文章基本信息
- 标题:Consumption effects of genetic modification: what if consumers are right?*
- 本地全文:下载
- 作者:Giannakas, Konstantinos ; Fulton, Murray
- 期刊名称:Journal of Food Distribution Research
- 印刷版ISSN:0047-245X
- 出版年度:2002
- 页码:97-109
- 出版社:Food Distribution Research Society
- 摘要:This paper develops a model of differentiated consumers to examine the consumption effects of genetic modification (GM) under alternative labelling regimes and segregation enforcement scenarios. Analytical results show that if consumers perceive GM products as being different than their traditional counterparts, GM affects consumer welfare and, thus, consumption decisions. When the existence of market imperfections in one or more stages of the supply chain prevents the transmission of cost savings associated with the new technology to consumers, GM results in welfare losses for consumers. The analysis shows that the relative welfare ranking of.the 'no labelling' and 'mandatory labelling' regimes depends on: (i) the level of consumer aversion to GM products; (ii) the size of marketing and segregation costs under mandatory labelling; (iii) the share of the GM product in total production; and (iv) the extent to which GM products are incotTectly labelled as non-GM products. © 2002 Elsevier Science B.V. All rights reserved.
- 关键词:Consumer welfare;Genetic modification;Labelling;Mislabelling;Segregation costs