ECONOMIC EFFECTS OF PURITY STANDARDS IN BIOTECH LABELING LAWS

Konstantinos Giannakas () and Nicholas G. Kalaitzandonakes

No 19393, 2005 Annual meeting, July 24-27, Providence, RI from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper develops a model of heterogeneous consumer preferences to analyze the market and welfare effects of reduced purity standards for non-GM labeled food. Analytical results show that purity standards affect the equilibrium prices and quantities of both the GM and non-GM products as well as the welfare of the groups involved. A change in purity standards is shown to create winners and losers among the consumers as well as among the suppliers of the GM and conventional products.

Keywords: Consumer/Household; Economics (search for similar items in EconPapers)
Pages: 28
Date: 2005
References: Add references at CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/19393/files/sp05gi01.pdf (application/pdf)

Related works:
Journal Article: Economic Effects of Purity Standards in Biotech Labeling Laws (2011)
Working Paper: The Economic Effects of Purity Standards in Biotech Labeling Laws (2011)
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:ags:aaea05:19393

DOI: 10.22004/ag.econ.19393

Access Statistics for this paper

More papers in 2005 Annual meeting, July 24-27, Providence, RI from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association) Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().