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The impact of changes in income distribution on food demand in the urban Jiangsu province of China is estimated in this study. Findings suggest that changes in income distribution have a considerable impact on the demand for individual food commodity groups. Therefore, given that a significant...
Persistent link: https://www.econbiz.de/10008508931
In a survey of UK consumers, we elicited their willingness to accept (WTA) a discount for GM foods and willingness to pay (WTP) a premium for non-GM foods in order to assess their valuation on the non-GM characteristic in food products. Mean WTA is found to exceed mean WTP, suggesting the...
Persistent link: https://www.econbiz.de/10005330434
A two-stage decision model is developed to assess the effect of perceived soy health benefits on consumers' decisions with respect to soy food. The first stage captures whether or not to consume soy food, while the second stage reflects how often to consume. A conceptual/analytical framework is...
Persistent link: https://www.econbiz.de/10005330443