<mods:mods version="3.0" xsi:schemaLocation="http://www.loc.gov/mods/v3 http://www.loc.gov/standards/mods/v3/mods-3-0.xsd" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" xmlns:mods="http://www.loc.gov/mods/v3"><mods:titleInfo><mods:title>Modeling demand for organic foods</mods:title></mods:titleInfo><mods:name type="personal"><mods:namePart type="given">Mette</mods:namePart><mods:namePart type="family">Wier</mods:namePart><mods:role><mods:roleTerm type="text">author</mods:roleTerm></mods:role></mods:name><mods:name type="personal"><mods:namePart type="given">Sinne</mods:namePart><mods:namePart type="family">Smed</mods:namePart><mods:role><mods:roleTerm type="text">author</mods:roleTerm></mods:role></mods:name><mods:abstract>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%.</mods:abstract><mods:classification authority="lcc">Consumer issues</mods:classification><mods:originInfo><mods:dateIssued encoding="iso8061">2000</mods:dateIssued></mods:originInfo><mods:genre>Conference paper, poster, etc. </mods:genre></mods:mods>