Hedonic price analysis to guide breeding for upgrading an orphan crop in India and Nepal
Abstract
Crop breeding has contributed much towards assuring the supply of high quality food for a rapidly growing world population. Crop breeding has, however, been focused on only a relatively small number of species and many more have been neglected. In this paper we report on our contributions to a multidisciplinary research project that aims at improving ricebean (Vigna umbellata) – an orphan pulse crop in India and Nepal – and at introducing improved ricebean into local and regional markets. The Ricebean has always been a traditional pulse in India and Nepal. Areas where the ricebean is grown today are characterized as remote regarding the access to markets and prevalence of subsistence households. Consumer preferences where captured by collecting ricebean prices and samples and a multivariate regression was used to estimate the influence of characteristics significantly affecting prices. With this estimated preference index breeders can assess the expected price of an improved ricebean variety at an early stage in plant breeding.Download Info
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Paper provided by International Association of Agricultural Economists in its series 2009 Conference, August 16-22, 2009, Beijing, China with number 51758.Length:
Date of creation: 2009
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Handle: RePEc:ags:iaae09:51758
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Keywords: hedonic price analysis; pulses; orphan crops; Demand and Price Analysis; Marketing;References
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- Lee, Jonq-Ying & Brown, Mark G., 1989. "Consumer Demand For Food Diversity," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 21(02), December.
- Rosen, Sherwin, 1974. "Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition," Journal of Political Economy, University of Chicago Press, vol. 82(1), pages 34-55, Jan.-Feb..
- Kelvin J. Lancaster, 1966. "A New Approach to Consumer Theory," Journal of Political Economy, University of Chicago Press, vol. 74, pages 132.
- Bart Minten, 2008. "The Food Retail Revolution in Poor Countries: Is It Coming or Is It Over?," Economic Development and Cultural Change, University of Chicago Press, vol. 56, pages 767-789.
- Gruere, Guillaume P. & Smale, Melinda & Giuliani, Alessandra, 2006. "Marketing Underutilized Plant Species for the Poor," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25742, International Association of Agricultural Economists.
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