Differentiated coffees and their potential markets in Puerto Rico: An economic valuation approach
Submitted: 2019-06-07
|Accepted: 2020-07-01
|Published: 2020-12-22
Downloads
Keywords:
Coffee, willingness to pay, choice experiments, differentiated products
Supporting agencies:
USDA-NIFA
Omar Colón
José Ramos
Abstract:
References:
Álamo, C. (2012). Implications of product differentiation in food demand: The case of coffee in the United States. Disertación Doctoral. Texas: Texas Tech University.
Andorfer, V.A. & Liebe, U. (2012). "Research on fair trade consumption: A Review". Journal of Business Ethics, 106, 415-435. https://doi.org/10.1007/s10551-011-1008-5
Bateman, I.J., Carson, R.T., Day, B., Hanemann, W.M., Hanley, N., Hett, T., JonesLee, M., Loomes, G., Mourato, S., Ozdemiroglu, E., Pearce, D.W., Sugden, R. & Swanson, S. (2002). Economic valuation with stated preference techniques: A manual. Massachusetts: Edward Elgar. https://doi.org/10.4337/9781781009727
Boys, K.A., Willis, D.B. & Carpio, C.E. (2014). "Consumer willingness to pay for organic and locally grown produce on Dominica: Insights into the potential for an "Organic Island"". Environment, Development and Sustainability, 16(3), 595-617. https://doi.org/10.1007/s10668-013-9496-3
Carlsson, F., Frykblom, P. & Lagerkvist, C.J. 2005. "Using cheap talk as a test of validity in choice experiments". Economics Letters, 89(2), 147-152. https://doi.org/10.1016/j.econlet.2005.03.010
Costa-Font, M., Gil, J.M. & Traill, W.B. (2008). "Consumer acceptance, valuation of and attitudes towards genetically modified food: Review and implications for food policy". Food Policy, 33(2), 99-111. https://doi.org/10.1016/j.foodpol.2007.07.002
Cummings, R.G. & Taylor, L.O. (1999). "Unbiased value estimates for environmental goods: A cheap talk design for the contingent valuation method". The American Economic Review, 89(3), 649-665. https://doi.org/10.1257/aer.89.3.649
Darby, K., Batte, M.T., Ernst, S. & Roe, B. (2008). "Decomposing local: A conjoint analysis of locally produced foods". American Journal of Agricultural Economics, 90(2), 476-486. https://doi.org/10.1111/j.1467-8276.2007.01111.x
DeShazo, J.R. & Fermo, G. (2002). "Designing choice sets for stated preference methods: The effects of complexity on choice consistency". Journal of Environmental Economics and Management, 44(1), 123-143. https://doi.org/10.1006/jeem.2001.1199
Dickinson, D.L. & Bailey, D. (2002). "Meat traceability: Are US consumers willing to pay for it?" Journal of Agricultural and Resource Economics, 27(2), 348-364.
Didier, T. & Lucie, S. (2008). "Measuring consumer's willingness to pay for organic and fair trade products". International Journal of Consumer Studies, 32(5), 479- 490. https://doi.org/10.1111/j.1470-6431.2008.00714.x
FEMA. (2018). 2017 hurricane season FEMA after-action report. U.S. Department of Homeland Security.
Gil, J.M., Gracia, A. & Sánchez, M. (2000). "Market segmentation and willingness to pay for organic products in Spain". International Food and Agribusiness Management Review, 3(2), 207-223. https://doi.org/10.1016/S1096-7508(01)00040-4
Hausman, J., & McFadden, D. (1984). "Specification tests for the multinomial logit model". Econometrica, 52(5), 1219-1240. https://doi.org/10.2307/1910997
Holmes, T.P., Adamowicz, WL. & Carlsson, F. (2017). "Choice experiments". En Champ. P.A., Boyle, K.J. & Brwon, T.C. (Eds.). A primer on nonmarket valuation (pp. 133-186). Springer Netherlands. https://doi.org/10.1007/978-94-007-7104-8_5
Hoyos, D. (2010). "The state of the art of environmental valuation with discrete choice experiments". Ecological Economics, 69(8), 1595-1603.
https://doi.org/10.1016/j.ecolecon.2010.04.011
James, J.S., Rickard, B.J. & Rossman, W.J. (2009). "Product differentiation and market segmentation in applesauce: Using a choice experiment to assess the value of organic, local, and nutrition attributes". Agricultural and Resource Economics Review, 38(3), 357-370.
https://doi.org/10.1017/S1068280500009618
Janssen, M. & Hamm, U. (2012). "Product labelling in the market for organic food: Consumer preferences and willingness-to-pay for different organic certification logos". Food Quality and Preference, 25(1), 9-22. https://doi.org/10.1016/j.foodqual.2011.12.004
Jensen, K.L., Jakus, P.M., English, B.C. & Menard, J. (2004). "Consumers' willingness to pay for eco-certified wood products". Journal of Agricultural and Applied Economics, 36(3), 617-626. https://doi.org/10.1017/S1074070800026900
Johnston, R.J., Boyle, K.J., Adamowicz, W., Bennett, J., Brouwer, R., Cameron, T.A., Hamenann, W.M., Hanley, N., Ryan, M., Scarpa, R., Tourangeau, R. & Vossler, Ch.A. (2017). "Contemporary guidance for stated preference studies". Journal of the Association of Environmental and Resource Economists, 4(2), 319-405. https://doi.org/10.1086/691697
Katz, M., Campbell, B. & Liu, Y. (2019). "Local and organic preference: Logo versus text". Journal of Agricultural and Applied Economics, 51(2), 328-347. https://doi.org/10.1017/aae.2019.4
Krinsky, I. & Robb, A.L. (1986). "On approximating the statistical properties of elasticities". The Review of Economics and Statistics, 68(4), 715-719.
https://doi.org/10.2307/1924536
Krinsky, I. & Robb, A.L. (1990). "On approximating the statistical properties of elasticities: A correction". The Review of Economics and Statistics, 72(1), 189- 190. https://doi.org/10.2307/2109761
Lancaster, K. (1966). "A new approach to consumer theory". Journal of Political Economy, 74(2), 132-157. https://doi.org/10.1086/259131
Laroche, M., Bergeron, J. & Barbaro-Forleo, G. (2001). "Targeting consumers who are willing to pay more for environmentally friendly products". Journal of Consumer Marketing, 18(6), 503-520. https://doi.org/10.1108/EUM0000000006155
Loureiro, M.L. & Hine, S. (2002). "Discovering niche markets: A comparison of consumers' willingness to pay for local (Colorado Grown), organic, and GMO- free products". Journal of Agricultural and Applied Economics, 34(3), 477-487. https://doi.org/10.1017/S1074070800009251
Loureiro, M.L. & Lotade, J. (2005). "Do fair trade and eco-labels in coffee wake up the consumer conscience?" Ecological Economics, 53(1), 129-138.
https://doi.org/10.1016/j.ecolecon.2004.11.002
Loureiro, M.L. & Umberger, W.J. (2007). " A choice experiment model for beef: What US consumer responses tell us about relative preferences for food safety, country-of-origin labeling and traceability". Food Policy, 32(4), 496-514. https://doi.org/10.1016/j.foodpol.2006.11.006
Loureiro, M.L., McCluskey, J.J. & Mittelhammer, R.C. (2002). "Will consumers pay a premium for ecoâ€labeled apples?" Journal of Consumer Affairs, 36, 203-219. https://doi.org/10.1111/j.1745-6606.2002.tb00430.x
Louviere, J., Hensher, D. & Swait, J. (2000). Stated choice methods. Analysis and application. Cambridge: Cambridge University Press. https://doi.org/10.1017/CBO9780511753831
Lusk, J.L., Roosen, J. & Fox, J.A. (2003). "Demand for beef from cattle administered growth hormones or fed genetically modified corn: A comparison of consumers in France, Germany, the United Kingdom, and the United States". American Journal of Agricultural Economics, 85(1), 16-29. https://doi.org/10.1111/1467-8276.00100
McCluskey, J.J. & Loureiro, M.L. (2003). " Consumer preferences and willingness to pay for food labeling: A discussion of empirical studies". Journal of Food Distribution Research, 34(3), 95-102. https://dx.doi.org/10.22004/ag.econ.27051.
McFadden, D. (1974). "Conditional logit analysis of qualitative choice behavior". En Zarembka, P. (Ed.). Frontiers in Econometrics (pp. 105-142). New York: Academic Press.
Narine, L.K. (2013). Consumers' willingness to pay and the market potential for tomatoes produced under differentiated production systems. Tesis de Master. University of the West Indies.
Revelt, D. & Train, K. (2000). Customer-specific taste parameters and mixed logit: Households' choice of electricity supplier. Working Paper. Berkeley: University of California.
Rodríguez-Entrena, M., Salazar-Ordóñez, M. & Sayadi, S. (2013). "Applying partial least squares to model genetically modified food purchase intentions in southern Spain consumers". Food Policy, 40, 44-53. https://doi.org/10.1016/j.foodpol.2013.02.001
Salazar-Ordóñez, M., Cordón-Pedregosa, R. & Rodríguez-Entrena, M. (2018). "A consumer behaviour approach to analyse handmade and locally made agrifood products in Western Honduras". Economía Agraria y Recursos Naturales, 18(2), 05-27. https://doi.org/10.7201/earn.2018.02.01
Train, K.E. (2009). Discrete choice methods with simulation. Cambridge: Cambridge University Press.
U.S. Census Bureau (2018). QuickFacts. United States Census Bureau. Obtenido de: https://www.census.gov/quickfacts/PR.
Verbeke, W. & Ward, R.W. (2003). "Importance of EU label requirements: An application of ordered probit models to Belgium beef labels". Comunicación presentada al American Agricultural Economics Association Annual Meetings. Montreal, Canada.
Wann, J., Kao, C. & Yang, Y. (2018). "Consumer preferences of locally grown specialty crop: The case of Taiwan coffee". Sustainability, 10(7), 2396. https://doi.org/10.3390/su10072396
Zhang, C., Bai, J. & Wahl, T.I. (2012). "Consumers' willingness to pay for traceable pork, milk, and cooking oil in Nanjing, China". Food Control, 27(1), 21-28. https://doi.org/10.1016/j.foodcont.2012.03.001