Evidence of consumers' willingness to pay for the National Animal Identification system of the United States

Moises A.Resende Filho, Brian L. Buhr

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

With the United States National Animal Identification System (NAIS) in place, consumers' concerns about Bovine Spongiform Encephalopathy (BSE) are mitigated and, by inference, consumers will be willing to pay for the NAIS. We estimated twelve alternative specifications of the generalized almost ideal demand system for beef, pork, and poultry, including indexes of news coverage of BSE in the U.S. as proxies for consumers' risk perception on BSE. Using the preferred model, we constructed scenarios on the basis of hypothesized impacts of the NAIS on consumers' risk perception on BSE inmeat. We found that the impact of BSE on consumer demand for meat was in itself sufficient to cover previously estimated costs of implementing the NAIS.

Original languageEnglish (US)
Pages (from-to)5-22
Number of pages18
JournalEconomia Aplicada
Volume15
Issue number1
DOIs
StatePublished - Jan 1 2011

Fingerprint

Bovine spongiform encephalopathy
System identification
Animals
Willingness-to-pay
Risk perception
Consumer risk
Meat
Inference
News
Scenarios
Beef
Consumer demand
Pork
Poultry
Costs
Almost ideal demand system

Keywords

  • Animal traceability
  • Food safety
  • Meat industry
  • System of demand equations
  • USA

Cite this

Evidence of consumers' willingness to pay for the National Animal Identification system of the United States. / Filho, Moises A.Resende; Buhr, Brian L.

In: Economia Aplicada, Vol. 15, No. 1, 01.01.2011, p. 5-22.

Research output: Contribution to journalArticle

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