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Title: Consumers’ Valuation of GMO Segregation Programs in Japan
Authors: Matsumoto, Shigeru
Keywords: contingent valuation method
genetically modified organism segregation
JEL Codes: D12
Issue Date: 2006-04
Abstract: The contingent valuation method was used to elicit Japanese consumers’ willingness-to-pay for genetically modified organism (GMO) segregation programs. The results revealed that most consumers pay nonnegligible premiums for products produced under strict GMO-segregation programs. However, we found that the premium did not vary by the threshold level of GMO content in the product. We further found that a government certification did not increase the premium for GMO-segregation programs. Therefore, an additional mandatory regulation to reduce GMO contaminations would not be worthwhile because such a regulation would incur substantial enforcement costs.
Institution/Association: Journal of Agricultural and Applied Economics>Volume 38, Number 01, April 2006
Total Pages: 11
From Page: 201
To Page: 211
Collections:Volume 38, Number 01, April 2006

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