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Provedor de dados:  AgEcon
País:  United States
Título:  On the Segregation of Genetically Modified, Conventional, and Organic Products in European Agriculture: A Multi-market Equilibrium Analysis
Autores:  Moschini, GianCarlo
Bulut, Harun
Cembalo, Luigi
Data:  2005-10-26
Ano:  2005
Palavras-chave:  Biotechnology
Differentiated demand
Genetically modified crops
Identity preservation
Innovation
Welfare
Production Economics
Resumo:  Evaluating the possible benefits of the introduction of genetically modified (GM) crops must address the issue of consumer resistance as well as the complex regulation that has ensued. In the European Union (EU) this regulation envisions the "co-existence" of GM food with conventional and quality-enhanced products, mandates the labelling and traceability of GM products, and allows only a stringent adventitious presence of GM content in other products. All these elements are brought together within a partial equilibrium model of the EU agricultural food sector. The model comprises conventional, GM and organic food. Demand is modelled in a novel fashion, whereby organic and conventional products are treated as horizontally differentiated but GM products are vertically differentiated (weakly inferior) relative to conventional ones. Supply accounts explicitly for the land constraint at the sector level and for the need for additional resources to produce organic food. Model calibration and simulation allow insights into the qualitative and quantitative effects of the large-scale introduction of GM products in the EU market. We find that the introduction of GM food reduces overall EU welfare, mostly because of the associated need for costly segregation of non-GM products, but the producers of quality-enhanced products actually benefit.
Tipo:  Working or Discussion Paper
Idioma:  Inglês
Identificador:  18673

http://purl.umn.edu/18531
Editor:  AgEcon Search
Relação:  Iowa State University>Center for Agricultural and Rural Development>CARD Working Paper Series
CARD Working Paper 05-WP 411
Formato:  34

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