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Consumers' willingness to pay for food products decreases when the food label indicates that a food product is produced with the aid of modern biotechnology. This bulletin presents empirical evidence on consumers' willingness to pay for biotech foods based on the presence or absence of labels...
Persistent link: https://www.econbiz.de/10005338947
With the controversy over genetically modified (GM) foods continuing to grow, there has been a major push for mandatory labeling of GM foods by consumer advocacy and environmental groups in the United States. These groups maintain that consumers would benefit from labels. Other groups think that...
Persistent link: https://www.econbiz.de/10005339006
Many countries require labeling for GM food products. These countries often have different levels of genetic modification that they will tolerate before a food product must be labeled as genetically modified. For example, the European Union and Australia allow up to one percent of any ingredient...
Persistent link: https://www.econbiz.de/10005513453
With the growing competition for Federal dollars, the land grant universities were asked to justify their budget to the Congress and the Office of Management and Budget using benefitcost analysis. The authors review previous studies of returns to agricultural research and present an analysis of...
Persistent link: https://www.econbiz.de/10010882090
Cost-effective extension strategies are needed to promote widespread adoption of agricultural technologies in developing countries. Integrated pest management (IPM) practices, for example, can offer economic, health, and environmental benefits but remain largely underused. This study evaluates...
Persistent link: https://www.econbiz.de/10010914255
A wealth of information exists on ex post returns to research investments for agriculture in the aggregate and for several agricultural commodity groups of commercial importance in the United States. Many of the investments made in agricultural research and, consequently, many of the allocative...
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The adoption of new technologies by farmers may impact the environment, and hence affect consumer welfare. This channel of impact is seldom assessed in the literature, especially when the production technologies adopted are not labeled on the consumption goods, and as a result are not directly...
Persistent link: https://www.econbiz.de/10011068732