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Impacts of pre-existing medical conditions on WTP for fortified rice in India

Author

Listed:
  • Jacob Manlove

    (Arkansas State University)

  • Adithya Gummadi

    (Arkansas State University)

Abstract

The use of food fortification to combat nutrient deficiencies has garnered popularity as it has proven to be a cost-effective strategy to combat and prevent many diseases and illnesses associated with nutrient deficiencies. This research aimed to examine the willingness to pay (WTP) of Indian consumers for fortified food products predicated on the addition of the nutrients Iron, Zinc, Folic Acid, Vitamin A, and Vitamin B. Additionally, the impact of pre-existing medical conditions on overall willingness to pay are evaluated. This study finds that Indian consumers are willing to pay more for fortified products. A pre-existing medical condition's impact was positively significant for those diagnosed with heart disease, diabetes and infertility. Based on the results and findings, this study proposes to further strengthen the understanding of food fortification and consumer's understanding of its health implications.

Suggested Citation

  • Jacob Manlove & Adithya Gummadi, 2024. "Impacts of pre-existing medical conditions on WTP for fortified rice in India," Economics Bulletin, AccessEcon, vol. 44(3), pages 804-812.
    • Handle: RePEc:ebl:ecbull:eb-23-00353
    as

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    File URL: http://www.accessecon.com/Pubs/EB/2024/Volume44/EB-24-V44-I3-P61.pdf
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    References listed on IDEAS

    as
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    3. Buckell, John & White, Justin S. & Shang, Ce, 2020. "Can incentive-compatibility reduce hypothetical bias in smokers’ experimental choice behavior? A randomized discrete choice experiment," Journal of choice modelling, Elsevier, vol. 37(C).
    Full references (including those not matched with items on IDEAS)

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    More about this item

    Keywords

    fortified food products; India; willingness-to-pay; WTP;
    All these keywords.

    JEL classification:

    • O1 - Economic Development, Innovation, Technological Change, and Growth - - Economic Development
    • D1 - Microeconomics - - Household Behavior

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