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Are Urban Consumers in China Ready to Accept Biotech Foods? AgEcon
Lin, William W.; Somwaru, Agapi; Tuan, Francis C.; Huang, Jikun; Bai, Junfei.
Based on a large-scale survey conducted in 11 large and small eastern cities in 2002, this study employs ordered probit models to estimate the effects of demographic and socio-economic variables on the likelihood of biotech food acceptance in China. This study also employs a dichotomous choice model to estimate consumers' mean willingness to pay (WTP) for biotech foods, including soybean oil and insect-resistant biotech rice. This survey reaffirms that Chinese urban consumers had a low awareness of biotechnology. Despite the low level of awareness, a great majority of respondents had favorable or neutral attitudes toward biotech foods. Only 5-15 percent was strongly or relatively opposed to biotech foods. Results from the models suggest that mid- and...
Tipo: Conference Paper or Presentation Palavras-chave: Biotech foods; Ordered probit model; Consumer acceptance; Willingness to pay; China; Consumer/Household Economics; Research and Development/Tech Change/Emerging Technologies; Q11; Q13.
Ano: 2006 URL: http://purl.umn.edu/25389
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Consumers' Willingness to Pay for Biotech Foods in China AgEcon
Lin, William W.; Somwaru, Agapi; Tuan, Francis C.; Huang, Jikun; Bai, Junfei.
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.
Tipo: Conference Paper or Presentation Palavras-chave: Biotech foods; Willingness to pay; China; Contingent valuation method; Semi-double-bounded dichotomous choice model; Consumer/Household Economics.
Ano: 2005 URL: http://purl.umn.edu/19569
Registros recuperados: 2
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