Consumer Perceptions of Environmentally Friendly Products in New Foundland and Labrador
A stated-preference model was specified by a logit model to analyze consumers’ willingness-to-pay a five-per cent premium to purchase environmentally friendly products in Newfoundland and Labrador. Although the industry suffers from insufficient number of certified producers in the region, the findi...
Main Author: | |
---|---|
Format: | Text |
Language: | English |
Published: |
Unknown
2011
|
Subjects: | |
Online Access: | https://dx.doi.org/10.22004/ag.econ.139417 https://ageconsearch.umn.edu/record/139417 |
id |
ftdatacite:10.22004/ag.econ.139417 |
---|---|
record_format |
openpolar |
spelling |
ftdatacite:10.22004/ag.econ.139417 2023-05-15T17:22:05+02:00 Consumer Perceptions of Environmentally Friendly Products in New Foundland and Labrador Haghiri, Morteza Haghiri, Morteza 2011 https://dx.doi.org/10.22004/ag.econ.139417 https://ageconsearch.umn.edu/record/139417 en eng Unknown Consumer/Household Economics Environmental Economics and Policy Food Consumption/Nutrition/Food Safety article-journal Text ScholarlyArticle 2011 ftdatacite https://doi.org/10.22004/ag.econ.139417 2021-11-05T12:55:41Z A stated-preference model was specified by a logit model to analyze consumers’ willingness-to-pay a five-per cent premium to purchase environmentally friendly products in Newfoundland and Labrador. Although the industry suffers from insufficient number of certified producers in the region, the findings from the model reflect the existence of potential demands for environmentally friendly products. Results showed that survey respondents were willing to pay at least a five-per cent premium, as they believed pesticide residues would have negative impacts on their health conditions. In addition, being married, higher degree of education, knowledge about new methods of farming practices, such as integrated-pest management, and early adopters in trying newly introduced products were among the factors affecting consumer decisions in paying the premium. Text Newfoundland DataCite Metadata Store (German National Library of Science and Technology) Newfoundland |
institution |
Open Polar |
collection |
DataCite Metadata Store (German National Library of Science and Technology) |
op_collection_id |
ftdatacite |
language |
English |
topic |
Consumer/Household Economics Environmental Economics and Policy Food Consumption/Nutrition/Food Safety |
spellingShingle |
Consumer/Household Economics Environmental Economics and Policy Food Consumption/Nutrition/Food Safety Haghiri, Morteza Haghiri, Morteza Consumer Perceptions of Environmentally Friendly Products in New Foundland and Labrador |
topic_facet |
Consumer/Household Economics Environmental Economics and Policy Food Consumption/Nutrition/Food Safety |
description |
A stated-preference model was specified by a logit model to analyze consumers’ willingness-to-pay a five-per cent premium to purchase environmentally friendly products in Newfoundland and Labrador. Although the industry suffers from insufficient number of certified producers in the region, the findings from the model reflect the existence of potential demands for environmentally friendly products. Results showed that survey respondents were willing to pay at least a five-per cent premium, as they believed pesticide residues would have negative impacts on their health conditions. In addition, being married, higher degree of education, knowledge about new methods of farming practices, such as integrated-pest management, and early adopters in trying newly introduced products were among the factors affecting consumer decisions in paying the premium. |
format |
Text |
author |
Haghiri, Morteza Haghiri, Morteza |
author_facet |
Haghiri, Morteza Haghiri, Morteza |
author_sort |
Haghiri, Morteza |
title |
Consumer Perceptions of Environmentally Friendly Products in New Foundland and Labrador |
title_short |
Consumer Perceptions of Environmentally Friendly Products in New Foundland and Labrador |
title_full |
Consumer Perceptions of Environmentally Friendly Products in New Foundland and Labrador |
title_fullStr |
Consumer Perceptions of Environmentally Friendly Products in New Foundland and Labrador |
title_full_unstemmed |
Consumer Perceptions of Environmentally Friendly Products in New Foundland and Labrador |
title_sort |
consumer perceptions of environmentally friendly products in new foundland and labrador |
publisher |
Unknown |
publishDate |
2011 |
url |
https://dx.doi.org/10.22004/ag.econ.139417 https://ageconsearch.umn.edu/record/139417 |
geographic |
Newfoundland |
geographic_facet |
Newfoundland |
genre |
Newfoundland |
genre_facet |
Newfoundland |
op_doi |
https://doi.org/10.22004/ag.econ.139417 |
_version_ |
1766108398822096896 |