TY - JOUR
T1 - Consumers' trust in government and their attitudes towards genetically modified food
T2 - empirical evidence from China
AU - Qiu, Huanguang
AU - Huang, Jikun
AU - Pray, Carl
AU - Rozelle, Scott
N1 - Funding Information:
The authors acknowledge the financial support of the National Natural Science Foundation of China (40921140410 and 71073154), Newton International Fellowship of UK, and Economic Research Service of USDA. We thank Dr Francis Tuan and Dr William Lin for their valuable comments.
PY - 2012/2
Y1 - 2012/2
N2 - Understanding the determinants of consumers' acceptance towards genetically modified food (GMF) is critically important for the biotechnology industry. Based on a unique data set collected by the authors in 2002 and 2003 in 11 cities of China, an econometric model of consumers' acceptance of GMF is estimated. The results show that consumers' acceptance of GMF is high in urban China and consumers' trust in government has a significantly positive effect on consumers' acceptance of GMF. Our study also shows that failure to consider the endogeneity of consumers' trust in government will lead to serious underestimation of its impacts on consumers' acceptance of GMF. This is, to the best of our knowledge, the first study on the impact of consumers' trust in government with consideration of the endogenous problems that often are encountered in consumer perception studies.
AB - Understanding the determinants of consumers' acceptance towards genetically modified food (GMF) is critically important for the biotechnology industry. Based on a unique data set collected by the authors in 2002 and 2003 in 11 cities of China, an econometric model of consumers' acceptance of GMF is estimated. The results show that consumers' acceptance of GMF is high in urban China and consumers' trust in government has a significantly positive effect on consumers' acceptance of GMF. Our study also shows that failure to consider the endogeneity of consumers' trust in government will lead to serious underestimation of its impacts on consumers' acceptance of GMF. This is, to the best of our knowledge, the first study on the impact of consumers' trust in government with consideration of the endogenous problems that often are encountered in consumer perception studies.
KW - China
KW - consumers' attitude
KW - genetically modified food
KW - trust in government
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U2 - 10.1080/14765284.2012.638471
DO - 10.1080/14765284.2012.638471
M3 - Article
AN - SCOPUS:84863161553
SN - 1476-5284
VL - 10
SP - 67
EP - 87
JO - Journal of Chinese Economic and Business Studies
JF - Journal of Chinese Economic and Business Studies
IS - 1
ER -