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Consumer Acceptance of Genetically Modified Foods in South Korea: Factor and Cluster Analysis AgEcon
Onyango, Benjamin M.; Govindasamy, Ramu; Hallman, William K.; Jang, Ho-Min; Puduri, Venkata S..
This study extends biotechnology discourse to cover South Korea in the Asian sub-continent showing a marked difference in perceptions between traditional and GM foods. Factor analysis suggests South Koreans may treat foods that are locally produced and those with no artificial flavors or colorings preferentially to GM foods. Additionally, South Koreans have concerns about perceived risks related to biotechnology, and, given a choice, they may pay more to avoid GM foods. Cluster analysis results yielded four consumer segments: (a) ardent supporters of the attribute of “naturalness” in foods, (b) those apprehensive about biotechnology, (c) the food adventurous, and (d) information seekers about biotechnology.
Tipo: Journal Article Palavras-chave: Consumer perceptions; Factor and cluster analysis; Food attributes; Genetic modification; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety.
Ano: 2006 URL: http://purl.umn.edu/57700
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Contingent Valuation of Consumers’ Willingness-to-Pay for Organic Food in Argentina AgEcon
Rodriguez, Elsa M.; Lacaze, Maria Victoria; Lupin, Beatriz.
Throughout these last years, organic agriculture has undergone a remarkable expansion due, among other things, to the greater interest shown by consumers aware of food safety concerns involving real or perceived quality risks [1]. This paper aims to estimate consumers’ willingness to pay (WTP) for organic food products available in the Argentinean domestic market, with a view to providing some useful insights to gain support and outline strategies for promotion of organic production, marketing, regulation, and labelling programs of organic food products. A Binomial Multiple Logistic Regression model is estimated with data from a food consumption survey conducted in Buenos Aires city, Argentina, in April 2005. The Contingent Valuation Method was chosen in...
Tipo: Conference Paper or Presentation Palavras-chave: Willingness-to-pay; Food attributes; Organics; Demand and Price Analysis.
Ano: 2008 URL: http://purl.umn.edu/43947
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Interaction Between Food Attributes in Markets: The Case of Environmental Labeling AgEcon
Grolleau, Gilles; Caswell, Julie A..
Some consumers derive utility from using products produced with specific processes, such as environmentally friendly practices. Means of verifying these credence attributes, such as certification, are necessary for the market to function effectively. A substitute or complementary solution may exist when consumers perceive a relationship between a process attribute and other verifiable product attributes. We present a model where the level of search and experience attributes influences the likelihood of production of eco-friendly products. Our results suggest that the market success of eco-friendly food products requires a mix of environmental and other verifiable attributes that together signal credibility.
Tipo: Journal Article Palavras-chave: Environmental labeling; Food attributes; Food marketing; Quality perception; Food Consumption/Nutrition/Food Safety.
Ano: 2006 URL: http://purl.umn.edu/8636
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