Modelling the trade impacts of willingness to pay for genetically modified food

Abstract

The research had two objectives: first, to examine New Zealanders' intentions to purchase and willingness to pay for several specific genetically modified (GM) food products; and second, to use these results as input for a model of international trade to estimate potential impacts from trade on New Zealand. For the first part, a nationwide survey was administered and the resultant data analysed. The second part required using the results of the data analysis to estimate consumer and producer impacts of GM crops and the best adoption rate of GM crops for New Zealand agriculture, all of which became inputs for the trade model.