Genetically Modified Food Market Participation and Consumer Risk Perceptions: A Cross-Country Comparison
Document Type
Article
Journal/Book Title/Conference
Canadian Journal of Agricultural Economics
Volume
54
Issue
2
Publication Date
2006
First Page
289
Last Page
310
Abstract
As developing nations look to become more competitive in world agricultural markets, genetically modified (GM) crops are one avenue of pursuit. However, fears of primary export market loss, negative media attention, and adverse government regulations often hinder GM crop implementation and increase GM food risk perceptions among domestic consumers. In this study we analyze consumer surveys of GM food purchase propensity conducted in the developing countries of Romania and China. Through the examination of marginal effects and the drivers of purchase propensity, we find that in spite of demographic and psychographic similarities, consumer willingness to purchase GM foods is quite different between the two samples. Consumer preferences are largely dependent on risk perceptions, which are high in the Romanian sample, but low in the Chinese sample. Additionally, the effect of regressors on GM purchase propensity is invariant across foods in Romania, but distinctly different across foods in China, possibly due to the stated nutritional enhancement (vitamin A) in GM rice.
Recommended Citation
Curtis, K.R. and K. Moeltner, (2006). “Genetically Modified Food Market Participation and Consumer Risk Perceptions: A Cross-Country Comparison.” Canadian Journal of Agricultural Economics, 54(2), 289-310.