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The debate about Country-of-Origin labeling (COOL) has centered on the projected benefits and costs of its implementation. This study uses data from a Vickery auction (n=320) to estimate willingness to pay for COOL. Preliminary findings suggest, on average, consumers value COOL, are not...
Persistent link: https://www.econbiz.de/10005806297
The problem of invasive pests and diseases has become more urgent and far more complex today than in the recent past. Increased trade and movement of people, and the opening up of new trade routes have increased opportunities for the spread of invasive species. In addition, mono-cropping systems...
Persistent link: https://www.econbiz.de/10005803679
This paper develops a partial equilibrium model of a small open-economy producing and trading an unsafe product that is supplied by perfectly competitive producers. The presence of product safety considerations, in this case risks to health, introduces a wedge between the market prices producers...
Persistent link: https://www.econbiz.de/10005060837