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Researchers will conduct an extensive literature review on the economics of food safety and standards by drawing on the growing peer-reviewed literature. Contact will also be made with academic economists in the US and with economists at the US Department of Agriculture's Economic Research Service in Washington, who provide economic advice on food safety and standards.
There is currently no thorough review of the literature of the economics of food safety and standards in the UK. It is however important for the Agency to gain an overview of the work that has been done so far and of the gaps that will need to be addressed. The results of the review and of subsequent work addressing the identified gaps will give the Agency a better understanding of the economic rationale of its actions. It will also improve the Agency's understanding of the benefits and costs of its activities in the UK.
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Economists have addressed a number of questions of interest to the Agency, but mostly in other contexts, such as environmental policy.
<p>Find more about this project and other FSA food safety-related projects at the <a href="http://www.food.gov.uk/science/research/" target="_blank">Food Standards Agency Research webpage</a>.