ANALYSIS OF FOOD LABELS FOR AGRICULTURAL BIOTECHNOLOGY

Conjoint analysis is used to measure consumer preferences for alternative biotech labeling formats. The study found that consumers overwhelmingly support mandatory labeling of biotech foods. Results also showed that the preferred labeling format is a text disclosure that describes the benefits of biotechnology in combination with a biotech logo.Food Consumption/Nutrition/Food Safety,

ANALYSIS OF SITE-SPECIFIC DETERMINANTS OF LOCATION DECISIONS FOR THE U.S. BROILER INDUSTRY

Conjoint analysis is applied to study the attributes affecting the location of a broiler complex. Distance between feed mill and growers, feed cost, and community attitude toward broiler industry are found to be the most important factors influencing the location decision of broiler growing, feed mill, and broiler processing respectively.Agribusiness,

Spatial Dependency of the Geographically Concentrated U.S. Broiler Industry

The study develops a county-level spatial lag model that analyzes factors affecting location and production of the U.S. broiler industry. The spatial lag coefficient was found to be positive and significant in the model indicating spatial dependency of the geographically concentrated U.S. broiler industry within the Southeast.Agribusiness,

Consumer Valuation of the Second Generation of Genetically Modified (GM) Foods with Benefits Disclosure

Employing contingent valuation method (CVM), the study explores whether or not consumers risk/benefit beliefs and knowledge about GM foods affect their behavior as measured by willingness to pay (WTP) a premium for GM beef with benefits. The results demonstrate that risk/benefit perceptions play a significant role to elicit WTP for GM beef with benefitsConsumer/Household Economics,

THE EFFECTS OF RISK PERCEPTIONS ON CONSUMER PREFERENCES FOR BIOTECH LABELING

Consumer/Household Economics,

A COMPARISON OF THE SIZE AND LOCATION OF AGRIBUSINESS INDUSTRIES FOR LOUISIANA AND ITS PARISHES: 1982-1992

The objective of this study is to measure and analyze the effects of structural change in the agribusiness sector on parish economies in Louisiana. Specific objectives are: (1) to measure changing patterns of employment in Louisiana's agribusiness sector, (2) to analyze the impacts of structural change on the contribution of agribusiness to total employment in individual parishes, and (3) to identify any rural-to-urban or urban-to-rural shifts in the geographic location of employment resulting from structural changes in agribusiness industries.Labor and Human Capital, Agribusiness,

A MULTINOMIAL LOGIT MODEL OF CONSUMER PERCEPTIONS FOR BIOTECH FOOD LABELING

A multinomial logit analysis is employed to analyze consumers' perceptions about purchasing biotech foods and their preferences for mandatory and voluntary labeling. Results showed that consumers who are sensitive to the possible side effects of biotech crops on wildlife and the environment are more likely to support a mandatory labeling policy. Results also indicated that respondents who believe biotech foods may have unforeseen health risks are more likely to favor mandatory labeling. Furthermore, the study found that respondents who are willing to buy a meat product produced using biotechnology are more likely to favor a voluntary labeling policy.Institutional and Behavioral Economics,

THEORETICAL AND EMPIRICAL CONSIDERATIONS OF ELICITING PREFERENCES AND MODEL ESTIMATION IN CONJOINT ANALYSIS

The theoretical underpinnings associated with eliciting consumer preferences and statistical properties of alternative models in conjoint analysis are examined. Results show that model selection makes little difference in the context of sign and significance of coefficients. However, results show that tobit is a better predictor of ordinal ranking relative to the probit model.Demand and Price Analysis,

IMPACT OF INCREASING IMPORTS ON THE UNITED STATES SOUTHEASTERN REGION SHRIMP PROCESSING INDUSTRY 1973-1996

This study analyzes the effects of increased shrimp imports on the price-cost margins in three sectors of the U.S. shrimp industry. Results indicates decreasing price-cost margins for peeled shrimp, breaded shrimp, and headless-shell-on shrimp. The increase in shrimp imports reduces domestic processor prices for shrimp products, therefore decreasing processor margins.Demand and Price Analysis, International Relations/Trade,

Willingness-to-Pay for Genetic Attributes in Aquaculture Industries

The genetic make-up of fish stocks is an important factor in aquaculture production. Choice-based conjoint analysis is used to determine importance of genetic improvements to grow-out producers and an estimated willingness-to-pay for selected attributes. Results from a national survey of aquaculture producers, reveal growth rate as the most important attribute.Resource /Energy Economics and Policy,