A New World Industry Inititative in an Old World Market: The Economics of California Olive Oil Quality Standards

The United States is increasing its share in global production of olive oil along with other “New World” producers. Recently, the state of California, where most of the olive oil in the US is produced, approved new regulations governing the grades of olive oil, labeling, methods of testing and traceability standards. This research report evaluates the potential costs of compliance with the new regulations and analyzes their economic impact on marketing of olive oil. The results indicate that if the compliance costs are passed on to the consumer, it may result in the decline of olive oil sales by less than one percent


Issue Date:
2015-03
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/199046
Published in:
Journal of Food Distribution Research, Volume 46, Number 1
Total Pages:
4
JEL Codes:
Q18; Q13; L51




 Record created 2017-04-01, last modified 2017-04-28

Fulltext:
Download fulltext
PDF

Rate this document:

Rate this document:
1
2
3
 
(Not yet reviewed)