{"title":"How Do Stated Attribute Cut-Off Values Influence Attention and Subsequent Willingness to Pay? Evidence From an Eye-Tracking Food Choice Experiment","authors":"Carola Grebitus, Mohammed Hussen Alemu","doi":"10.1111/1467-8489.70059","DOIUrl":"10.1111/1467-8489.70059","url":null,"abstract":"<div>\u0000 \u0000 <p>Individuals have cognitive limits and systematically rely upon heuristics when making decisions. One such example is threshold-based heuristics where decision makers use attribute cut-offs to screen and eliminate alternatives from their choice set that do not satisfy their cut-off levels for critical attributes. Failure to account for information on attribute cut-offs can generate biased estimates in choice models. This study addresses stated attribute cut-offs in discrete choice experiments using eye-tracking technology. We assess the relationship between hard stated attribute cut-off levels and visual attention data extracted from eye tracking. We then investigate how incorporating this information into choice models affects willingness to pay. Three main results can be reported: (1) a considerable number of individuals stated that they have attribute cut-offs, (2) attention increased for attributes that individuals stated they have a cut-off for and (3) stated cut-off levels and visual attention independently affected individuals' willingness to pay, with weak interaction effects. We discuss the implications of the results for researchers and business practitioners.</p>\u0000 </div>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"70 1","pages":"208-221"},"PeriodicalIF":2.1,"publicationDate":"2025-10-22","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146130204","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Foreign Direct Investment and Policy Stability of Environmental Regulations in Polluting Sectors","authors":"Gregmar I. Galinato, You Zhou, Xin Zhao","doi":"10.1111/1467-8489.70060","DOIUrl":"10.1111/1467-8489.70060","url":null,"abstract":"<div>\u0000 \u0000 <p>Foreign direct investment (FDI) is a significant source of economic growth. Two important factors for attracting FDI are endogenously determined environmental policies and domestic policy stability, which we define as the ability of policymakers to continue established policies. We contribute to the literature by investigating the welfare implications of attracting FDI in a polluting sector where a government chooses a pollution tax given a policy stability level. We modify Helpman et al.'s (2004) FDI model with heterogeneous firms to determine the optimal pollution taxes and the welfare implications with or without FDI. Our model includes a heterogeneous polluting sector, a homogeneous non-polluting sector, consumers negatively affected by pollution, and a policymaker who has a positive probability of being removed from office. We find that the pollution tax is higher when the polluting sector opens to FDI across all policy stability levels compared to the closed sector case. The pollution tax rate is reduced when the policy stability level increases. Welfare is generally higher when not allowing FDI in the polluting sector. The welfare loss due to uncertainty is reduced as the policy stability level increases because we approach the socially optimal pollution tax level. The difference in realised welfare between the closed and open FDI polluting sector cases is largest when there is low marginal pollution damage, high foreign entry cost, or a high elasticity of substitution.</p>\u0000 </div>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"70 1","pages":"56-70"},"PeriodicalIF":2.1,"publicationDate":"2025-10-09","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"146129889","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Impact of Digital Economy on Farmers' Environmental Governance Participation: A Mechanism Analysis Based on Chinese Rural Survey Data","authors":"Yi-Feng Zhang, Shi-Ou Liao","doi":"10.1111/1467-8489.70056","DOIUrl":"https://doi.org/10.1111/1467-8489.70056","url":null,"abstract":"<div>\u0000 \u0000 <p>This paper investigates the influence of the digital economy on farmers' involvement in rural environmental governance, using microdata from over 2800 farming households in the China Rural Revitalization Survey. The study focuses on three dimensions of the digital economy: digital infrastructure, digital business and digital life. The results show that the digital economy plays a significant role in promoting farmers' environmental governance behaviours. Among the three dimensions, digital infrastructure and digital life have a stronger impact, while digital business shows a more limited effect. Mechanism analysis identifies three primary pathways through which the digital economy influences governance behaviours: expanding social networks, increasing income and enhancing environmental awareness. However, digital business does not significantly contribute to environmental awareness, pointing to its limited effectiveness in driving behavioural change. The heterogeneity analysis reveals that farmers with larger-scale operations, higher digital literacy and those in western regions are more positively impacted, whereas farmers in central regions show little effect. These findings highlight the need for region-specific strategies that account for local conditions and demographic characteristics. The paper offers three policy recommendations: (1) tailor digital strategies to regional needs to enhance farmers' participation in environmental governance, (2) provide targeted training and support for low-literacy and large-scale farmers and (3) improve the alignment of digital business initiatives with environmental governance goals to foster greater synergy between technology and rural ecological management.</p>\u0000 </div>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 4","pages":"855-873"},"PeriodicalIF":2.1,"publicationDate":"2025-09-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145341580","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Minxing Jiang, Yanan Li, Feng Wang, Dong-Xiao Yang
{"title":"Hybrid Policies for Emission Control Under Asymmetric Information: A Comparative Analysis","authors":"Minxing Jiang, Yanan Li, Feng Wang, Dong-Xiao Yang","doi":"10.1111/1467-8489.70054","DOIUrl":"https://doi.org/10.1111/1467-8489.70054","url":null,"abstract":"<div>\u0000 \u0000 <p>We compare the effects of three potential hybrid policies (cap-and-trade system with a ceiling-price collar, a floor-price collar and bilateral price collars) and two basic instruments (cap-and-trade system and effluent tax) for emissions control when the regulator has asymmetric information about emissions abatement costs. The optimal mix for each hybrid policy is characterised. Given the linearity of both marginal abatement costs and marginal damage costs, all hybrid policies strictly outperform both basic instruments and a hybrid policy with bilateral price collars dominates those with a unilateral collar, which perform equivalently. A simple empirical illustration for China's national carbon market shows that all hybrid policies result in appreciable cost savings compared to the current cap-and-trade system, with the bilateral price collars policy achieving the lowest price volatility.</p>\u0000 </div>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 4","pages":"766-776"},"PeriodicalIF":2.1,"publicationDate":"2025-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145341794","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Harnessing Rice Combine Harvester Adoption for Sustainable Agriculture in the Haor (Wetland) Ecosystem of Bangladesh","authors":"Md. Hayder Khan Sujan, Mou Rani Sarker, Md Abdur Rouf Sarkar, Monira Sultana, Md. Sadique Rahman, Sharif Ahammad, Maruf Khan","doi":"10.1111/1467-8489.70055","DOIUrl":"https://doi.org/10.1111/1467-8489.70055","url":null,"abstract":"<div>\u0000 \u0000 <p>Technology revolutionises modern agriculture. Bangladesh's agriculture still relies heavily on manual labour for most operations, lacking full mechanisation. Given the pressing need for sustainable production and ongoing food security concerns, the country urgently requires agricultural technologies adoption. This paper aims to address this knowledge gap by examining the economic viability, determinants and impacts of adopting rice combine harvesters (RCH) in the wetland ecosystem. Quantitative and qualitative data were collected from three <i>haor</i> districts of Bangladesh in 2023—encompassing 300 Boro rice farmers, among whom 204 were RCH adopters and 96 were non-adopters. Results revealed the use of RCH saved USD 75/ha, leading to a 6.47% decrease in total costs and a 5.06% higher gross return for adopters compared to non-adopters. Additionally, it reduced human labour use in rice farming by 24.61%. The probit model analysis revealed that adoption factors encompassed age, yield, upland cultivation, harvester availability, repair services, perceived labour scarcity mitigation, family labour usage and harvesting losses. Propensity score matching confirmed the significant impacts of RCH adoption, showing reductions in production costs (113.97–176.23 USD/ha) and labour usage (30.04–32.08 man-days/ha), along with increased net returns (444.05–503.57 USD/ha) for adopters. Major constraints to adoption identified through the constraint facing index were timely unavailability and unsatisfactory repair services, damage of straw, heavy weights and seasonal use only. Overall, RCH is cost-effective and economically viable while also mitigating climate risks in the study area. The study findings will assist in achieving the target of doubling farmers' income under Sustainable Development Goal 2.3.</p>\u0000 <p><b>JEL Classifications</b>: Q12, Q16</p>\u0000 </div>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 4","pages":"836-854"},"PeriodicalIF":2.1,"publicationDate":"2025-09-28","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145341795","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"The Role of Farming Efficiency in Rural Transformation: Insights From Long-Term Panel Data for Thailand","authors":"Kasem Kunasri, Manh Hung Do, Trung Thanh Nguyen","doi":"10.1111/1467-8489.70051","DOIUrl":"https://doi.org/10.1111/1467-8489.70051","url":null,"abstract":"<p>Rural transformation is important for economic growth and is characterised by the reallocation of labour from farm to non-farm sectors. However, there is limited evidence on how farming efficiency affects rural transformation at the household level. In this study, we explore the effects of farming efficiency on rural transformation and investigate the influence of farming efficiency on the shift from full-time to part-time farming at the smallholder farm level. We use panel data from the Thailand–Vietnam Socio-economic Panel. Our sample includes 10,549 observations collected in Thailand from seven survey waves between 2007 and 2019. Our results reveal that farming efficiency positively and significantly affects the share of farm income, per capita farm income and per hectare agricultural machinery expense, while it has a negative and significant effect on the share of non-farm income, per capita non-farm income and the share of livestock income in farm income. These results imply that more efficient farmers tend to stick to farming and apply mechanisation in crop production, while less efficient ones seem to shift to non-farm sectors. Policies designed to encourage farm enlargement and labour allocation to accelerate rural transformation are recommended.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 4","pages":"911-933"},"PeriodicalIF":2.1,"publicationDate":"2025-09-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.70051","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145341691","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Giovanna Piracci, Elena Radicioni, Leonardo Casini, Fabio Boncinelli
{"title":"Triggering Ethical Food Choices Through Identity Labelling: Evidence From a Field Experiment","authors":"Giovanna Piracci, Elena Radicioni, Leonardo Casini, Fabio Boncinelli","doi":"10.1111/1467-8489.70053","DOIUrl":"https://doi.org/10.1111/1467-8489.70053","url":null,"abstract":"<p>The importance of social and ethical communication as a regulatory instrument to nudge more sustainable consumption patterns is advocated at the European and global policy levels. Little is known about the effectiveness of identity labelling, an innovative form of information provisioning leveraging the individual self-perception to encourage virtuous behaviours. We conducted a framed field experiment using the Becker-DeGroot-Marschak (BDM) mechanism to investigate consumers' responses to social identity labelling, that is, identity labelling hinging upon sensitivity to social issues. This study is the first application to test social identity labelling in an incentive-compatible food experiment. The results show that overall consumers are indifferent to the presence of social identity labelling, as their willingness to pay for an ethical product does not increase when this information tool is applied. However, environmentally conscious consumers exhibit a premium for products with social identity claims, while social consciousness shows no significant effect. Moreover, the effectiveness of identity labels is not mediated by personality traits conceptualised as the Big Five.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 4","pages":"806-819"},"PeriodicalIF":2.1,"publicationDate":"2025-09-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.70053","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145341502","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Preferences for Managing Subspecies: An Australian Case Study of Wedge-Tailed Eagles","authors":"Andrea Allen, Mark Tocock, Darla Hatton MacDonald","doi":"10.1111/1467-8489.70047","DOIUrl":"https://doi.org/10.1111/1467-8489.70047","url":null,"abstract":"<p>The wedge-tailed eagle (<i>Aquila audax</i>) is the largest bird of prey in Australia. It has a unique Tasmanian subspecies (<i>Aquila audax fleayi</i>), which is listed as endangered. Conservation efforts are hampered by the Tasmanian subspecies being notoriously shy breeders that can easily be disturbed by human activity such as forestry, resulting in nest abandonment. Conservation efforts are currently focussed on restricting forestry activities around nesting sites. Other potential policies could target the use of rat poisons (especially single-dose, second generation rat poisons) which have the potential to bio-accumulate as wedge-tailed eagles are known to scavenge. Evaluating the potential benefits of these conservation strategies has been complicated by recent research which suggests that the two subspecies are genetically similar, and therefore the species' genome is not at risk of endangerment. This impacts the perceived ‘uniqueness’ of the Tasmanian subspecies. A research question that emerges from this conservation problem is whether respondents value conservation efforts differently depending on whether the subspecies is perceived as ‘unique’, with either differences or the similarities of the subspecies emphasised in a stated preference survey. We sample south-eastern states of mainland Australia (New South Wales, Victoria, and South Australia) as well as the island state of Tasmania to investigate differences in preferences across states based on proximity to the target species. The results suggest a positive willingness to pay for expanding reserve areas around nests, restricting forestry activity in proximity to nests, and restricting rat poisons, with some variability across mainland states relative to Tasmania.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 4","pages":"777-790"},"PeriodicalIF":2.1,"publicationDate":"2025-09-15","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.70047","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145341695","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Can Oil Windfalls Decrease Fiscal Accountability? Evidence From No-Term-Limit Regimes","authors":"Ohad Raveh","doi":"10.1111/1467-8489.70048","DOIUrl":"https://doi.org/10.1111/1467-8489.70048","url":null,"abstract":"<p>We study the impact of oil windfalls on fiscal accountability, vis-à-vis the case of regimes with no term limits. A political economy model of oil windfalls, accountability and term limits indicates that term limit regimes distort the impact of windfalls on accountability, motivating a focus on regimes that impose no term limits. Employing a panel of US states with no term limits over the period 1963–2007, we show that oil windfalls trigger fiscal effects similar to those observed under binding term limits. Namely, taxes and spending increase, lowering state growth in a robust and economically meaningful magnitude, yet only when a Democrat is in office. We show that these patterns hold over the course of several years. Our results shed light on the potential adverse effects of oil windfalls in advanced democracies, as well as more generally on the disciplining effect of elections.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 4","pages":"744-765"},"PeriodicalIF":2.1,"publicationDate":"2025-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.70048","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145341510","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Gokul P. Paudel, Jordan Chamberlin, Trung Thanh Nguyen
{"title":"Productivity and Welfare Impacts of Sustainable Intensification in Rice-Wheat Crop Rotations: Evidence From the Eastern Indo-Gangetic Plains","authors":"Gokul P. Paudel, Jordan Chamberlin, Trung Thanh Nguyen","doi":"10.1111/1467-8489.70050","DOIUrl":"https://doi.org/10.1111/1467-8489.70050","url":null,"abstract":"<p>Sustainable intensification (SI) has been receiving policy attention for its potential to transform agri-food systems and improve rural livelihoods. However, little is known about how SI technology bundles influence system productivity, profitability and household welfare in the coupled rice-wheat crop rotations of the Indo-Gangetic Plains in South Asia. We investigate the combined impacts of direct seeded rice (<i>m</i>DSR) and zero-tillage (ZT) wheat on system productivity, profitability and household welfare in the rice-wheat system of Bihar and eastern Uttar Pradesh, India. Using a multinomial endogenous switching regression model to address selection bias, we find that the joint adoption of <i>m</i>DSR and ZT wheat significantly improves cropping system productivity by 19% (1148 kg per hectare), reduces production costs by 18% (US$ 159 per hectare), increases farm profits by 84% (US$ 502 per hectare) and raises household per capita income by 56%. However, these benefits are unevenly distributed, with poorer farms benefitting less from rice-wheat farming and more from off-farm income compared to richer farms. Our findings underscore the need for policy support to promote broader SI adoption and emphasise the importance of fostering off-farm jobs for equitable development.</p>","PeriodicalId":55427,"journal":{"name":"Australian Journal of Agricultural and Resource Economics","volume":"69 4","pages":"892-910"},"PeriodicalIF":2.1,"publicationDate":"2025-09-04","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"https://onlinelibrary.wiley.com/doi/epdf/10.1111/1467-8489.70050","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145341509","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":3,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"OA","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}