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Full-Text Articles in Economics

Introduction: Economic Measures Of Food Safety Interventions, Julie Caswell Jan 2007

Introduction: Economic Measures Of Food Safety Interventions, Julie Caswell

Julie Caswell

EconLit Citations: Q18, I18, L51 © 2007 Wiley Periodicals, Inc. Agribusiness 23: 153–156, 2007.


Standards-As-Barriers Versus Standards-As-Catalysts: Assessing The Impact Of Haccp Implementation On U.S. Seafood Imports, Julie Caswell Jan 2007

Standards-As-Barriers Versus Standards-As-Catalysts: Assessing The Impact Of Haccp Implementation On U.S. Seafood Imports, Julie Caswell

Julie Caswell

The United States mandated a Hazard Analysis Critical Control Points (HACCP) food safety standard for seafood in 1997. Panel model results for the period 1990 to 2004 suggest that HACCP introduction had a negative and significant impact on overall seafood imports from the top 33 suppliers. While the effect for developed countries was positive, the negative HACCP effect for developing countries supports the view of “standards-as-barriers” versus ”standards-as-catalysts.” When the effect is analyzed at an individual country level a different perspective emerges. Regardless of development status, leading seafood exporters generally gained sales volume with the U.S., while most other smaller …


A Multi-Factorial Risk Prioritization Framework For Food-Borne Pathogens, Julie Caswell Jan 2007

A Multi-Factorial Risk Prioritization Framework For Food-Borne Pathogens, Julie Caswell

Julie Caswell

To lower the incidence of human food-borne disease, experts and stakeholders have urged the development of a science- and risk-based management system in which food-borne hazards are analyzed and prioritized. A literature review shows that most approaches to risk prioritization developed to date are based on measures of health outcomes and do not systematically account for other factors that may be important to decision making. The Multi-Factorial Risk Prioritization Framework developed here considers four factors that may be important to risk managers: public health, consumer risk perceptions and acceptance, market-level impacts, and social sensitivity. The framework is based on the …


Consumer Demand For Quality: Major Determinant For Agricultural And Food Trade In The Future?, Julie Caswell Jan 2007

Consumer Demand For Quality: Major Determinant For Agricultural And Food Trade In The Future?, Julie Caswell

Julie Caswell

The impact of consumer demand for quality on the agricultural and food system is an increased emphasis on quality differentiation but not all in the direction of upgrading quality. The more elite market segments are thriving and reaching growing numbers of consumers but the basic price/quality markets remain strong. Most recent economic studies find that consumers are willing to pay for food safety and other quality attributes, and for information about them. The magnitude of the valuations varies by food product, attribute, country, and study design. This literature and a case study of genetically modified foods suggest that consumer demand …


Interaction Between Food Attributes In Markets: The Case Of Environmental Labeling, Gillies Grolleau, Julie Caswell Jan 2007

Interaction Between Food Attributes In Markets: The Case Of Environmental Labeling, Gillies Grolleau, Julie Caswell

Julie Caswell

Some consumers derive utility from using products produced with specific processes, such as environmentally friendly practices. Means of verifying these credence attributes, such as certification, are necessary for the market to function effectively. A substitute or complementary solution may exist when consumers perceive a relationship between a process attribute and other verifiable product attributes. We present a model where the level of search and experience attributes influences the likelihood of production of eco-friendly products. Our results suggest that the market success of eco-friendly food products requires a mix of environmental and other verifiable attributes that together signal credibility.