Many countries require labeling for GM food products. These countries often have different levels of genetic modification that they will tolerate before a food product must be labeled as genetically modified. For example, the European Union and Australia allow up to one percent of any ingredient...

Consumers' willingness to pay for food products decreases when the food label indicates that a food product is produced with the aid of modern biotechnology. This bulletin presents empirical evidence on consumers' willingness to pay for biotech foods based on the presence or absence of labels...

With the controversy over genetically modified (GM) foods continuing to grow, there has been a major push for mandatory labeling of GM foods by consumer advocacy and environmental groups in the United States. These groups maintain that consumers would benefit from labels. Other groups think that...

This paper identifies direct costs and opportunity costs of bio-safety regulation for four transgenic products in the Philippines: Bt eggplant, Bt rice, ringspot-virus resistant papaya, and virus resistant tomatoes. It finds that direct regulatory costs while significant, are generally smaller...

Methods are presented for evaluating the economic benefits of agricultural economics research (AER). Decision theory and economic surplus analysis are used to evaluate returns to five representative types of AER. Benefits stem from effects of AER on economic efficiency through reduced...

With the growing competition for Federal dollars, the land grant universities were asked to justify their budget to the Congress and the Office of Management and Budget using benefitcost analysis. The authors review previous studies of returns to agricultural research and present an analysis of...

Cost-effective extension strategies are needed to promote widespread adoption of agricultural technologies in developing countries. Integrated pest management (IPM) practices, for example, can offer economic, health, and environmental benefits but remain largely underused. This study evaluates...

The adoption of new technologies by farmers may impact the environment, and hence affect consumer welfare. This channel of impact is seldom assessed in the literature, especially when the production technologies adopted are not labeled on the consumption goods, and as a result are not directly...