The market for traceability with applications to U.S. feeder cattle

James Mitchell, Glynn Tonsor and Lee Schulz

European Review of Agricultural Economics, 2021, vol. 48, issue 3, 447-476

Abstract: For voluntary traceability programs, a key interest for program designers and policymakers is how to encourage participation. We contend that participating in voluntary traceability can be viewed as a product characteristic, and thus serves as a source of product differentiation. We study the implicit market for traceability systems for the first known time. In our empirical example, we use stated choice experiments to link feeder cattle sellers and buyers through premiums and discounts for cattle traceability systems. Using results from discrete choice models, we simulate changes in traceability supply and demand in response to prices and policies. We find that cost-share policies might be an effective way of encouraging participation for feeder cattle sellers and could serve as an alternative to mandating traceability.

Keywords: identification; cattle markets; cost-share policy; traceability (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
http://hdl.handle.net/10.1093/erae/jbaa027 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:erevae:v:48:y:2021:i:3:p:447-476.

Ordering information: This journal article can be ordered from
https://academic.oup.com/journals

Access Statistics for this article

European Review of Agricultural Economics is currently edited by Timothy Richards, Salvatore Di Falco, Céline Nauges and Vincenzina Caputo

More articles in European Review of Agricultural Economics from Oxford University Press and the European Agricultural and Applied Economics Publications Foundation Oxford University Press, Great Clarendon Street, Oxford OX2 6DP, UK. Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().