Consumers’ trust in government and their attitudes towards genetically modified food: empirical evidence from China
AbstractUnderstanding the determinants of consumers’ acceptance towards genetically modified food (GMF) is critically important for the biotechnology industry. Based on a unique data set collected by the authors in 2002 and 2003 in 11 cities of China, an econometric model of consumers’ acceptance of GMF is estimated. The results show that consumers’ acceptance of GMF is high in urban China and consumers’ trust in government has a significantly positive effect on consumers’ acceptance of GMF. Our study also shows that failure to consider the endogeneity of consumers’ trust in government will lead to serious underestimation of its impacts on consumers’ acceptance of GMF. This is, to the best of our knowledge, the first study on the impact of consumers’ trust in government with consideration of the endogenous problems that often are encountered in consumer perception studies.
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Bibliographic InfoArticle provided by Taylor and Francis Journals in its journal Journal of Chinese Economic and Business Studies.
Volume (Year): 10 (2012)
Issue (Month): 1 (July)
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Web page: http://taylorandfrancis.metapress.com/link.asp?target=journal&id=109387
Other versions of this item:
- Qiu, Huanguang & Huang, Jikun, 2006. "Consumers' Trust in Government and Their Attitudes Towards Genetically Modified Food: Empirical Evidence from China," 2006 Annual Meeting, August 12-18, 2006, Queensland, Australia 25741, International Association of Agricultural Economists.
- Q13 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Markets and Marketing; Cooperatives; Agribusiness
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
- O13 - Economic Development, Technological Change, and Growth - - Economic Development - - - Agriculture; Natural Resources; Environment; Other Primary Products
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