Quality, market mechanisms and regulation in the food chain
Bio-based and Applied Economics
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Title |
Quality, market mechanisms and regulation in the food chain
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Creator |
Marette, Stephan
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Subject |
market regulation; quality; sustainability; experiment; welfare estimation
D82; C91 |
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Description |
This paper focuses on questions related to the regulation of quality in the food chain. The paper first recalls the new challenges related to quality in the food chain, with an emphasis on the issue of sustainability. This first part underlines that the numerous dimensions related to sustainability make the regulation necessary but difficult. Then the paper introduces a partial equilibrium model calibrated with empirical data, for helping evaluate which regulatory instrument should be socially preferred ex ante on a case-by-case basis. An application to the milk market focuses on linseed for feeding dairy cows, which reduces methane emissions and increases the omega-3 content of milk. Simulations compare the impact of the exclusive use of one label signaling omega-3, versus the impact of a minimum-quality standard imposing linseed in the diet of all dairy cows. Both instruments would have a positive impact on consumers’ surpluses and some producers’ profits. This application shows that details about the influence of regulatory tools on surpluses may be given on a case-by-case basis.
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Publisher |
Bio-based and Applied Economics
Bio-based and Applied Economics |
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Contributor |
—
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Date |
2017-04-26
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Type |
info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion — |
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Format |
application/pdf
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Identifier |
http://www.fupress.net/index.php/bae/article/view/18766
http://www.fupress.net/index.php/bae/article/download/18766/19051 10.13128/BAE-18766 |
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Source |
Bio-based and Applied Economics; Vol 5, No 3 (2016); 217-235
Bio-based and Applied Economics; Vol 5, No 3 (2016); 217-235 2280-6172 2280-6180 |
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Language |
eng
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Relation |
10.13128/BAE-18766
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Rights |
The authors retain all rights to the original work without any restrictions.License for Published ContentsYou are free to copy, distribute and transmit the work, and to adapt the work. You must attribute the work in the manner specified by the author or licensor (but not in any way that suggests that they endorse you or your use of the work).Licence scheme | Legal codeLicense for MetadataThis Journal published articles metadata are dedicated to the public domain by waiving all publisher's rights to the work worldwide under copyright law, including all related and neighboring rights, to the extent allowed by law.You can copy, modify, distribute and perform the work, even for commercial purposes, all without asking permission.Licence scheme | Legal code
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