Economic Impacts of Policies Affecting Crop Biotechnology and Trade
Kym Anderson ()
No 2010-12, Centre for International Economic Studies Working Papers from University of Adelaide, Centre for International Economic Studies
Agricultural biotechnologies, and especially transgenic crops, have the potential to boost food security in developing countries by offering higher incomes for farmers and lower-priced and better quality food for consumers. That potential is being heavily compromised, however, because the European Union and some other countries have implemented strict regulatory systems to govern their production and consumption of genetically modified (GM) food and feed crops, and to prevent imports of foods and feedstuffs that do not meet these strict standards. This paper analyses empirically the potential economic effects of adopting transgenic crops in Asia and Sub-Saharan Africa. It does so using a multi-country, multi-product model of the global economy. The results suggest the economic welfare gains from crop biotechnology adoption are potentially very large, and that those benefits are diminished only very slightly by the presence of the European UnionÂ’s restriction on imports of GM foods. That is, if developing countries retain bans on GM crop production in an attempt to maintain access to EU markets for non-GM products, the loss to their food consumers as well as to farmers in those developing countries is huge relative to the slight loss that could be incurred from not retaining EU market access.
Keywords: Transgenic crops; genetically modified food; agricultural biotechnology; food trade (search for similar items in EconPapers)
JEL-codes: F13 F17 O32 O33 Q16 Q17 Q18 (search for similar items in EconPapers)
New Economics Papers: this item is included in nep-agr and nep-reg
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (1) Track citations by RSS feed
Downloads: (external link)
http://www.adelaide.edu.au/cies/publications/present/CIES_DP1012.pdf First version, 2010 (application/pdf)
Our link check indicates that this URL is bad, the error code is: 404 Not Found (http://www.adelaide.edu.au/cies/publications/present/CIES_DP1012.pdf [301 https://www.adelaide.edu.au/cies/publications/present/CIES_DP1012.pdf]--> https://www.adelaide.edu.au/cies/publications/present/CIES_DP1012.pdf)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:adl:cieswp:2010-12
Access Statistics for this paper
More papers in Centre for International Economic Studies Working Papers from University of Adelaide, Centre for International Economic Studies Contact information at EDIRC.
Bibliographic data for series maintained by Dmitriy Kvasov (). This e-mail address is bad, please contact .