Consumption effects of genetic modification: what if consumers are right?
This paper develops a model of differentiated consumers to examine the consumption effects of genetic modification (GM) under alternative labeling regimes and segregation enforcement scenarios. Analytical results show that if consumers perceive GM products as being different than their traditional c...
| Autores principales: | , |
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| Formato: | Artículo preliminar |
| Lenguaje: | Inglés |
| Publicado: |
International Food Policy Research Institute
2000
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| Materias: | |
| Acceso en línea: | https://hdl.handle.net/10568/155695 |
| _version_ | 1855513076830306304 |
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| author | Giannakas, Konstantinos Fulton, Murray |
| author_browse | Fulton, Murray Giannakas, Konstantinos |
| author_facet | Giannakas, Konstantinos Fulton, Murray |
| author_sort | Giannakas, Konstantinos |
| collection | Repository of Agricultural Research Outputs (CGSpace) |
| description | This paper develops a model of differentiated consumers to examine the consumption effects of genetic modification (GM) under alternative labeling regimes and segregation enforcement scenarios. Analytical results show that if consumers perceive GM products as being different than their traditional counterparts, genetic modification affects consumer welfare and, thus, consumption decisions. When the existence of market imperfections in one or more stages of the supply chain prevents the transmission of cost savings associated with the new technology to consumers, genetic modification results in welfare losses for consumers. The analysis shows that the relative welfare ranking of the “no labeling” and “mandatory labeling” regimes depends on: (i) the level of consumer aversion to genetic modification, (ii) the size of marketing and segregation costs under mandatory labeling; (iii) the share of the GM product to total production; and (iv) the extent to which GM products are incorrectly labeled as non-GM products. |
| format | Artículo preliminar |
| id | CGSpace155695 |
| institution | CGIAR Consortium |
| language | Inglés |
| publishDate | 2000 |
| publishDateRange | 2000 |
| publishDateSort | 2000 |
| publisher | International Food Policy Research Institute |
| publisherStr | International Food Policy Research Institute |
| record_format | dspace |
| spelling | CGSpace1556952025-11-06T05:00:49Z Consumption effects of genetic modification: what if consumers are right? Giannakas, Konstantinos Fulton, Murray consumers genetically modified organisms economic aspects foods consumption This paper develops a model of differentiated consumers to examine the consumption effects of genetic modification (GM) under alternative labeling regimes and segregation enforcement scenarios. Analytical results show that if consumers perceive GM products as being different than their traditional counterparts, genetic modification affects consumer welfare and, thus, consumption decisions. When the existence of market imperfections in one or more stages of the supply chain prevents the transmission of cost savings associated with the new technology to consumers, genetic modification results in welfare losses for consumers. The analysis shows that the relative welfare ranking of the “no labeling” and “mandatory labeling” regimes depends on: (i) the level of consumer aversion to genetic modification, (ii) the size of marketing and segregation costs under mandatory labeling; (iii) the share of the GM product to total production; and (iv) the extent to which GM products are incorrectly labeled as non-GM products. 2000 2024-10-24T12:42:26Z 2024-10-24T12:42:26Z Working Paper https://hdl.handle.net/10568/155695 en Open Access application/pdf International Food Policy Research Institute Giannakas, Konstantinos; Fulton, Murray. 2000. Consumption effects of genetic modification: what if consumers are right? EPTD Discussion Paper 69. https://hdl.handle.net/10568/155695 |
| spellingShingle | consumers genetically modified organisms economic aspects foods consumption Giannakas, Konstantinos Fulton, Murray Consumption effects of genetic modification: what if consumers are right? |
| title | Consumption effects of genetic modification: what if consumers are right? |
| title_full | Consumption effects of genetic modification: what if consumers are right? |
| title_fullStr | Consumption effects of genetic modification: what if consumers are right? |
| title_full_unstemmed | Consumption effects of genetic modification: what if consumers are right? |
| title_short | Consumption effects of genetic modification: what if consumers are right? |
| title_sort | consumption effects of genetic modification what if consumers are right |
| topic | consumers genetically modified organisms economic aspects foods consumption |
| url | https://hdl.handle.net/10568/155695 |
| work_keys_str_mv | AT giannakaskonstantinos consumptioneffectsofgeneticmodificationwhatifconsumersareright AT fultonmurray consumptioneffectsofgeneticmodificationwhatifconsumersareright |