Pricing Rice Quality Attributes and Returns to Quality Upgrading in Sub-Saharan Africa
Loading...
Date
2022
Journal Title
Journal ISSN
Volume Title
Publisher
Journal of Agricultural and Applied Economics
Abstract
The study applies parametric and nonparametric estimation methods to determine hedonic prices of rice quality attributes, and a partial equilibrium model to determine the payoff to investing in quality improvement in five countries in Sub-Saharan Africa. Results indicate that consumers are willing to pay price premiums for head rice, slender grains, peak viscosity, parboiled rice, and rice sold in urban markets. However, they strongly discount amylose content, rice with impurities and imported rice. Investing in quality improvement through amylose content reduction leads to net welfare gains with a benefit-cost ratio of 47.86 and internal rate of return of 90%.
Description
Keywords
Quality Upgrading, Attributes and Returns, Rice Quality
Citation
Twine, E. E., Ndindeng, S. A., Mujawamariya, G., & Futakuchi, K. (2022). Pricing rice quality attributes and returns to quality upgrading in sub-Saharan Africa. Journal of Agricultural and Applied Economics, 54(1), 175-196.https://doi.org/10.1017/aae.2022.3