Distributional Impacts of Country-of-Origin Labeling in the U.S. Meat Industry
By: Brester, Gary W.; Marsh, John M.; Atwood, Joseph A.
Brester, Gary W.; Marsh, John M.; Atwood, Joseph A., Distributional Impacts of Country-of-Origin Labeling in the U.S. Meat Industry, Journal of Agricultural and Resource Economics, Volume 29, Issue 2, August 2004, Pages 206-227
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.