Home  About us  Contact
 

Domestic Products (domestic + products)

Distribution by Scientific Domains
Business, Economics, Finance and Accounting50%

Selected Abstracts

The effect of respondents' nationality and familiarity with a product category on the importance of product attributes in consumer choice: Globalization and the evaluation of domestic and foreign products

JAPANESE PSYCHOLOGICAL RESEARCH, Issue 4 2001
Emmanuel Chéron
This study compared the perceptions of 376 Japanese and 191 Canadian consumers concerning the importance of different product attributes for categories of products at various stages of globalization. There was less multivariate statistical difference between the two countries for those products at a more advanced stage of globalization (consumer electronics and clothing vs. food). The joint effects of the degree of familiarity with the category of product and the country of the respondent on the importance of the product attributes were tested. The effect of familiarity was found to result in a significant statistical multivariate difference for the clothing category only. The observed statistical power of the effect of country of respondent confirmed that more statistical difference was apparent for the least globalized product. No multivariate significant statistical interaction was found between familiarity and country of respondent. Using a multi-attribute model, the evaluation of the three categories of product was computed for seven different countries of manufacture. Comparison of the total scores of each country for each product category for the Japanese and the Canadian samples confirmed that the most globalized product showed least difference in its evaluation between countries of manufacture. A well-known strong bias toward domestic products was, however, observed in both samples. [source]

Preference Mapping of Domestic/Imported Jasmine Rice for U.S.-Asian Consumers

JOURNAL OF FOOD SCIENCE, Issue 6 2002
S. Suwansri
ABSTRACT: Three domestic and 12 imported commercial Jasmine rice varieties were evaluated by a trained sensory panel and by 105 Asian families who live in the State of Arkansas. Results showed that consumers preferred imported over domestic products. According to consumers, the sensory characteristics most important to the acceptance of cooked Jasmine rice were, in order of decreasing importance, color, favor, aroma, stickiness, and hardness. Using descriptive data, we evaluated predictive models of Jasmine rice's overall acceptance. These models allowed us to identify important sensory characteristics that encouraged Asian consumers to accept Jasmine rice. Such characteristics included flavor (that is, aroma, aromatics, feeling factors, and aftertaste), texture, and visual attributes. Data collected here could be useful to the U.S. rice industry in developing an understanding of the drivers of Jasmine rice acceptance. [source]

A Coincident Index, Common Factors, and Monthly Real GDP,

OXFORD BULLETIN OF ECONOMICS & STATISTICS, Issue 1 2010
Roberto S. Mariano
Abstract The Stock,Watson coincident index and its subsequent extensions assume a static linear one-factor model for the component indicators. This restrictive assumption is unnecessary if one defines a coincident index as an estimate of monthly real gross domestic products (GDP). This paper estimates Gaussian vector autoregression (VAR) and factor models for latent monthly real GDP and other coincident indicators using the observable mixed-frequency series. For maximum likelihood estimation of a VAR model, the expectation-maximization (EM) algorithm helps in finding a good starting value for a quasi-Newton method. The smoothed estimate of latent monthly real GDP is a natural extension of the Stock,Watson coincident index. [source]

"Honey, Have You Seen Our Hamster?"

THE JOURNAL OF PRODUCT INNOVATION MANAGEMENT, Issue 3 2003
Consumer Evaluations of Autonomous Domestic Products
Several autonomous products have been launched in the marketplace in the past few years. These autonomous products do not need any human intervention but operate on their own. An example of such an autonomous product is the self-initiating, independent vacuum cleaner that determines when a floor or room needs to be vacuumed, and does the job by itself, returning to the charging station when it needs to recharge its battery. It is unclear, however, to what extent consumers appreciate this autonomy. Autonomous products take over tasks from the user, which leaves the user the opportunity to take part in other activities. However, consumers may also consider these products complex and the use and purchase of such products risky. In addition, people often show a desire for control and may be reluctant to hand over some control to autonomous products. The advantages of autonomous products may thus be partly compensated by several disadvantages. The present study aims to explain overall consumer appreciation for autonomous products by integrating the above-mentioned factors in a conceptual model. This conceptual framework was tested in an experiment (N=77). The results reveal that consumers perceive highly autonomous products as more risky and complex than less autonomous products. Perceived risk negatively influenced overall consumer appreciation whereas complexity did not affect consumers' appreciation. Relative advantage, however, compensates the negative effect of perceived risk on overall consumer appreciation. Also, contrary to our expectations, we found that people with a high desire for control perceive less risk. We conclude with managerial implications for developers and marketers of autonomous domestic products. [source]