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    <epdcx:statement epdcx:propertyURI="http://purl.org/dc/elements/1.1/title">
      <epdcx:valueString>Modeling demand for organic foods</epdcx:valueString>
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    <epdcx:statement epdcx:propertyURI="http://purl.org/dc/elements/dc/terms/abstract">
      <epdcx:valueString>The market of organic foods has experienced tremendous growth during the period 1997-1998. Highest growth is&#13;
experienced at the bread/cereal group where the volume share has increased by 143% during the whole period.&#13;
During this period, relative organic prices have decreased, except for meat. Organic volume shares are highest for dairy products (10%), which is more than twice the share for bread/cereals (5%) and other foods (4%), which covers fruit and vegetables. In the bottom is the share of organic meat (1%). The model estimates price and&#13;
budget elasticities. The consumption of animal products (dairy, meat) is more sensitive to price changes than&#13;
consumption of vegetables, cereals, fruit and bread. The demand is characterized by very high elasticities,&#13;
especially for organic foods. The high price elasticities can be explained by the fact that conventional and organic&#13;
commodities are very similar. The high budget elasticity can be explained by the luxury nature of organic&#13;
commodities. In the study, scenario analyses are carried out. These scenarios show that if the relative organic price decreases by 20% consumption grows considerably. The volume share of organic dairies will increase to 15%, the&#13;
share of organic bread/cereals to 7%, the share of organic meat to 2% and the share of fruit/vegetables to 6%.</epdcx:valueString>
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    <epdcx:statement epdcx:propertyURI="http://purl.org/dc/elements/dc/elements/1.1/creator">Wier, Mette</epdcx:statement>
    <epdcx:statement epdcx:propertyURI="http://purl.org/dc/elements/dc/elements/1.1/creator">Smed, Sinne</epdcx:statement>
    <epdcx:statement epdcx:propertyURI="http://purl.org/dc/elements/1.1/subject">
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    <epdcx:statement epdcx:propertyURI="http://purl.org/dc/elements/1.1/title">
      <epdcx:valueString>Modeling demand for organic foods</epdcx:valueString>
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    <epdcx:statement epdcx:propertyURI="http://purl.org/dc/terms/available">2002-10-03</epdcx:statement>
    <epdcx:statement epdcx:propertyURI="http://purl.org/dc/elements/1.1/type" epdcx:valueURI="http://purl.org/eprint/type/ConferencePaper"></epdcx:statement>
    <epdcx:statement epdcx:propertyURI="http://purl.org/dc/terms/bibliographicCitation">Wier, Mette and Smed, Sinne (2000) Modeling demand for organic foods. The 13th International Scientific IFOAM Conference, Basel, Switzerland.</epdcx:statement>
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