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The price of non-genetically modified (non-GM) food

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  • Kalaitzandonakes, Nicholas
  • Lusk, Jayson
  • Magnier, Alexandre

Abstract

•Added costs for non-GM ingredients and changes in demand for non-GM foods determine non-GM price premiums.•Non-GM price premiums were stable over the 8 year period of analysis.•US Consumers have been paying price premiums of 10–62% for the non-GM products analyzed.•The cost of mandatory labeling of GM foods depends on manufacturer decisions.•If food manufacturers reformulate with non-GM ingredients, costs to consumers could be substantial.

Suggested Citation

  • Kalaitzandonakes, Nicholas & Lusk, Jayson & Magnier, Alexandre, 2018. "The price of non-genetically modified (non-GM) food," Food Policy, Elsevier, vol. 78(C), pages 38-50.
    • Handle: RePEc:eee:jfpoli:v:78:y:2018:i:c:p:38-50
    DOI: 10.1016/j.foodpol.2018.02.005
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    1. McFadden, Brandon R. & Lusk, Jayson L. & Pollack, Adam & Rumble, Joy N. & Stofer, Kathryn A. & Folta, Kevin M., 2023. "A randomized group approach to identifying label effects," Journal of choice modelling, Elsevier, vol. 48(C).
    2. repec:ags:aaea22:335857 is not listed on IDEAS

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