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Consumer Preferences for Fair Trade Foods: Implications for Trade Policy

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Author Info
Matthew C. Rousu
Jay R. Corrigan

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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://economics.kenyon.edu/corrigan/publications/Consumer%20Preferences%20for%20Fair%20Trade%20Foods.pdf
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Publisher Info
Paper provided by Kenyon College, Department of Economics in its series Working Papers with number 0803.

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Date of creation: May 2008
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Handle: RePEc:ken:wpaper:0803

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Web page: http://economics.kenyon.edu/
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