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Genetically Engineered Crops’ Authorizations in the US and the EU: a Struggle Against the Clock

Richard Danvers Smart, Matthias Blum and Justus Wesseler

No 14-03, Economics Working Papers from Queen's Management School, Queen's University Belfast

Abstract: The regulation of genetically engineered crops is important for society: ensuring their safety for humans and the environment. Their authorization starts with a scientific step and ends with a political step. Trends in the time taken for their authorization in the European Union are that they are decreasing, but in the United States there is a break in the overall trend: initially it decreased until 1998 after which it increased.

Keywords: Regulation; Agriculture; Agricultural economics; Innovations; GMO; Biotechnology (search for similar items in EconPapers)
JEL-codes: N22 N24 N42 N44 Q16 Q18 (search for similar items in EconPapers)
Pages: 25 pages
Date: 2014
New Economics Papers: this item is included in nep-agr and nep-env
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