000020370 001__ 20370
000020370 005__ 20180122201715.0
000020370 037__ $$a377-2016-20910
000020370 041__ $$aen
000020370 245__ $$aConsumer benefits of labels and bans on genetically modified food - An empirical analysis using Choice Experiments
000020370 260__ $$c2004
000020370 269__ $$a2004
000020370 270__ $$mFredrik.Carlsson@economics.gu.se$$pCarlsson,   Fredrik
000020370 270__ $$mFrykblomlp@appstate.edu$$pFrykblom,   Peter
000020370 270__ $$mcarl-johan.lagerkvist@ekon.slu.se$$pLagerkvist,   Carl J.
000020370 300__ $$a20
000020370 336__ $$aConference Paper/ Presentation
000020370 446__ $$aEnglish
000020370 490__ $$aSelected Paper
000020370 520__ $$aApplying an experiment on the choice of consumer goods, we show that Swedish consumers do not regard genetically modified (GM) food as being equivalent to conventional food. A central argument by proponents of GM is that the end products are identical to those where GM has not been used. That respondents in our survey disagree with this argument is supported by two observations. First, a positive significant WTP is found for a mandatory labeling policy. This result confirms previous observations that GM food can be a credence good causing a market failure. Second, consumers are also willing to pay a significantly higher product price to ensure a total ban on the use of GM in animal fodder. Even if scientists and politicians argue that most of today's GM food is indistinguishable from GM-free food, consumers disagree.
000020370 650__ $$aInstitutional and Behavioral Economics
000020370 700__ $$aCarlsson, Fredrik
000020370 700__ $$aFrykblom, Peter
000020370 700__ $$aLagerkvist, Carl Johan
000020370 8564_ $$s325765$$uhttps://ageconsearch.umn.edu/record/20370/files/sp04ca01.pdf
000020370 887__ $$ahttp://purl.umn.edu/20370
000020370 909CO $$ooai:ageconsearch.umn.edu:20370$$pGLOBAL_SET
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  Previous issue date: 2004
000020370 982__ $$gAmerican Agricultural Economics Association>2004 Annual meeting, August 1-4, Denver, CO
000020370 980__ $$a377