dc.contributor.author | Goodwin, Barry K. | eng |
dc.contributor.author | Marra, Michele C. | eng |
dc.contributor.author | Piggott, Nicholas E. | eng |
dc.date.issued | 2016 | eng |
dc.description.abstract | We examine the consumer cost consequences of choosing GMO-free food over food that contains GMOs. Using text-mining algorithms applied to detailed product descriptions contained in a proprietary database of individual GMO and GMO-free foods at the retail level, we find that, when directly compared item by item, GMO-free food costs an average of 33% more than a comparable food item that is not GMO-free. When compared on a per-ounce basis, GMO-free foods cost an average of 73% more. Generalizing to the cost of a typical market basket of food consumed by American households, GMO-free food consumption would increase the average family food budget from $9,462 to $12,181 per year. | eng |
dc.identifier.uri | https://hdl.handle.net/10355/51946 | |
dc.language | English | eng |
dc.publisher | University of Missouri, College of Agriculture, Food and Natural Resources | eng |
dc.relation.ispartofcollection | AgBioForum, vol. 19, no. 1 (2016) | eng |
dc.relation.ispartofcommunity | University of Missouri-Columbia. College of Food, Agriculture and Natural Resources. Division of Applied Social Sciences. Department of Agricultural Economics. Economics and Management of Agrobiotechnology Center. AgBioForum. | eng |
dc.rights | OpenAccess. | eng |
dc.rights.license | This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivs 3.0 License. | |
dc.subject | biotechnology | eng |
dc.subject | consumer food choice | eng |
dc.subject | GMO-free | eng |
dc.subject | market basket | eng |
dc.title | The cost of a GMO-free market basket of food in the United States | eng |
dc.type | Article | eng |