Influence of Socio-Psychological Factors on Consumer Willingness to Pay (WTP) for Organic Food Products
Lloyd J.S Baiyegunhi,
Sikhumbuzo E Mashabane and
Nonjabulo C Sambo
Journal of Economics and Behavioral Studies, 2018, vol. 10, issue 5, 208-219
Abstract:
This study evaluates consumers’ willingness to pay (WTP) a premium for organic vegetables and fruits in Pietermaritzburg metropolis, KwaZulu-Natal province, South Africa, using data collected from 210 consumers approached during their food shopping. The standard economic approach to valuation was extended by including psychological factors. The results from the empirical model show that psychological factors (behavioural control, attitude and subjective norms) exerted more influence on consumers’ WTP for organic products. In addition, socio-demographic factors such as gender, education, number of children in a household, high income and race, are statistically significant in explaining consumers’ WTP for organic food. Policy implications for advancement and improved promotion, sales and consumption of organic food products were discussed.
Date: 2018
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)
Downloads: (external link)
https://ojs.amhinternational.com/index.php/jebs/article/view/2510/1722 (application/pdf)
https://ojs.amhinternational.com/index.php/jebs/article/view/2510 (text/html)
Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
HTML/Text
Persistent link: https://EconPapers.repec.org/RePEc:rnd:arjebs:v:10:y:2018:i:5:p:208-219
DOI: 10.22610/jebs.v10i5(J).2510
Access Statistics for this article
More articles in Journal of Economics and Behavioral Studies from AMH International
Bibliographic data for series maintained by Muhammad Tayyab ().