On the Economics of Adulteration in Food Imports: Application to US Fish and Seafood Imports
AbstractThis essay shows the role of economics in the adulteration of food imports.The mechanism of impact in the model is the choice of input quality by exporting firms. One implication of the model is that conomic variables can be used to predict adulteration in food imports. The essay offers an application to US fish and seafood imports following the closing of fisheries in the Gulf of Mexico because of the Deepwater Horizon platform oil spill. Simulations show an increase in adulteration in fish and seafood imports after the Deepwater Horizon incident. Empirical evidence supports simulations' findings.
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Bibliographic InfoPaper provided by Structure and Performance of Agriculture and Agri-products Industry (SPAA) in its series Working Papers with number 148596.
Date of creation: Dec 2012
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Adulteration; Food Safety; Inspection; Trade; Institutional and Behavioral Economics; International Relations/Trade; Q18; F1; L15;
Find related papers by JEL classification:
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
- F1 - International Economics - - Trade
- L15 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance - - - Information and Product Quality
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