health–taste tradeoffs that consumers make in response to sugar-reduction claims on chocolate cereals. We collect implicit measures through an Implicit Association Test, explicit perceptions of health and taste properties, and statements regarding product liking and purchase intention through a questionnaire. Based on a path analysis, we assess the relative strength of the indirect effects of sugar-reduction claims mediated by health and taste perceptions, as well as the direct effects on purchase intention. The results indicate that sugar-reduction claims decrease taste perceptions, increase health perceptions, and have only minor negative effects on product liking, but increase purchase intentions. Most participants show an implicit “unhealthy = tasty” intuition, which can be offset by moderate to high health consciousness. The implications for marketing and policymakers are twofold. First, our study shows that sugar-reduction claims are effective in addressing the original target group of health-conscious consumers. Second, our results suggest that the health–taste tradeoff is not prohibitively detrimental to purchase intentions among less health-conscious consumers. Potential instruments to increase the market share in this segment are discussed [EconLit Citations: I18, D12, D83].
本研究调查了消费者针对巧克力麦片上的降糖声明所做出的内隐和外显的健康-口味权衡。我们通过 "内隐关联测试"(Implicit Association Test)收集内隐测量指标,通过问卷调查收集消费者对健康和口味特性的外显感知,以及有关产品喜好和购买意向的陈述。通过路径分析,我们评估了减糖声明对健康和口味认知的间接影响以及对购买意向的直接影响的相对强度。结果表明,减糖声明会降低口味感知,增加健康感知,对产品喜好只有轻微的负面影响,但会增加购买意向。大多数参与者表现出一种隐性的 "不健康=美味 "直觉,这种直觉会被中度到高度的健康意识所抵消。这项研究对市场营销和政策制定者具有双重意义。首先,我们的研究表明,减糖声明能有效地针对具有健康意识的原始目标消费者群体。其次,我们的研究结果表明,对于健康意识不强的消费者来说,健康与口味之间的权衡并不会严重影响他们的购买意向。本文讨论了提高这一细分市场份额的潜在手段[经济学引文:I18, D12, D83]。
{"title":"Can health trump taste? Implicit and explicit attitudes toward sugar-reduction claims and their differentiated impact on purchase intention for cereals","authors":"Christina M. Neubig, Matthias Staudigel, Jutta Roosen","doi":"10.1002/agr.21913","DOIUrl":"10.1002/agr.21913","url":null,"abstract":"<p>This study investigates the implicit and explicit health–taste tradeoffs that consumers make in response to sugar-reduction claims on chocolate cereals. We collect implicit measures through an Implicit Association Test, explicit perceptions of health and taste properties, and statements regarding product liking and purchase intention through a questionnaire. Based on a path analysis, we assess the relative strength of the indirect effects of sugar-reduction claims mediated by health and taste perceptions, as well as the direct effects on purchase intention. The results indicate that sugar-reduction claims decrease taste perceptions, increase health perceptions, and have only minor negative effects on product liking, but increase purchase intentions. Most participants show an implicit “unhealthy = tasty” intuition, which can be offset by moderate to high health consciousness. The implications for marketing and policymakers are twofold. First, our study shows that sugar-reduction claims are effective in addressing the original target group of health-conscious consumers. Second, our results suggest that the health–taste tradeoff is not prohibitively detrimental to purchase intentions among less health-conscious consumers. Potential instruments to increase the market share in this segment are discussed [EconLit Citations: I18, D12, D83].</p>","PeriodicalId":55544,"journal":{"name":"Agribusiness","volume":"40 3","pages":"614-640"},"PeriodicalIF":2.1,"publicationDate":"2024-02-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1002/agr.21913","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139772654","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study provides evidence-based information on the impact of the pandemic lockdown and other COVID-19-related policies on Indian rural households' decisions on-farm investments and operations (planting and borrowing decisions). The study uses the World Bank's (2021) high-frequency rural household-level survey across six states of India for the 2020 Kharif crop season. Our analyses also show that farm households exhibit differences in their perception of the pandemic's impact on their farming operations. In terms of input cost, farm households exhibited heterogeneous reactions to input costs like fertilizer during the early part of the pandemic. Our results also show that government incentives in the form of cash transfers do not significantly impact households' farm operations decisions (including loan acquisitions). [EconLit Citations: C36, D19, Q12, R20].
{"title":"Acreage and farm investments decisions amidst uncertainty: A case study of rural India","authors":"Kayode Ajewole, Ashok K. Mishra, Alexis Villacis","doi":"10.1002/agr.21903","DOIUrl":"10.1002/agr.21903","url":null,"abstract":"<p>This study provides evidence-based information on the impact of the pandemic lockdown and other COVID-19-related policies on Indian rural households' decisions on-farm investments and operations (planting and borrowing decisions). The study uses the World Bank's (2021) high-frequency rural household-level survey across six states of India for the 2020 Kharif crop season. Our analyses also show that farm households exhibit differences in their perception of the pandemic's impact on their farming operations. In terms of input cost, farm households exhibited heterogeneous reactions to input costs like fertilizer during the early part of the pandemic. Our results also show that government incentives in the form of cash transfers do not significantly impact households' farm operations decisions (including loan acquisitions). [EconLit Citations: C36, D19, Q12, R20].</p>","PeriodicalId":55544,"journal":{"name":"Agribusiness","volume":"41 2","pages":"544-569"},"PeriodicalIF":2.1,"publicationDate":"2024-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139688990","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Eric Ofori, Elizabeth A. Yeager, Brian C. Briggeman
This study uses an ex ante data envelopment analysis approach to examine potential gains that US agricultural cooperatives may accrue from mergers. Empirical estimations utilize data from CoBank, a lender to cooperatives, consisting of 749 midwestern agricultural cooperative observations from 2011 to 2015. Potential overall merger effects are decomposed into learning effects, scope effects, and scale effects. Findings show that less other unique merger costs such as legal fees, there are significant overall potential gains in profits from mergers. Relatively smaller merged cooperatives will accrue more gains in profits compared with their larger counterparts [EconLit Citations: Q13, D20, G34].
{"title":"Estimating potential gains from agricultural cooperative mergers","authors":"Eric Ofori, Elizabeth A. Yeager, Brian C. Briggeman","doi":"10.1002/agr.21907","DOIUrl":"10.1002/agr.21907","url":null,"abstract":"<p>This study uses an ex ante data envelopment analysis approach to examine potential gains that US agricultural cooperatives may accrue from mergers. Empirical estimations utilize data from CoBank, a lender to cooperatives, consisting of 749 midwestern agricultural cooperative observations from 2011 to 2015. Potential overall merger effects are decomposed into learning effects, scope effects, and scale effects. Findings show that less other unique merger costs such as legal fees, there are significant overall potential gains in profits from mergers. Relatively smaller merged cooperatives will accrue more gains in profits compared with their larger counterparts [EconLit Citations: Q13, D20, G34].</p>","PeriodicalId":55544,"journal":{"name":"Agribusiness","volume":"41 2","pages":"505-520"},"PeriodicalIF":2.1,"publicationDate":"2024-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139772530","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Bhishma R. Dahal, Karen L. DeLong, Shijun Gao, Carola Grebitus, Andrew Muhammad
China is an emerging beef market and per capita consumption of beef increased by 48% in the past decade. Given the importance of the Chinese beef market to domestic beef producers as well as foreign beef exporters, we evaluated the factors associated with how often Chinese consumers purchase beef. Using a 2021 survey of 560 beef consumers in the cities of Beijing, Shanghai, and Guangzhou, we found that nearly 50% purchased beef at least two to three times a week. Results of an ordered probit regression suggest that respondents who purchase steak, flank, shank, and brisket are more likely to purchase beef more frequently than those who do not purchase those cuts of beef. Similarly, those who purchase beef more from wet markets and supermarkets, younger shoppers, and those with higher incomes were more likely to purchase beef more frequently. Respondents who considered country of origin and hormone-free production to be important factors purchased beef more frequently. Consumers who thought price and premium quality grades were more important purchased beef less frequently. These findings provide insights for domestic and foreign beef producers regarding the factors associated with consumer preferences and their frequency of beef purchasing in China. [EconLit Citations: EconLit Citation: Q130, Q170].
{"title":"Factors affecting Chinese consumers' beef purchase frequency","authors":"Bhishma R. Dahal, Karen L. DeLong, Shijun Gao, Carola Grebitus, Andrew Muhammad","doi":"10.1002/agr.21906","DOIUrl":"10.1002/agr.21906","url":null,"abstract":"<p>China is an emerging beef market and per capita consumption of beef increased by 48% in the past decade. Given the importance of the Chinese beef market to domestic beef producers as well as foreign beef exporters, we evaluated the factors associated with how often Chinese consumers purchase beef. Using a 2021 survey of 560 beef consumers in the cities of Beijing, Shanghai, and Guangzhou, we found that nearly 50% purchased beef at least two to three times a week. Results of an ordered probit regression suggest that respondents who purchase steak, flank, shank, and brisket are more likely to purchase beef more frequently than those who do not purchase those cuts of beef. Similarly, those who purchase beef more from wet markets and supermarkets, younger shoppers, and those with higher incomes were more likely to purchase beef more frequently. Respondents who considered country of origin and hormone-free production to be important factors purchased beef more frequently. Consumers who thought price and premium quality grades were more important purchased beef less frequently. These findings provide insights for domestic and foreign beef producers regarding the factors associated with consumer preferences and their frequency of beef purchasing in China. [EconLit Citations: EconLit Citation: Q130, Q170].</p>","PeriodicalId":55544,"journal":{"name":"Agribusiness","volume":"41 2","pages":"521-543"},"PeriodicalIF":2.1,"publicationDate":"2024-02-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"139688946","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}