Consumer Preferences for Locally Made Specialty Food Products Across Northern New England
By Kelly L. Giraud, Craig A. Bond, J. Bond. Agricultural and Resource Economics Review, 2005
115 citations recorded by the source corpus.
Does willingness to pay a premium for local specialty food products differ between consumers in Maine, New Hampshire, and Vermont? Two food categories are investigated: low-end ($5) and high-end ($20) products. Premia estimates are compared across states and across base prices within states using dichotomous choice contingent valuation methods. Results suggest that the three states of northern New England have many similarities, including comparable price premia for the lower-priced good. However, there is some evidence that the premium for the higher-priced good is greater for the pooled Vermont and Maine treatment than for the New Hampshire treatment. Vermont and New Hampshire residents are willing to pay a higher premium for a $20 than for a $5 food item, while the evidence suggests that Maine residents are not.
Subfields: Economics and Econometrics, Plant Science
View Paper: https://www.semanticscholar.org/paper/183abfdbad425d09c1b62d2d4a242f9f25b9ef79
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In Economics and Econometrics
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In Plant Science
Citations in the corpus
- Consumers’ Preferences and Attitudes Toward Local Food Products (2016, background): “Drawing on the literature on consumer studies (Brown, Dury, & Holdsworth, 2009; Giraud et al., 2005; Henseleit et al., 2007), the present study aims to investigate consumers’ preferences and attitudes toward local food products and to verify the existence of market segments for local foods.”
- Comparing Willingness to Pay for Organic, Natural, Locally Grown, and State Marketing Program Promoted Foods in the Mid-Atlantic Region (2011, background): “Giraud, Bond, and Bond (2005) surveyed consumers from Maine, Vermont, and New Hampshire.”
- Local Food Systems: Concepts, Impacts, and Issues (2012, unknown): “Giraud et al., 2005 Maine, New Hampshire, Vermont Syrup, salsa, etc. Mail survey Contingent valuation, Single bids N = 696 Signifi cant, positive: “Pro-local” for both $5 and $20 items Education for $20 items in Maine/Vermont pooled, but signifi - cant, negative for $5 items Signifi cant, negative:…”