SELECTED ECONOMIC IMPLICATOINS AND POLICY ASPECTS OF AGRICULTURAL BIOTECHNOLOGY

Evert Van der Sluis, Matthew A. Diersen and Thomas L. Dobbs

No 32018, Economics Staff Papers from South Dakota State University, Department of Economics

Abstract: The paper provides an overview of the types of economic costs, benefits, and risks involved with agricultural biotechnology at the farm level, at the market level, and for the farm and food system as a whole. Both advantages and disadvantages of agricultural biotechnology are discussed. Among the drivers of the U.S. domestic and international consumer demand for transgenic crop products discussed in the paper are environmental and food safety concerns. A comparison is made between a science-based' regulatory framework and a policy based on the precautionary principle. The authors argue that open dialogue is needed for achieving improved public nderstanding of agricultural biotechnology, and that analyses need to go beyond discussing the scientific merits of biotechnology, to include social scientists, as well as the public at large.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Pages: 34
Date: 2001
References: View complete reference list from CitEc
Citations: View citations in EconPapers (1)

Downloads: (external link)
https://ageconsearch.umn.edu/record/32018/files/sp01-06.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:sdsusp:32018

DOI: 10.22004/ag.econ.32018

Access Statistics for this paper

More papers in Economics Staff Papers from South Dakota State University, Department of Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().