Will Consumers Pay a Premium for “Raised Carbon Friendly” Beef? Evidence from a Contingent Valuation Experiment

Xiaogu Li, Kimberly Jensen, Christopher Clark and Dayton Lambert

No 167716, 2014 Annual Meeting, July 27-29, 2014, Minneapolis, Minnesota from Agricultural and Applied Economics Association

Abstract: Cattle production contributes about 2.2% of US greenhouse gas emissions. The adoption of prescribed grazing (PG) could reduce these emissions. Grass-fed beef products command price premiums; whether beef produced with PG programs would do likewise is not known. This research estimates consumer willingness-to-pay for beef grown using the PG technology.

Keywords: Agricultural and Food Policy; Environmental Economics and Policy (search for similar items in EconPapers)
Pages: 2
Date: 2014
New Economics Papers: this item is included in nep-agr and nep-env
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea14:167716

DOI: 10.22004/ag.econ.167716

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