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Journal of Agricultural and Applied Economics >
Volume 38, Number 01, April 2006 >
Please use this identifier to cite or link to this item:
http://purl.umn.edu/43760
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| Title: | Consumers’ Valuation of GMO Segregation Programs in Japan |
| Authors: | Matsumoto, Shigeru |
| Keywords: | contingent valuation method genetically modified organism segregation willingness-to-pay |
| JEL Codes: | D12 M31 Q13 Q18 |
| 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. |
| URI: | http://purl.umn.edu/43760 |
| 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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