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Consumers' Willingness to Pay for Biotech Foods in China

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Author Info
Lin, William
Somwaru, Agapi
Tuan, Francis
Huang, Jikun
Bai, Junfei
Abstract

Based on a large-scale consumer survey, this study employs a semi-double-bounded dichotomous choice model to estimate the mean willingness to pay (WTP) for biotech foods in China. The study also accounts for the effects of respondents' characteristics on the probability of purchasing biotech foods and WTP. Analyses focus on biotech soybean oil and insect-resistant biotech rice.

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Publisher Info
Paper provided by American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) in its series 2005 Annual meeting, July 24-27, Providence, RI with number 19569.

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Date of creation: 2005
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Handle: RePEc:ags:aaea05:19569

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Related research
Keywords: Biotech foods; willingness to pay; China; contingent valuation method; semi-double-bounded dichotomous choice model; Consumer/Household Economics;

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Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Kaneko, Naoya & Chern, Wen S., 2003. "Consumer Acceptance Of Genetically Modified Foods: A Telephone Survey," 2003 Annual meeting, July 27-30, Montreal, Canada 21999, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  2. Lin, William & Somwaru, Agapi & Tuan, Francis & Huang, Jikun & Bai, Junfei, 2004. "Consumer Attitudes Toward Biotech Foods in China," 2004 Annual meeting, August 1-4, Denver, CO 20359, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  3. Price, Gregory K. & Lin, William & Falck-Zepeda, Jose B. & Fernandez-Cornejo, Jorge, 2003. "Size And Distribution Of Market Benefits From Adopting Biotech Crops," Technical Bulletins 33562, United States Department of Agriculture, Economic Research Service. [Downloadable!]
  4. McCluskey, Jill J. & Grimsrud, Kristine M. & Ouchi, Hiromi & Wahl, Thomas I., 2003. "Consumer Response to Genetically Modified Food Products in Japan," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 32(2), October. [Downloadable!]
  5. Grimsrud, Kristine & McCluskey, Jill & Loureiro, Maria & Wahl, Thomas, 2002. "Consumer Attitudes Towards Genetically Modified Foods In Norway," 2002 Annual meeting, July 28-31, Long Beach, CA 19818, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  6. Lusk, Jayson, 2002. "Effects Of Cheap Talk On Consumer Willingness-To-Pay For Golden Rice," 2002 Annual meeting, July 28-31, Long Beach, CA 19597, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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