Implications of mandatory labeling of GM food in India: Evidence from the supply side

► Mandatory labeling for GM food could have significant supply-side market effects in India. ► Labeling would result in adjustment and implementation costs. ► Consumer benefits, while uncertain, would highly depend on enforcement. ► Voluntary labeling would be a superior economic approach. We assess...

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Bibliographic Details
Published in:Food policy 2012-08, Vol.37 (4), p.467-472
Main Authors: Bansal, Sangeeta, Gruère, Guillaume P.
Format: Article
Language:English
Subjects:
Benefits
Consumers
Control
Cost
Costs
Descriptive labeling
Economics
Food
Food supply
Foods
Genetically altered foods
Genetically modified food
Genetically modified organisms
India
Labeling
Labelling
Marking
Oilseed
Oilseeds
Policies
Regulation
Soyabeans
Soybeans
Supply-side economics
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Summary:► Mandatory labeling for GM food could have significant supply-side market effects in India. ► Labeling would result in adjustment and implementation costs. ► Consumer benefits, while uncertain, would highly depend on enforcement. ► Voluntary labeling would be a superior economic approach. We assess the supply-side economic implications of introducing a strict mandatory labeling policy for genetically modified (GM) food in India as proposed in 2006. We apply our analysis to the case of cottonseed oil and soybean oil, two products that would be the first affected by such regulation. We find that GM food labeling would generate adjustment and implementation costs and consumer benefits would not always be visible and would highly depend on the degree of enforcement.
ISSN:0306-9192
1873-5657
DOI:10.1016/j.foodpol.2012.04.008