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

Nicholas Kalaitzandonakes, Jayson Lusk and Alexandre Magnier

Food Policy, 2018, vol. 78, issue C, 38-50

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.

Date: 2018
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Persistent link: https://EconPapers.repec.org/RePEc:eee:jfpoli:v:78:y:2018:i:c:p:38-50

DOI: 10.1016/j.foodpol.2018.02.005

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