Document Type

Article

Journal/Book Title/Conference

Economics Research Institute Study Paper

Volume

8

Publisher

Utah State University Department of Economics

Publication Date

2005

First Page

1

Last Page

27

Abstract

American food companies selling products in the European Union are faced with the dilemma of either segregating non-GM components as inputs in food products or labeling their products as containing genetically modified material. This paper presents an analysis of whether or not GM-Iabeled food products could be sold profitably in the United Kingdom. The results suggest that GM-Iabeled foods would likely appeal principally to a low-income segment of the market in the EU, but that selling GM food products might still be profitable.


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