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Consumer Preferences for Fair Trade Foods: Implications for Trade Policy

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Author Info

  • Rousu, Matthew C.
  • Corrigan, Jay R.

Abstract

Policymakers are considering including stricter standards in international trade agreements. Using auctions to assess preferences, we find that the median consumer places no premium on fair trade foods produced under more stringent labor and environmental standards. This indicates that current trade policies may be preferable to U.S. consumers.

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File URL: http://purl.umn.edu/94657
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Bibliographic Info

Article provided by Agricultural and Applied Economics Association in its journal Choices.

Volume (Year): 23 (2008)
Issue (Month): 2 ()
Pages:

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Handle: RePEc:ags:aaeach:94657

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Related research

Keywords: Food Consumption/Nutrition/Food Safety; International Relations/Trade; Q18; Q51 Effects;

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Cited by:
  1. Corrigan, Jay R. & Rousu, Matthew C., 2008. "Testing Whether Field Auction Experiments Are Demand Revealing in Practice," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 33(2), August.
  2. Corrigan, Jay R. & Rousu, Matthew C., 2011. "Do Practice Rounds Bias Experimental Auction Results?," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103707, Agricultural and Applied Economics Association.

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