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Consumer Acceptance Of Genetically Modified Foods

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  • Chen, Hsin-Yi
  • Chern, Wen S.
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    Abstract

    Results from an Ohio survey indicate that respondents are willing to pay a premium, ranging from 5% for non-GM vegetable oil to 28% for non-GM salmon. Estimated consumer willingness to pay for non-GM foods varies among demographic groups with female, those aged between 35 and 60, and non-White respondents willing to pay a higher premium than others.

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    File URL: http://purl.umn.edu/19758
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    Bibliographic Info

    Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2002 Annual meeting, July 28-31, Long Beach, CA with number 19758.

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    Date of creation: 2002
    Date of revision:
    Handle: RePEc:ags:aaea02:19758

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    Related research

    Keywords: Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Research and Development/Tech Change/Emerging Technologies;

    References

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    1. Buzby, Jean C. & Skees, Jerry R. & Ready, Richard C., 1995. "Chapter 12: USING CONTINGENT VALUATION TO VALUE FOOD SAFETY: A CASE STUDY OF GRAPEFRUIT AND PESTICIDE RESIDUES," Valuing Food Safety and Nutrition (1995), Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance, number 25972.
    2. Loehman, Edna & De, Vo Hu, 1982. "Application of Stochastic Choice Modeling to Policy Analysis of Public Goods: A Case Study of Air Quality Improvements," The Review of Economics and Statistics, MIT Press, vol. 64(3), pages 474-80, August.
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    Citations

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    Cited by:
    1. Loureiro, Maria L. & Hine, Susan, 2004. "Preferences and willingness to pay for GM labeling policies," Food Policy, Elsevier, vol. 29(5), pages 467-483, October.
    2. Paudel, Krishna P. & Timilsina, Govinda R., 2010. "Would There Be Surplus Grains for Biofuels? An Assessment of Agro-economic Factors and Biofuel Production Potential at the Global Level," Staff Papers 113125, Louisiana State University, Department of Agricultural Economics and Agribusiness.
    3. Caswell, Julie & Joseph, Siny, 2007. "Consumer Demand for Quality: Major Determinant for Agricultural and Food Trade in the Future?," Research Reports 149196, University of Connecticut, Food Marketing Policy Center.
    4. Ekanem, Enefiok P. & Muhammad, Safdar & Tegegne, Fisseha & Singh, Surendra P., 2003. "Producer And Consumer Preferences For Agricultural Biotechnology: The Case For Genetically Modified Foods," Journal of Food Distribution Research, Food Distribution Research Society, vol. 34(01), March.

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