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ARE U.S. CONSUMERS TOLERANT OF GM FOODS?

Matthew C. Rousu, Wallace Huffman, Jason Shogren and Abebayehu Tegene

No 18227, Working Papers from Iowa State University, Department of Economics

Abstract: Genetically modified (GM) foods have caused many controversies. One important controversy relates to tolerance - the impurity rate that is tolerated before a commodity must be labeled as genetically modified. Currently, the United States does not have a specific tolerance or threshold level for GM foods. This paper uses experimental auctions to determine consumers' acceptance of non-GM foods with zero, 1 percent, and 5 percent tolerance for genetically modified material. Our results indicate that consumers would pay less for food that tolerates GM material, but the discount is not significantly different for foods with 1-percent and 5-percent GM content.

Keywords: Food Consumption/Nutrition/Food Safety; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 31
Date: 2002
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (1)

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Working Paper: ARE US CONSUMERS TOLERANT OF GM FOODS? (2002) Downloads
Working Paper: Are U.S. Consumers Tolerant of GM Foods? (2002) Downloads
Working Paper: Are U.S. Consumers Tolerant of GM Foods? (2002) Downloads
Working Paper: Are U.S. Consumers Tolerant of GM Foods? (1009)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:genres:18227

DOI: 10.22004/ag.econ.18227

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