The price relationship between organic and non-organic vegetables in the U.S.: evidence from Nielsen scanner data

Gwan Seon Kim; Jun Ho Seok; Tyler B. Mark; Michael R. Reed

doi:10.1080/00036846.2018.1524570

The price relationship between organic and non-organic vegetables in the U.S. evidence from Nielsen scanner data

Gwan Seon Kim
, Jun Ho Seok
, Tyler B. Mark
, Michael R. Reed

Agricultural Economics

Producción científica: Article › revisión exhaustiva

13 Citas (Scopus)

Resumen

This study investigates price relationships between organic and conventional carrots, tomatoes, and lettuce in the U.S. utilizing Nielsen scanner data from 2006–2015. We employ a threshold vector error correction model (TVECM), threshold vector autoregressive model (TVAR), and threshold cointegration test to test whether market integration exists between organic and conventional vegetables as well as the existence of asymmetric price transmission. The results find positive long-run relationships between organic and conventional prices of carrots and tomatoes and show the existence of asymmetric price transmission in price pairs of lettuce and tomatoes. Our findings suggest that the price relationship between organic and conventional vegetables varies by characteristics, such as shelf life, volatility in the price premium, and substitutability.

Idioma original	English
Páginas (desde-hasta)	1025-1039
Número de páginas	15
Publicación	Applied Economics
Volumen	51
N.º	10
DOI	https://doi.org/10.1080/00036846.2018.1524570
Estado	Published - feb 25 2019

Nota bibliográfica

Publisher Copyright:
© 2018, © 2018 Informa UK Limited, trading as Taylor & Francis Group.

Financiación

The authors would like to thank the Marketing Data Center at the University of Chicago Booth School of Business. Researcher(s) own analyses calculated (or derived) based in part on data from The Nielsen Company (US), LLC and marketing databases provided through the Nielsen Datasets at the Kilts Center for Marketing Data Center at The University of Chicago Booth School of Business. The conclusions drawn from the Nielsen data are those of the researcher(s) and do not reflect the views of Nielsen. Nielsen is not responsible for, had no role in, and was not involved in analyzing and preparing the results reported herein.

Financiadores
The Nielsen Company, LLC

ASJC Scopus subject areas

Economics and Econometrics

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10.1080/00036846.2018.1524570

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