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      Hedonic Pricing of Rice Attributes, Market Sorting, and Gains from Quality Improvement in the Beninese Market

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          Abstract

          Latent class analysis is applied to a hedonic price model to examine the presence of heterogeneity in consumer valuation of quality attributes in the Beninese rice market. Three classes of consumers are found in proportions of 5, 56, and 39 percent. We employ a partial equilibrium model and find modest gains in consumer surplus from an increase in head rice and reduction in chalkiness. The results provide evidence of market sorting, which should be taken into consideration in upgrading rice value chains. Also, it is important to assess potential gains from quality improvement to determine priorities for research and development.

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          Hedonic Prices and Implicit Markets: Product Differentiation in Pure Competition

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            Hedonic housing prices and the demand for clean air

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              Measuring the benefits of air quality improvement: a spatial hedonic approach

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                Author and article information

                Contributors
                Journal
                Agricultural and Resource Economics Review
                Agric. Resour. Econom. Rev.
                Cambridge University Press (CUP)
                1068-2805
                2372-2614
                April 2021
                January 26 2021
                April 2021
                : 50
                : 1
                : 170-186
                Article
                10.1017/age.2020.24
                505282f3-d4ec-4802-8cd7-ff7134e049d8
                © 2021

                http://creativecommons.org/licenses/by/4.0/

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