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Consumer Acceptance Of Food Biotechnology: Willingness To Buy Genetically Modified Food Products

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Author Info
Hossain, Ferdaus
Onyango, Benjamin
Adelaja, Adesoji
Schilling, Brian
Hallman, William
Abstract

Biotechnology is often viewed as the defining technology for the future of food and agriculture with the potential to deliver a wide range of economic and health benefits. Public acceptance of genetically modified food products is a critical factor for this emerging technology. Using data from a national survey, this study examines public acceptance of food biotechnology by modeling consumers’' willingness to buy genetically modified foods. Empirical results suggest that younger, white, male and college educated individuals are more likely to accept food biotechnology. Public confidence in scientists, corporations, as well as government has significant effects on consumer acceptance of food biotechnology. While religious views influence consumer acceptance of food biotechnology, income and social/political orientations do not have significant effects. Empirical results indicate regional differences in the acceptance of genetically modified foods.

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File URL: http://purl.umn.edu/18169
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Publisher Info
Paper provided by Rutgers University, Food Policy Institute in its series Working Papers with number 18169.

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Date of creation: 2002
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Handle: RePEc:ags:rutfwp:18169

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Web page: http://www.foodpolicyinstitute.org/
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Keywords: Consumer/Household Economics;

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References listed on IDEAS
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  1. Lusk, Jayson L. & Daniel, M. Scott & Mark, Darrell R. & Lusk, Christine L., 2001. "Alternative Calibration And Auction Institutions For Predicting Consumer Willingess To Pay For Nongenetically Modified Corn Chips," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(01), July. [Downloadable!]
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  2. Moon, Wanki & Balasubramanian, Siva, 2001. "A Multi-Attribute Model Of Public Acceptance Of Genetically Modified Organisms," 2001 Annual meeting, August 5-8, Chicago, IL 20745, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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This page was last updated on 2009-12-26.


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