Lagerkvist, Carl-Johan
- Department of Economics, Swedish University of Agricultural Sciences
Abstract
The European Union has been relatively cautious about using biotechnology in food production. A label regime combined with the right of individual member states to ban introduction of new genetically modified (GM) strains means that GM food products in effect are banned in many countries. We show how it is possible to empirically test whether a ban can be motivated by reference to potential negative externalities. This is followed up by results from a choice experiment. We cannot reject the hypothesis of equal WTP for a ban and a labeling scheme.
Keywords
choice experiment; credence good; genetically modified
Published in
American Journal of Agricultural Economics
2007, volume: 89, number: 1, pages: 152-161
Publisher: BLACKWELL PUBLISHING
SLU Authors
UKÄ Subject classification
Food Science
Publication identifier
- DOI: https://doi.org/10.1111/j.1467-8276.2007.00969.x
Permanent link to this page (URI)
https://res.slu.se/id/publ/14081