Economics Research Institute Study Paper
Utah State University Department of Economics
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.