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Information Policy And Genetically Modified Food: Weighing The Benefits And Costs

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  • Teisl, Mario F.
  • Caswell, Julie A.

Abstract

The labeling of genetically modified foods (GMFs) is the topic of a debate that could dramatically alter the structure of the U.S. and international food industry. The current lack of harmonization of policy across countries makes GMF labeling an international trade issue. The U.S. and Canada do not require GMFs to be labeled unless the GMF is significantly different than the conventional food or the GMF presents a health concern. However, many other countries are requiring GMFs to be labeled. This paper discusses empirical work on the sources and magnitude of benefits and costs from labeling programs, with particular emphasis on the impact of the design of the labeling program on benefits and costs.

Suggested Citation

  • Teisl, Mario F. & Caswell, Julie A., 2003. "Information Policy And Genetically Modified Food: Weighing The Benefits And Costs," Working Paper Series 14534, University of Massachusetts, Amherst, Department of Resource Economics.
    • Handle: RePEc:ags:umamwp:14534
    DOI: 10.22004/ag.econ.14534
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    Cited by:

    1. Gawron, J.-C. & Theuvsen, L., 2008. "Kosten der Verarbeitung gentechnisch veränderter Organismen: Eine Analyse am Beispiel der Raps- und Maisverarbeitung," Proceedings “Schriften der Gesellschaft für Wirtschafts- und Sozialwissenschaften des Landbaues e.V.”, German Association of Agricultural Economists (GEWISOLA), vol. 43, March.
    2. Mojduszka, Eliza M., 2004. "Private And Public Food Safety Control Mechanisms: Interdependence And Effectiveness," 2004 Annual meeting, August 1-4, Denver, CO 19987, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. Deaton, Brady J., Jr. & Hoehn, John P., 2003. "Information As A Double-Edge Sword: Implications For Food Standards And Labels," 2003 Annual meeting, July 27-30, Montreal, Canada 22235, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    4. Moschini, GianCarlo & Lapan, Harvey E., 2005. "Labeling Regulations and Segregation of First- And Second-Generation Genetically Modified Products: Innovation Incentives and Welfare Effects," Staff General Research Papers Archive 12275, Iowa State University, Department of Economics.
    5. Gawron, Jana-Christina & Theuvsen, Ludwig, 2007. "Costs of Processing Genetically Modified Organisms: Analysis of the Rapeseed and Corn Industries," 47th Annual Conference, Weihenstephan, Germany, September 26-28, 2007 7601, German Association of Agricultural Economists (GEWISOLA).
    6. Chang, Ching-Cheng & Hsu, Shih-Hsun & Wu, Chia-Hsuan, 2004. "An Economy-Wide Analysis Of Gm Food Labeling Policies In Taiwan," 2004 Annual meeting, August 1-4, Denver, CO 19929, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    7. Bodo Steiner & Fei Gao & Jim Unterschultz, 2010. "Alberta Consumers’ Valuation of Extrinsic and Intrinsic Red Meat Attributes: A Choice Experimental Approach," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 58(2), pages 171-189, June.

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    More about this item

    Keywords

    Food Consumption/Nutrition/Food Safety; Research and Development/Tech Change/Emerging Technologies;

    JEL classification:

    • F10 - International Economics - - Trade - - - General
    • L50 - Industrial Organization - - Regulation and Industrial Policy - - - General
    • Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General

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