Article
Should the United States Regulate Mandatory Labeling for Genetically Modified Foods?
Economics Working Papers (2002–2016)
Document Type
Working Paper
Publication Date
10-28-2002
Working Paper Number
WP #02013, October 2002
Abstract
Public debate continues over whether the United States should regulate genetically modified (GM) foods by imposing a mandatory labeling policy. This paper develops a model that shows that a voluntary GM- labeling policy results in higher welfare than a regulated mandatory GMlabeling policy, if consumers can accurately read the signals in each market. We then develop an experiment that shows consumers behave as if they can accurately identify signals for GM foods. Our model and results support the perspective that the United States has been prudent in fending off calls for regulations demanding a mandatory GM- labeling policy.
Disciplines
File Format
application/pdf
Length
46 pages
Citation Information
Wallace Huffman, Matthew Rousu, Jason F. Shogren and Abebayehu Tegene. "Should the United States Regulate Mandatory Labeling for Genetically Modified Foods?" (2002) Available at: http://works.bepress.com/wallace-huffman/95/