The Impact Of Socio-Demographic Factors And Political Perceptions On Consumer Attitudes Towards Genetically Modified Foods: An Econometric Investigation
This survey-based paper investigates the impact of socio-demographic factors, along with political perceptions, as expressed by attitudes towards globalization, on consumer attitudes towards GM foods, in Greece. Different aspects of consumer attitudes regarding GM foods are examined, such as general preference, banning, labeling, intention to purchase them at a sufficiently low price, the nutritional category of food product and the proximity of the genetic modification to the final product. Econometric analysis using Logit and Probit models was conducted. Estimates clearly show that in general, attitudes towards GM foods are not affected by socio-demographic characteristics. However, political perceptions are a significant influential factor.
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