The Impliactions of GMOs for Australian Trade

Susan Stone, Anna Matysek and Andrew Dolling

No 330988, Conference papers from Purdue University, Center for Global Trade Analysis, Global Trade Analysis Project

Abstract: The introduction of genetically modified crops can affect international trade in a number of ways. Prior studies have focussed on the effects of higher productivity of GM crops and on differences in consumer attitudes across regions. This study builds on this earlier work by including the costs of actual or proposed regulation in different regions. It analyses two crops (grains and oilseeds), using working assumptions about productivity gains, consumer attitudes and costs of regulation. Under these assumptions, welfare increases in the major GM crop producing regions. Small GMproducing regions, such as Australia and New Zealand, experience welfare declines linked to terms of trade deterioration.

Keywords: International Relations/Trade; Agricultural and Food Policy (search for similar items in EconPapers)
Pages: 25
Date: 2002
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Persistent link: https://EconPapers.repec.org/RePEc:ags:pugtwp:330988

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