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Hedonic Analysis of Sustainable Food Products

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  • Satimanon, Thasanee
  • Weatherspoon, Dave D.

Abstract

This study aims to determine price premiums of sustainable attributes for fresh eggs by using hedonic analysis. The sustainable attributes defined include welfare-managed egg production and recyclable packaging attributes. Welfare-managed eggs have a price premium equal to 3.57 cents per egg; while the sustainable packaging variable was not found to be significant. The strategies for egg manufactures and retailers include offering organic or welfare-managed eggs independently until consumers perceive these attributes as being different, and using sustainable packaging for each specific region of the U.S. since each state has different laws and opportunities to recycle paper, plastic and Styrofoam products.

Suggested Citation

  • Satimanon, Thasanee & Weatherspoon, Dave D., 2010. "Hedonic Analysis of Sustainable Food Products," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 13(4), pages 1-17.
    • Handle: RePEc:ags:ifaamr:96336
    DOI: 10.22004/ag.econ.96336
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    2. Julia Bronnmann & Frank Asche, 2016. "The Value of Product Attributes, Brands and Private Labels: An Analysis of Frozen Seafood in Germany," Journal of Agricultural Economics, Wiley Blackwell, vol. 67(1), pages 231-244, February.
    3. Luigi Roselli & Domenico Carlucci & Bernardo Corrado Gennaro, 2016. "What Is the Value of Extrinsic Olive Oil Cues in Emerging Markets? Empirical Evidence from the U.S. E‐Commerce Retail Market," Agribusiness, John Wiley & Sons, Ltd., vol. 32(3), pages 329-342, July.
    4. Li, Xianghong & Peterson, Hikaru Hanawa & Xia, Tian, 2012. "U.S. Consumer Demand for Differentiated Eggs," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124687, Agricultural and Applied Economics Association.
    5. Ye Ye & Baichen Jiang & Binyao Ning & Xinjean Lim & Lijia Hu, 2023. "Does Price Matter in Mainland China? Examine the Factors Influencing Broiler Chicken Purchase Intention," Sustainability, MDPI, vol. 15(4), pages 1-16, February.
    6. Vidyahwati Tenrisanna & Mohammad Mafizur Rahman & Rasheda Khanam, 2016. "Factors Affecting Consumers' Willingness to Pay for Imported Offal in Indonesia: A Case Study for Makassar City," International Journal of Business and Economics, School of Management Development, Feng Chia University, Taichung, Taiwan, vol. 15(2), pages 145-159, December.
    7. Detre, Joshua D. & Gunderson, Michael A., 2011. "The Triple Bottom Line: What is the Impact on the Returns to Agribusiness?," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 14(4), pages 1-14, November.
    8. Dominik Filipiak & Agata Filipowska, 2016. "Towards data oriented analysis of the art market: survey and outlook," "e-Finanse", University of Information Technology and Management, Institute of Financial Research and Analysis, vol. 12(1), pages 21-31, June.
    9. Xu, Xun & Loke, Matthew K. & Leung, PingSun, 2015. "Is There a Price Premium for Local Food? The Case of the Fresh Lettuce Market in Hawaii," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 44(01), pages 1-14, April.
    10. Marta Verza & Alberto Ceccacci & Giuseppe Frigo & Luca Mulazzani & Parthena Chatzinikolaou, 2024. "Legumes on the Rise: The Impact of Sustainability Attributes on Market Prices," Sustainability, MDPI, vol. 16(7), pages 1-15, March.
    11. Filipiak Dominik & Filipowska Agata, 2016. "Towards Data Oriented Analysis of the Art Market: Survey and Outlook," Financial Internet Quarterly (formerly e-Finanse), Sciendo, vol. 12(1), pages 21-31.

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