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The Organic Food Premium:A Canterbury Tale: Discussion Paper No 14/11

Gschwandtner, Adelina (2014) The Organic Food Premium:A Canterbury Tale: Discussion Paper No 14/11. Discussion paper. School of Economics, University of Kent, Canterbury. Kent

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Abstract

The present paper attempts to bring further evidence on the behavioural gap for organic food in Britain. The stated preferences are analysed by contingent valuation, while the revealed preferences are estimated by hedonic pricing. A small but significant gap in the premium for organic food between stated and revealed preferences has been found. This gap may suggest a need for price premium intervention. The estimated price elasticity for organic products is on average above one in absolute value suggesting that a pricing policy could be very effective.

Item Type: Monograph (Discussion paper)
Additional information: The content of this paper has been developed and extended. A record for the later work is available here https://kar.kent.ac.uk/63715/
Subjects: H Social Sciences > HB Economic Theory
Divisions: Faculties > Social Sciences > School of Economics
Depositing User: Adelina Gschwandtner
Date Deposited: 04 Dec 2014 09:40 UTC
Last Modified: 01 Feb 2020 04:06 UTC
Resource URI: https://kar.kent.ac.uk/id/eprint/45747 (The current URI for this page, for reference purposes)
Gschwandtner, Adelina: https://orcid.org/0000-0002-6952-1782
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