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Will Consumers Pay a Premium for “Raised Carbon Friendly” Beef? Evidence from a Contingent Valuation Experiment

Author

Listed:
  • Li, Xiaogu
  • Jensen, Kimberly L.
  • Clark, Christopher D.
  • Lambert, Dayton M.

Abstract

Cattle production contributes about 2.2% of US greenhouse gas emissions. The adoption of prescribed grazing (PG) could reduce these emissions. Grass-fed beef products command price premiums; whether beef produced with PG programs would do likewise is not known. This research estimates consumer willingness-to-pay for beef grown using the PG technology.

Suggested Citation

  • Li, Xiaogu & Jensen, Kimberly L. & Clark, Christopher D. & Lambert, Dayton M., 2014. "Will Consumers Pay a Premium for “Raised Carbon Friendly” Beef? Evidence from a Contingent Valuation Experiment," 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota 167716, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea14:167716
    DOI: 10.22004/ag.econ.167716
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    References listed on IDEAS

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    1. Vincent Kang Fu, 1999. "Estimating generalized ordered logit models," Stata Technical Bulletin, StataCorp LP, vol. 8(44).
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    Keywords

    Agricultural and Food Policy; Environmental Economics and Policy;

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