How Much Green to Keep the Garden Clean? An Analysis of the Willingness to Pay (WTP) of Home Gardeners for BioWRAP Technology
Gengchen Cai,
Kanji Fatema and
Karina A. Schoengold
No 413230, Cornhusker Economics from University of Nebraska-Lincoln, Department of Agricultural Economics
Abstract:
A research team from the University of Nebraska-Lincoln, Kansas State University, and South Dakota School of Mines are working on creating an alternative product that would use locally available materials to create a spray-on, biodegradable polymer that can suppress weeds and will biodegrade in a timeframe that is amenable to crop production. We broadly refer to this technology as BioWRAP (Bioplastics with Regenerative Agricultural Properties).
Our results show that the home garden market is potentially a significant one for a BioWRAP product. Continued work in the development of the BioWRAP technology is necessary to determine what the cost of a retail product is likely to be, as well as whether a product will be able to get USDA certified organic status.
Keywords: Consumer/Household; Economics (search for similar items in EconPapers)
Date: 2024
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Persistent link: https://EconPapers.repec.org/RePEc:ags:nbaece:413230
DOI: 10.22004/ag.econ.413230
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