Consumer Valuation of Food Quality and Food Safety Attributes in Vietnam |
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| Authors: | Marcus Mergenthaler Katinka Weinberger Matin Qaim |
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| Institution: | Marcus Mergenthaler is a research associate in the Department of Agricultural Economics and Social Sciences (490b), University of Hohenheim, Stuttgart, Germany.;Katinka Weinberger is a scientist at the World Vegetable Center (AVRDC), Shanhua, Tainan, Taiwan.;Matin Qaim is a professor in the Department of Agricultural Economics and Rural Development, Georg-August-University of Göttingen, Göttingen, Germany. |
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| Abstract: | Food systems in developing countries are currently undergoing a profound transformation toward high-value products. Appropriate policies are needed to guide this transformation, presupposing good understanding of consumer preferences. We analyze consumers' valuation of different vegetable attributes in metropolitan areas of Vietnam, using contingent valuation techniques and a mediation framework for two specific examples. Consumers are willing to pay an average price premium of 60% for Chinese mustard that is free of chemical residues and of 19% for different convenience attributes of potatoes. Income levels and media have positive impacts on the willingness to pay, partly mediated through consumer perceptions. |
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