FDA contracted with (Research Triangle Institute) RTI to update RTI's 1990 labeling cost model to make the model more relevant for the types of analyses currently conducted by FDA. This report provides background information on the process of changing the labeling information on food packaging, a description of the revised cost estimates used in the model, a description of the underlying assumptions and calculations used in developing the model, and instructions for working with the model to obtain specific cost estimates.
Software requirements: Stata (vers. 8) and Microsoft Excel.
With special thanks to the Economics Team in FDA-CFSAN, Office of Regulations and Policy, Division of Social Sciences.
Date added to FoodRisk.org: April 2006
Pub. date from document: October 2004