TY - RPRT AB - This article uses revealed preferences of consumers to study the consumer benefits from rBST-free and organic labeled milk. The article specifies and estimates a quadratic AIDS demand system model for different milk types using US supermarket scanner data. The introduction of rBST-free and organic milk is used to estimate consumer benefits, which are decomposed into two components, competitive and variety effects. Results show significant consumer benefits from organic milk and to a lesser extent from rBST-free milk. Based on the findings, we explore implications for present U.S. labeling standards. AU - Dhar, Tirtha AU - Foltz, Jeremy D. DA - 2004-06-15 DA - 2004-06-15 DO - 10.22004/ag.econ.201547 DO - doi ID - 201547 KW - Food Consumption/Nutrition/Food Safety KW - Research and Development/Tech Change/Emerging Technologies KW - Research Methods/Statistical Methods L1 - https://ageconsearch.umn.edu/record/201547/files/wp2003-2.pdf L2 - https://ageconsearch.umn.edu/record/201547/files/wp2003-2.pdf L4 - https://ageconsearch.umn.edu/record/201547/files/wp2003-2.pdf LA - eng LK - https://ageconsearch.umn.edu/record/201547/files/wp2003-2.pdf N2 - This article uses revealed preferences of consumers to study the consumer benefits from rBST-free and organic labeled milk. The article specifies and estimates a quadratic AIDS demand system model for different milk types using US supermarket scanner data. The introduction of rBST-free and organic milk is used to estimate consumer benefits, which are decomposed into two components, competitive and variety effects. Results show significant consumer benefits from organic milk and to a lesser extent from rBST-free milk. Based on the findings, we explore implications for present U.S. labeling standards. PY - 2004-06-15 PY - 2004-06-15 T1 - Milk by Any Other Name... Consumer Benefits from Labeled Milk TI - Milk by Any Other Name... Consumer Benefits from Labeled Milk UR - https://ageconsearch.umn.edu/record/201547/files/wp2003-2.pdf Y1 - 2004-06-15 T2 - FSWP T2 - 2003-02 ER -