Demand structure and willingness to pay for organic dairy products

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This paper analyses if the introduction of a new and “low fat” organic variety of fluid milk has any effect on consumers’ valuation of organic milk in general and can rewind the stagnating trend in the demand for organic milk. In order to analyse this, the consumers’ purchasing structure was analysed and it was found that consumers first chose between different types of milk and secondly, decided of whether this milk was organic or conventional. Elasticities indicated a greater
temporary flexibility in the demand structure and a permanent change of substitution patterns through the introduction of the new type of milk. The calculation of marginal Willingness to Pay show a temporary raise in consumers’ valuation of the organic quality attribute, but this was followed by a decline.
Translated title of the contributionEfterspørgselsstruktur og betalingsvillighed for økologiske mejeriprodukter
Original languageEnglish
Title of host publicationFood quality products in the advent of the 21st century : production, demand and public policy
EditorsK. Mattas, E. Tsakiridou
Number of pages12
Place of PublicationChania
Publication dateJun 2005
Pages33-44
Publication statusPublished - Jun 2005
EventEAAE Seminar : Food Quality Products in the Advent of the 21st Century: Production, Demand and Public Policy - Chania, Greece
Duration: 4 Sep 20037 Sep 2003
Conference number: 83

Conference

ConferenceEAAE Seminar
Nummer83
LandGreece
ByChania
Periode04/09/200307/09/2003
SeriesCahiers Options Mediterraneennes
Number64
ISSN1022-1379

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