Economics Research Institute Study Paper
Utah State University Department of Economics
Copyright for this work is held by the author. Transmission or reproduction of materials protected by copyright beyond that allowed by fair use requires the written permission of the copyright owners. Works not in the public domain cannot be commercially exploited without permission of the copyright owner. Responsibility for any use rests exclusively with the user. For more information contact the Institutional Repository Librarian at firstname.lastname@example.org.
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.
Hill, Nathan S. and Bailey, DeeVon, "Marketing GM-Labeled Food Products in the United Kingdom: Can American Agribusinesses Do It Profitably?" (2005). Economic Research Institute Study Papers. Paper 305.