The Impact Of Socio-Demographic Factors And Political Perceptions On Consumer Attitudes Towards Genetically Modified Foods: An Econometric Investigation
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This survey-based paper investigates the impact of socio-demographic factors, along
with political perceptions, as expressed by attitudes towards globalization, on consumer
attitudes towards GM foods, in Greece. Different aspects of consumer attitudes regarding
GM foods are examined, such as general preference, banning, labeling, intention to
purchase them at a sufficiently low price, the nutritional category of food product and
the proximity of the genetic modification to the final product. Econometric analysis
using Logit and Probit models was conducted. Estimates clearly show that in general,
attitudes towards GM foods are not affected by socio-demographic characteristics.
However, political perceptions are a significant influential factor.