@article{Elnagheeb:173036,
      recid = {173036},
      author = {Elnagheeb, Abdelmoneim H. and Florkowski, Wojciech J. and  Huang, Chung-Liang and Halbrendt, Catherine},
      title = {Willingness to pay for pST-treated pork},
      journal = {Agricultural Economics: The Journal of the International  Association of Agricultural Economists},
      address = {1992-12},
      number = {968-2016-75458},
      pages = {12},
      year = {1992},
      abstract = {The progress in porcine somatotropin (pST) application  justified an assessment of
consumer acceptance of  pST-treated pork. A survey of the Atlanta metropolitan  area, USA,
collected information about consumer attitudes  toward lean pork produced with biotechnologically
developed  pST. A qualitative dependent variable model was used to  identify
socioeconomic consumer characteristics influencing  the willingness to pay for lean pork.
The model was  modified to account for the selectivity bias of the sample  data.
Results indicate that frequent pork consumers were  willing to pay more for lean pork
produced using pST in  contrast to respondents who frequently ate beef, were  older, and had
relatively high income.
Probabilities  associated with the willingness to pay a specific premium  were calculated.
In general, the average respondent was  willing to pay an additional 18ยข per kg of lean  pork
produced using pST.},
      url = {http://ageconsearch.umn.edu/record/173036},
      doi = {https://doi.org/10.22004/ag.econ.173036},
}