Economics

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Prairie Swine Centre is an affiliate of the University of Saskatchewan


Prairie Swine Centre is grateful for the assistance of the George Morris Centre in developing the economics portion of Pork Insight.

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Author(s): David L. Ortega, H. Holly Wang, Laping Wu
Publication Date: January 1, 2009
Reference: Contributed Paper prepared for presentation at the International Association of Agricultural Economists Conference, Beijing, China, August 16-22, 2009
Country: USA

Summary:

The objective of this study is to assess and measure consumers’ preferences and attitudes
towards U.S. pork. It was found that age had a negative effect on willingness to pay (WTP) for U.S. pork, relative to domestic or Chinese pork. It is plausible that older Chinese citizens are more reluctant to purchase foreign produced
goods because they are either less understanding of imported food products or due to nationalistic and patriotic reasons. The aggregate model also indicated that individuals that shop at international supermarkets have a higher willingness-to-pay for U.S. pork. The food safety variable is insignificant in the WTP model, indicating that consumers
have not established a clear link between U.S. pork and food safety issues.

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