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The Cost of a GMO-Free Market Basket of Food in the US

In: The Coexistence of Genetically Modified, Organic and Conventional Foods

Author

Listed:
  • Barry K. Goodwin

    (North Carolina State University)

  • Michele Marra

    (North Carolina State University)

  • Nicholas Piggott

    (North Carolina State University)

Abstract

While there seems to be little lingering doubt about the yield increases brought about by GM crops, much less is known about the extent to which consumer concern about GMOs translate into price and food expenditure effects. This chapter presents an analysis of the relative prices of food items and expenditures on food products with and without GM ingredients at the consumer level.

Suggested Citation

  • Barry K. Goodwin & Michele Marra & Nicholas Piggott, 2016. "The Cost of a GMO-Free Market Basket of Food in the US," Natural Resource Management and Policy, in: Nicholas Kalaitzandonakes & Peter W.B. Phillips & Justus Wesseler & Stuart J. Smyth (ed.), The Coexistence of Genetically Modified, Organic and Conventional Foods, pages 363-378, Springer.
    • Handle: RePEc:spr:nrmchp:978-1-4939-3727-1_28
    DOI: 10.1007/978-1-4939-3727-1_28
    as

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