CONTINGENT VALUATION IN FOOD POLICY ANALYSIS: A CASE STUDY OF A PESTICIDE-RESIDUE RISK REDUCTION Report as inadecuate




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This study demonstrates how contingent valuation techniques can be used in a cost-benefit analysis of a food safety policy issue. The analysis focuses on banning a specific post harvest pesticide used in fresh grapefruit packinghouses. Benefits of the ban are measured using consumers' aggregated willingness to pay (WTP) for safer grapefruit. A national contingent valuation survey used the payment card method to obtain WTP data. Costs of the ban stem predominantly from increased post harvest losses and were estimated using a model of the market for Florida grapefruit. Results indicate that benefits of the ban outweigh costs.

Keywords: Contingent valuation ; Cost-benefit analysis ; Food safety ; Pesticides ; Willingness to pay

Subject(s): Agricultural and Food Policy

Issue Date: 1995-12

Publication Type: Journal Article

PURL Identifier: http://purl.umn.edu/15278 Published in: Journal of Agricultural and Applied Economics, Volume 27, Number 2 Page range: 613-625

Total Pages: 13

Record appears in: Southern Agricultural Economics Association (SAEA) > Journal of Agricultural and Applied Economics





Author: Buzby, Jean C. ; Ready, Richard C. ; Skees, Jerry R.

Source: http://ageconsearch.umn.edu/record/15278?ln=en







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