GMO Standards, Endogenous Policy and the Market for Information

Mauro Vigani () and Alessandro Olper

LICOS Discussion Papers from LICOS - Centre for Institutions and Economic Performance, KU Leuven

Abstract: The paper develops a composite index of GMO standards restrictiveness for 60 countries, assigning objective scores to six different regulatory dimensions. Using this index and its components, we empirically investigate the political and economic determinants of GMO regulations. Results show that many of the determinants highlighted in the theoretical literature, such as the country trade position, the potential gains from GMO adoption, and the consumer risk aversion, are important determinants of the restrictiveness in GMO regulations. As a key result there emerges a prominent role for the market of information, showing that the structure of domestic mass media (public vs. private) is an important driver of GMO standards.

Keywords: GMO standards; political economics; media market (search for similar items in EconPapers)
JEL-codes: D72 Q13 Q16 Q18 (search for similar items in EconPapers)
Date: 2012
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (3)

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http://www.econ.kuleuven.be/licos/publications/dp/dp306.pdf

Related works:
Journal Article: GMO standards, endogenous policy and the market for information (2013)
Working Paper: GMO Standards, Endogenous Policy and the Market for Information (2012)
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Persistent link: https://EconPapers.repec.org/RePEc:lic:licosd:30612

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