Distributional Impacts of Country-of-Origin Labeling in the U.S. Meat Industry

Concerns about the negative effects of U.S. meat and livestock imports on domestic livestock prices have increased interest in country-of origin labeling (COOL) legislation. An equilibrium displacement model is used to estimate short-run and long-run changes in equilibrium prices and quantities of m...

Full description

Bibliographic Details
Main Authors: Gary W. Brester, John M. Marsh, Joseph A. Atwood
Format: Article
Language:English
Published: Western Agricultural Economics Association 2004-08-01
Series:Journal of Agricultural and Resource Economics
Subjects:
Online Access:https://ageconsearch.umn.edu/record/31109
_version_ 1819081416742273024
author Gary W. Brester
John M. Marsh
Joseph A. Atwood
author_facet Gary W. Brester
John M. Marsh
Joseph A. Atwood
author_sort Gary W. Brester
collection DOAJ
description Concerns about the negative effects of U.S. meat and livestock imports on domestic livestock prices have increased interest in country-of origin labeling (COOL) legislation. An equilibrium displacement model is used to estimate short-run and long-run changes in equilibrium prices and quantities of meat and livestock in the beef, pork, and poultry sectors resulting from the implementation of COOL. Retail beef and pork demand would have to experience a one-time, permanent increase of 4.05% and 4.45%, respectively, so that feeder cattle and hog producers do not lose producer surplus over a 10-year period.
first_indexed 2024-12-21T20:00:26Z
format Article
id doaj.art-8d51292773804c3b8e6f89d83a64edda
institution Directory Open Access Journal
issn 1068-5502
2327-8285
language English
last_indexed 2024-12-21T20:00:26Z
publishDate 2004-08-01
publisher Western Agricultural Economics Association
record_format Article
series Journal of Agricultural and Resource Economics
spelling doaj.art-8d51292773804c3b8e6f89d83a64edda2022-12-21T18:52:00ZengWestern Agricultural Economics AssociationJournal of Agricultural and Resource Economics1068-55022327-82852004-08-0129220622710.22004/ag.econ.3110931109Distributional Impacts of Country-of-Origin Labeling in the U.S. Meat IndustryGary W. BresterJohn M. MarshJoseph A. AtwoodConcerns about the negative effects of U.S. meat and livestock imports on domestic livestock prices have increased interest in country-of origin labeling (COOL) legislation. An equilibrium displacement model is used to estimate short-run and long-run changes in equilibrium prices and quantities of meat and livestock in the beef, pork, and poultry sectors resulting from the implementation of COOL. Retail beef and pork demand would have to experience a one-time, permanent increase of 4.05% and 4.45%, respectively, so that feeder cattle and hog producers do not lose producer surplus over a 10-year period.https://ageconsearch.umn.edu/record/31109country-of-origin labelingequilibrium displacement modelproducer surplus
spellingShingle Gary W. Brester
John M. Marsh
Joseph A. Atwood
Distributional Impacts of Country-of-Origin Labeling in the U.S. Meat Industry
Journal of Agricultural and Resource Economics
country-of-origin labeling
equilibrium displacement model
producer surplus
title Distributional Impacts of Country-of-Origin Labeling in the U.S. Meat Industry
title_full Distributional Impacts of Country-of-Origin Labeling in the U.S. Meat Industry
title_fullStr Distributional Impacts of Country-of-Origin Labeling in the U.S. Meat Industry
title_full_unstemmed Distributional Impacts of Country-of-Origin Labeling in the U.S. Meat Industry
title_short Distributional Impacts of Country-of-Origin Labeling in the U.S. Meat Industry
title_sort distributional impacts of country of origin labeling in the u s meat industry
topic country-of-origin labeling
equilibrium displacement model
producer surplus
url https://ageconsearch.umn.edu/record/31109
work_keys_str_mv AT garywbrester distributionalimpactsofcountryoforiginlabelingintheusmeatindustry
AT johnmmarsh distributionalimpactsofcountryoforiginlabelingintheusmeatindustry
AT josephaatwood distributionalimpactsofcountryoforiginlabelingintheusmeatindustry