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...
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Format: | Article |
Language: | English |
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Western Agricultural Economics Association
2004-08-01
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Series: | Journal of Agricultural and Resource Economics |
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Online Access: | https://ageconsearch.umn.edu/record/31109 |
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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 |