Record Details

Quality, market mechanisms and regulation in the food chain

Bio-based and Applied Economics

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Field Value
 
Title Quality, market mechanisms and regulation in the food chain
 
Creator Marette, Stephan
 
Subject market regulation; quality; sustainability; experiment; welfare estimation
D82; C91
 
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.
 
Publisher Bio-based and Applied Economics
Bio-based and Applied Economics
 
Contributor
 
Date 2017-04-26
 
Type info:eu-repo/semantics/article
info:eu-repo/semantics/publishedVersion

 
Format application/pdf
 
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
 
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
 
Language eng
 
Relation 10.13128/BAE-18766
 
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