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Assuring the quality of food products, especially their safety and nutrition levels, is an increasing focus for governments, companies, and international trade bodies. In choosing quality assurance programs, public and private decision‐makers must assess the benefits and costs of expected...
Persistent link: https://www.econbiz.de/10009398775
In May 1994, new nutrition labeling regulations went into effect in the United States requiring mandatory disclosure of information on the nutritional content of foods. This article uses Grossman's model of totally effective quality signaling to evaluate whether markets were effective in...
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Interfirm contact through membership on boards of directors is a means of increasing the expertise and information available in firm decision making. Data for a sample of 455 U.S. firms in 1976 show that levels of such contact varied widely among 212 large agribusinesses. Corporate firms in the...
Persistent link: https://www.econbiz.de/10009368304
Under the North American Free Trade Agreement (NAFTA), there has been a dramatic increase in the integration of markets for live cattle and beef products in Canada, Mexico, and the United States. These markets were severely disrupted in 2003 by the confirmation of single cases of bovine...
Persistent link: https://www.econbiz.de/10010613725
A survey of the fresh-cut produce industry (e.g., bagged salads, baby carrots, stir-fry mixes, cut-fruit mixes) shows firms' motivation to adopt quality management systems and the effects of implementation on firms and their relationships with suppliers and customers. Data from surveyed members...
Persistent link: https://www.econbiz.de/10010613761
Mandatory Country of Origin Labeling (MCOOL) was implemented on seafood in the United States on April 4, 2005. MCOOL exempts the foodservice sector and excludes processed seafood from labeling. This paper contributes to understanding the economics of the MCOOL law for seafood by showing that...
Persistent link: https://www.econbiz.de/10008631370
The impact of consumer demand for quality on the agricultural and food system is an increased emphasis on quality differentiation but not all in the direction of upgrading quality. The more elite market segments are thriving and reaching growing numbers of consumers but the basic price/quality...
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