EU and US Consumers’ Willingness to Pay for Genome-edited Apples

John C. Beghin

No 413366, Cornhusker Economics from University of Nebraska-Lincoln, Department of Agricultural Economics

Abstract: New Plant Engineering Techniques (NPETs) refers to new biotechnology tools that allow alterations to a plant’s genome by adding, resequencing, or silencing some of its genes or combined with genes from a crossable plant (so-called cisgenesis). NPETs include genome editing (GenEd) tools, such as Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR), and transcription activator-like effector nucleases (TALEN). These techniques lead to mutations in plants, which could have been obtained with conventional hybridization and genetic mutation techniques. For that reason, they may be perceived as more natural. These techniques might raise fewer concerns than transgenic techniques incorporating foreign genes into a plant leading to genetically modified organisms (GMOs). GMOs are as safe as conventional plant substitutes. Nevertheless, consumers in most countries have discounted if not rejected GMOs, especially in Europe. It is important to gauge the social acceptability of these NPETs and their market potential.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Date: 2021
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/413366/files/AES_2021-09-08.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:nbaece:413366

DOI: 10.22004/ag.econ.413366

Access Statistics for this paper

More papers in Cornhusker Economics from University of Nebraska-Lincoln, Department of Agricultural Economics Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().