Investigating the price effects of honey quality attributes in a European country: Evidence from a hedonic price approach

Abstract

This study investigates the price effects of honey quality attributes in Spain. Price and product characteristics are collected from 264 honey labels found on the shelves of the main representative retail stores available in the national territory. The marginal effects and the implicit prices of honey characteristics are assessed through a hedonic price approach. Results show that the prices of honey are affected by leader brands sold in gourmet stores and hypermarkets in glass packages compared to producer brands sold in discounts stores and supermarkets in plastic packages. The organic production and the protected designation of origin quality labels generate positive marginal effects on the prices of honey, as well. Regarding the origin of honey, the highest relative

Factors Influencing the Price of Honey; A Case of Mvomero District

“…Quality of honey has been seen not to affect positively the price of honey as it was not significant difference (P>0.05) hence, no influence on price of honey. The findings are similar to the study by Ballco et al (2022) who reported that the quality of honey from non-EU countries have no any significance in determining the market price of honey in Spain. This shows that most of the honey which comes from developing countries has not yet reached the quality in some of the developed countries.…”

Meat and meat substitutes—A hedonic‐pricing model for the German market

“…Bimbo et al (2016) apply a hedonic pricing model to the Italian yogurt market to evaluate the extent to which health claims contribute to product prices, finding that price premiums differ depending on the type of claim. While the hedonic pricing model has been applied to food products such as eggs (Karipidis et al, 2015), honey (Ballco et al, 2022) or alternative dairy beverages (Yang & Dharmasena, 2020), few studies exist for the meat market and, none, that considers the meat and MS market. Ribeiro et al (2019) apply a hedonic pricing model to chicken purchase scanner data and find that UK consumers are willing to pay a 135% or £6.36/kg premium for organic.…”