HEALTH VALUE IN FOOD SAFETY SURVEILLANCE INITIATIVES

Amanor-Boadu, Vincent, David Mowat and Michael A. Boland ()

No 35225, 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama from Southern Agricultural Economics Association

Abstract: Recognizing the increasing concern about the potential health effects of genetically modified foods, this research provides a framework for economic value of monitoring genetically modified food for their potential long-term human health effects. This is with the view of helping policy makers improve resource allocation decisions in the face of competing public health initiatives. Using a hypothetical population exposed to a hypothetical product, we estimate the health value associated with a post-market surveillance initiative. The analysis indicate that the principal challenge confronting decision makers in the implementation of post-market surveillance initiatives is prioritising products for monitoring given the uncertainty associated with outcomes and effects.

Keywords: Food Consumption/Nutrition/Food Safety (search for similar items in EconPapers)
Date: 2003
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