What Are the Economic Welfare Effects of Local Food Marketing? Exploring Impacts with the Case of Colorado Apples
AbstractThis paper explores the welfare changes as a result of changes in prices and quantities of Colorado labeled apples relative to domestically produced apples, using equilibrium displacement model with two-regions: Colorado State and the rest of the United States. The results showed that in the short run producers would lose $300, while in the long run producers would increase supply to capture $263,000 in increased surplus.
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Bibliographic InfoPaper provided by Agricultural and Applied Economics Association in its series 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania with number 103500.
Date of creation: 2011
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local food marketing; marketing channel; market segmentation; equilibrium displacement model; Agribusiness; Agricultural and Food Policy; Community/Rural/Urban Development; Consumer/Household Economics; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; Food Security and Poverty; Industrial Organization; Institutional and Behavioral Economics; Marketing;
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