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SHOULD THE UNITED STATES REGULATE MANDATORY LABELING FOR GENETICALLY MODIFIED FOODS? AgEcon
Huffman, Wallace E.; Rousu, Matthew C.; Shogren, Jason F.; Tegene, Abebayehu.
Public debate continues over whether the United States should regulate genetically modified (GM) foods by imposing a mandatory labeling policy. This paper develops a model that shows that a voluntary GM-labeling policy results in higher welfare than a regulated mandatory GM-labeling policy, if consumers can accurately read the signals in each market. We then develop an experiment that shows consumers behave as if they can accurately identify signals for GM foods. Our model and results support the perspective that the United States has been prudent in fending off calls for regulations demanding a mandatory GM-labeling policy.
Tipo: Working or Discussion Paper Palavras-chave: Genetically modified foods; Mandatory labeling; Voluntary labeling; Laboratory auctions; Nth-price auction; Vegetable oil; Tortilla chips; Russet potatoes; Food Consumption/Nutrition/Food Safety; Research and Development/Tech Change/Emerging Technologies.
Ano: 2002 URL: http://purl.umn.edu/18215
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CONSUMER DEMAND FOR MANDATORY LABELING OF BEEF FROM CATTLE ADMINISTERED GROWTH HORMONES OR FED GENETICALLY MODIFIED CORN AgEcon
Lusk, Jayson L.; Fox, John A..
This study estimates the value of policies that would mandate labeling of beef from cattle produced with growth hormones or fed genetically modified corn. At no cost, 85 percent of resondents desired mandatory labeling of beef produced with growth hormones and 64 percent of respondents preferred mandatory labeling of beef fed genetically modified corn. Estimates suggest that consumers would be willing to pay 17.0 percent and 10.6 percent higher prices for beef on average to obtain information provided via mandatory labeling about whether the beef is from cattle produced with growth hormones or fed genetically modified corn, respectively.
Tipo: Journal Article Palavras-chave: Beef; Contingent valuation; Genetically modified foods; Growth hormones; Mandatory labeling; Demand and Price Analysis; Research and Development/Tech Change/Emerging Technologies.
Ano: 2002 URL: http://purl.umn.edu/15506
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