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The Impact of Labeling Practices on Perceived Quality of GM Food Products: A Revealed Preferences Approach

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Author Info
Scatasta, Sara
Wesseler, Justus
Hobbs, Jill

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Abstract

This article contributes to the ongoing discussion about the impact of different labeling practices on the quality of genetically modified (GM) food products as perceived by the consumer. Thus far, many studies have adopted a stated preferences approach, finding that consumers have different willingness to pay for GM and non-GM products. This article offers an empirically tractable theoretical model that can be used easily to investigate the impact of GM labeling practices on the perceived quality of GM food products, making use of market data.

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Publisher Info
Paper provided by European Association of Agricultural Economists in its series 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark with number 24599.

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Date of creation: 2005
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Handle: RePEc:ags:eaae05:24599

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Related research
Keywords: consumer preferences; genetically modified food products; labeling; quality; variety; elasticity of substitution; Consumer/Household Economics; Q11; Q18; D12;

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    Other versions:
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  6. Jaskold Gabszewicz, J. & Thisse, J. -F., 1979. "Price competition, quality and income disparities," Journal of Economic Theory, Elsevier, vol. 20(3), pages 340-359, June. [Downloadable!] (restricted)
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  9. Shaked, Avner & Sutton, John, 1982. "Relaxing Price Competition through Product Differentiation," Review of Economic Studies, Blackwell Publishing, vol. 49(1), pages 3-13, January. [Downloadable!] (restricted)
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This page was last updated on 2009-11-26.

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