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A Meta-Regression Analysis of Consumer Willingness to Pay for Aquaculture Products

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  • Smetana, Kerri
  • Melstrom, Richard T.
  • Malone, Trey

Abstract

This article uses meta-regression analysis to examine variation in willingness to pay (WTP) for farm-raised seafood and aquaculture products. We measure the WTP premiums that consumers have for common product attributes and examine how WTP varies systematically across study design elements, populations of interest, and sample characteristics. Based on metadata from 45 studies, the meta-regression analysis indicates that WTP estimates differ significantly with the availability of attributes such as domestic and environmental certification, but also with sample income and gender representation.

Suggested Citation

  • Smetana, Kerri & Melstrom, Richard T. & Malone, Trey, 2022. "A Meta-Regression Analysis of Consumer Willingness to Pay for Aquaculture Products," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 54(3), pages 480-495, August.
    • Handle: RePEc:cup:jagaec:v:54:y:2022:i:3:p:480-495_5
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    Cited by:

    1. Changjun Zheng & Sinamenye Jean-Petit, 2023. "The Effects of the Interactions Between Agro-Production, Economic, and Financial Development on Bank Sustainability," SAGE Open, , vol. 13(2), pages 21582440231, June.
    2. Okrent, Abigail M. & Zhen, Chen & Wang, Shaonan, 2024. "Demand for Farmed and Wild-caught Fish and Seafood," 2024 Annual Meeting, July 28-30, New Orleans, LA 343838, Agricultural and Applied Economics Association.

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