Economic techniques to estimate the demand for sustainable products: A case study for fair trade and organic coffee in the United Kingdom

[EN] The hedonic approach is used in this paper to estimate how much is paid for the fair trade/organic characteristic of the coffee in the British market. This information is later combined with the Quantity Based Demand System (QBDS) model –developed by the authors— and the Almost Ideal Demand Sys...

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Detalhes bibliográficos
Autores: Galarraga, Ibon, Markandya, Anil
Tipo de documento: artigo
Data de publicação:2004
País:España
Recursos:Universitat Politècnica de València (UPV)
Repositório:RiuNet. Repositorio Institucional de la Universitat Politécnica de Valéncia
Idioma:inglês
OAI Identifier:oai:riunet.upv.es:10251/110612
Acesso em linha:https://riunet.upv.es/handle/10251/110612
Access Level:Acceso aberto
Palavra-chave:Sistemas de demanda
Método hedónico
Demanda de café
Etiquetado
Demand systems
Hedonic method
Coffee demand
Labelling
Descrição
Resumo:[EN] The hedonic approach is used in this paper to estimate how much is paid for the fair trade/organic characteristic of the coffee in the British market. This information is later combined with the Quantity Based Demand System (QBDS) model –developed by the authors— and the Almost Ideal Demand System (AIDS) (Deaton and Muellbauer, 1980) to completely determine the demand function for different coffees. The QBDS model is easier to handle and less data demanding than the AIDS model in this study.