Consumer Acceptance and Willingness to Pay for Genetically Modified Vegetable Oil and Salmon: A Multiple-Country Assessment (8/15/2003) The objective of this paper is to estimate the consumer willingness to pay (WTP) for selected genetically modified (GM) foods in Japan, Norway, Taiwan, and the United States. Our survey results reveal that there are notable differences in the attitude and perception of GM foods across these countries. Consumers are willing to pay substantial premiums for non-GM foods (vegetable oil and salmon) in order to avoid GM counterparts. These premiums may exceed 50% of the discounted prices of GM foods.
Eat, drink and be wary (8/15/2003) Last January, inspectors with the U.S. Food and Drug Administration paid a visit to the University of Illinois, where researchers have been studying the DNA of pigs. The pig project, based in Champaign-Urbana, is one of dozens of experiments being conducted across the country in which scientists are altering the genetic structure of animals in hopes of making them fatter, healthier, and more profitable.
Indian soyameal exports may gain on EU regs for GM crops (8/12/2003) Business Line via NewsEdge Corporation : Mumbai, Aug. 7. DOES India have anything to learn or can India seek a business opportunity from European Union's new norms for genetically-modified (GM) food, feed and ingredients?
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