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Consumer Demand for Quality: Major Determinant for Agricultural and Food Trade in the Future? 31
Caswell, Julie A.; Joseph, Siny.
The impact of consumer demand for quality on the agricultural and food system is an increased emphasis on quality differentiation but not all in the direction of upgrading quality. The more elite market segments are thriving and reaching growing numbers of consumers but the basic price/quality markets remain strong. Most recent economic studies find that consumers are willing to pay for food safety and other quality attributes, and for information about them. The magnitude of the valuations varies by food product, attribute, country, and study design. This literature and a case study of genetically modified foods suggest that consumer demand has a strong effect on agricultural and food trade.
Tipo: Working or Discussion Paper Palavras-chave: Food quality; Food safety; Consumer demand; Willingness to pay; International trade; Demand and Price Analysis; Food Consumption/Nutrition/Food Safety; D12; L15; Q18.
Ano: 2007 URL: http://purl.umn.edu/7390
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Effectiveness of COOL in the U.S. Seafood Industry 31
Joseph, Siny; Lavoie, Nathalie.
Replaced with revised version of paper 06/10/08
Tipo: Conference Paper or Presentation Palavras-chave: International Relations/Trade; Livestock Production/Industries.
Ano: 2008 URL: http://purl.umn.edu/6260
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Partial Implementation of COOL: Economic Effects in the U.S. Seafood Industry 31
Joseph, Siny; Lavoie, Nathalie; Caswell, Julie A..
Mandatory Country of Origin Labeling (MCOOL) was implemented on seafood in the United States on April 4, 2005. MCOOL exempts the foodservice sector and excludes processed seafood from labeling. This paper contributes to understanding the economics of the MCOOL law for seafood by showing that current partial implementation may have unintended consequences on the domestic supply chain. While labeling satisfies the market demand for information provision in one market, exemptions in the other market may create incentives for the diversion of imports, which are assumed to be lower in quality than domestic seafood, to the non-labeled sector. Analyzing alternate scenarios such as voluntary labeling shows that total welfare may be greatest under this scenario...
Tipo: Working or Discussion Paper Palavras-chave: Country of origin labeling; Product differentiation; Information asymmetry; Seafood; Agricultural and Food Policy; Consumer/Household Economics; Food Consumption/Nutrition/Food Safety; Marketing; L15; L22; Q18.
Ano: 2009 URL: http://purl.umn.edu/55921
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