Journal of the Agricultural and Applied Economics Association最新文献

This study investigates the role of starting prices in sequentially ascending (English) auctions. Applying binary logit and hedonic price models on a unique data set comprising 8217 auctioned lots of frozen saithe, an important species in Norwegian fisheries, we find support for three hypotheses; that low starting prices will lead to a higher share of successful auctions, a higher number of participating bidders, and higher final prices. These results indicate that starting prices in English auctions are important for both seller revenue and auction efficiency and are important with respect to strategic behavior in auction markets for food commodities.

Many rights-based systems in fisheries use individual fishing quotas (IFQs) that allocate shares of total allowable catch to individual fishers, vessels, or groups of fishers. We analyze the performance of IFQs in the Norwegian coastal groundfish fisheries that substantially limit transferability. We use data from two similar fishing groups that were treated with different management. Difference-in-differences results show that IFQs increase productivity and prices for some of the main groundfish species. Results suggest that expected productivity gains and price gains from first-best rights-based policies that create highly transferable IFQs can result from second-best policies that substantially limit transferability.

This study provides evidence that retail prices of US fresh produce (fruits and vegetables) and fresh meat products are similar across stores within the same chain even though unique characteristics of fresh produce products might lend to more localization in pricing. The results show the median price difference of fresh produce is 5% within-chain stores compared to 20% between-chain stores. Furthermore, the results show no significant differences in fresh produce prices between-chain stores that serve areas of differing food access nor significant differences in chain prices between Metropolitan Statistical Areas with implications to federal nutrition programs.

The Food and Drug Administration announced a rule update to the Nutrition Facts Panel (NFP) requiring the declaration of added sugars on the NFP starting in 2020. This study measures the impact of these changes by estimating the willingness to pay for added sugars in cranberry products under different nutrition-related information treatments. We found significant discounts for increases in added sugars that vary across information treatments and consumer subsamples. A positive information frame about the health benefits of cranberries was not found to consistently offset the impact of additional information on the recommended daily intake limits for added sugars.

This study analyzes NielsenIQ household scanner data, exploring the environmental motivation behind organic food consumption using single-use plastics spending as a proxy for environmental concern. To investigate the relationship between the two environmental behaviors, organic food and single-use plastic, the study utilizes the instrumental variable approach to account for the potential endogeneity in revealed preference data. Results show a significant negative association between single-use plastic and organic food purchases, underscoring environmental concern as one of the motives for choosing organic foods. The findings indicate that organic food marketing should emphasize environmental benefits to appeal to environmentally conscious consumers.

This study addresses the need to boost fruit and vegetable consumption amidst rising diet-related health concerns. Blueberries, rich in phenolic phytochemicals, offer significant health benefits. Using a basket-based choice experiment (BBCE), the study identifies sensory descriptors that enhance blueberry purchasing likelihood. Packaging with a “Stay Fresh” label reduces price sensitivity compared to others. Additionally, blueberries are commonly purchased alongside other berries rather than as substitutes. Demographic factors such as gender, age, education, employment, fitness, ethnicity, region, nutritional value perception, and budget influence blueberry selection. These insights can aid growers, retailers, and marketers in increasing fresh blueberry demand.

This study investigates how US consumers respond to and value a new technology-based carbon label on food products. Results indicate that individual valuation of the carbon-labeled bread is $4/20 oz, marginally lower than the valuation of the conventional and organic bread products. Moreover, individuals belonging to certain market segments, such as non-White, liberal, and well-educated consumers, and those having a high level of knowledge about the causes of climate change, exhibit a higher valuation for the novel carbon label.

This study employs a stochastic production frontier framework to measure productivity growth among exporters, non-exporters, and firms experiencing ownership changes through mergers and acquisitions in US food manufacturing. Analyzing a panel data set that integrates Economic Censuses and transaction-level exports, the results reveal the coexistence of more productive exporters, driven by technical efficiency, alongside less productive non-exporters. Exporters in arm's length transactions show productivity growth driven by technical efficiency change, while those in related party transactions benefit mainly from technological change. Firms undergoing ownership changes exhibit positive productivity growth with a greater contribution from technical efficiency compared to those without such changes.

Sin tax is essential to reduce the harm caused by products like cannabis. However, excessive taxation may facilitate illicit markets. We examine sin tax policies' impact on legal and illicit cannabis markets in the selected US states. Using a Constant Elasticity of Substitution utility framework, we assess scenarios like sin tax increase and anti-illicit cannabis policies. Our findings indicate high sin taxes may drive consumers to illicit markets, but anti-illicit market policies could control its extent. However, there is a trade-off between market size, tax revenue, consumers' utility, and illicit market control. Thus, optimizing sin tax policies is challenging, necessitating a second-best approach.