2018
DOI: 10.1111/cjag.12168
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Consumers’ Valuation of Rice‐Grade Labeling

Abstract: The current Korean rice‐grading system has a “no test” option that allows rice to not be graded in the market. This study examines Korean consumers’ valuation of a rice‐grading system without the “no test” option. We apply a nonhypothetical experimental auction to elicit consumers’ willingness to pay for each rice grade and identify the impact of the provision of additional grading information on product valuation. We then use contingent and inferred valuations to obtain consumers’ valuation of a mandatory ric… Show more

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Cited by 7 publications
(7 citation statements)
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“…It is also certain that the correct production of a label allows a correct marketing of the product inside a country but also in relation to exports (Jansen and Lince de Faria 2002). Label information can also influence consumers' preferences, behaviours, and willingness to pay towards food products, especially if this information is provided through a certification (Slade et al 2019;Rihn et al 2019;Choi et al 2018;Scozzafava et al 2020). In particular, the origin of the product, which is usually considered an indicator of quality (Dekhili and d'Hauteville 2009;Di Vita et al 2013), is important for consumers (Perito et al 2019;Fraser and Balcombe 2018;Yin et al 2018;Grebitus et al 2018).…”
Section: Literature Reviewmentioning
confidence: 99%
“…It is also certain that the correct production of a label allows a correct marketing of the product inside a country but also in relation to exports (Jansen and Lince de Faria 2002). Label information can also influence consumers' preferences, behaviours, and willingness to pay towards food products, especially if this information is provided through a certification (Slade et al 2019;Rihn et al 2019;Choi et al 2018;Scozzafava et al 2020). In particular, the origin of the product, which is usually considered an indicator of quality (Dekhili and d'Hauteville 2009;Di Vita et al 2013), is important for consumers (Perito et al 2019;Fraser and Balcombe 2018;Yin et al 2018;Grebitus et al 2018).…”
Section: Literature Reviewmentioning
confidence: 99%
“…Moreover, the labeling program will empower consumers to make informed purchasing decisions and form expectations about meat quality (Bernués et al, 2003;Grunert, 2006;Henchion et al, 2014). However, the development of such a labeling program will not only require high investments but will also incur additional future marketing costs for the producers (Banterle and Stranieri, 2008;Choi et al, 2018;Demartini et al, 2017). Therefore, the implementation of a new labeling program should be preceded by an evaluation of consumer preferences and willingness-to-pay (WTP) for HWGM products (Grunert, 2005;Merlino et al, 2018;Toma et al, 2012).…”
Section: Introductionmentioning
confidence: 99%
“…These “external” quality cues help differentiate varieties in the retail segment, consistent with the structural transformation in the rice value chain in Asia, characterized by (1) investments in packaging and branding by millers and wholesalers, and (2) a dual strategy in marketing by retailers (i.e., selling both loose and packaged rice to cater to different customers) (Reardon et al., 2014). The reviewed studies that reported consumers’ positive evaluation for labels also emphasized the importance of broadening consumers’ understanding of the concepts conveyed in the labels that the target consumers may not be familiar with, such as fair trade, traceability, grading system, and quality grades (Choi et al., 2018; My, Demont, et al., 2018; My, Van Loo, et al., 2018; Nie et al., 2018). The positive effects of labels were found to be more evident with additional information.…”
Section: Discussionmentioning
confidence: 99%