Socioeconomic determinants of the consumption of ecological products in Quito
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Abstract
This work analyzes the socioeconomic determinants of the concumption of organic and ecological products in Quito. We conducted a survey among the buyers of an agroecological fair, which takes place in “La Carolina Park”. For the analysis, we used a linear regression following an ordinary least squares approach (OLS). The results show that persons with higher incomes and higher endowments of education spend more on agroecological products. In the light of these results, policies should be oriented to increase the offer and the demand of ecological products should focus on 1) support and promote ecological production with the aim of reducing production costs and he final Price, and 2) disseminate the benefits and advantages of consuming ecological products among the segments of the population with low levels of income and schooling.
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