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Did the Economic Conditions for Bt-maize in the EU Improve from 1995 to 2004? A MISTICs Perspective. AgEcon
Scatasta, Sara; Wesseler, Justus; Demont, Matty.
The debate about the "quasi" moratorium on the release of GMOs in the European Union is on going. One of the major arguments that were put forward to delay the release of new traits was the one for more information. In this contribution we compare the situation for Bt-maize from the 1995 and 2004 perspective. The 2004 perspective differentiate between two scenarios: one without the CAP reform and one including the CAP reform. For the comparison we use an ex-ante assessment model based on real option theory that explicitly considers the irreversible costs and benefits of the technology. As empirical information about possible irreversible costs is scarce we identify the maximum incremental social tolerable irreversible costs, MISTICs, for Bt-maize, a...
Tipo: Conference Paper or Presentation Palavras-chave: Bt-maize; Irreversibility; Real options; Uncertainty; Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies.
Ano: 2006 URL: http://purl.umn.edu/25245
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Irreversibility, Uncertainty and the Adoption of Transgenic Crops: the Case of BT-Maize in France AgEcon
Scatasta, Sara; Wesseler, Justus; Demont, Matty.
This study applies a real option approach to quantify, ex-ante, the maximum incremental social tolerable irreversible costs that would justify immediate adoption of Bt maize in France. Based on field trials, we find that incremental private reversible benefits in the agricultural sector are -18 million euro yearly for maize for animal feed and 1 million euro yearly for maize for human consumption. Incremental social irreversible benefits from reduced insecticide use are negligible. The maximum incremental social tolerable irreversible costs are -28 million euro yearly for maize for animal feed and 0.4 million Euro yearly for maize for human consumption.
Tipo: Conference Paper or Presentation Palavras-chave: Bt maize; Real option; France; Field trials; Irreversible social costs; Crop Production/Industries; D6; D8; Q1.
Ano: 2005 URL: http://purl.umn.edu/24758
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The Impact of Labeling Practices on Perceived Quality of GM Food Products: A Revealed Preferences Approach AgEcon
Scatasta, Sara; Wesseler, Justus; Hobbs, Jill E..
This article contributes to the ongoing discussion about the impact of different labeling practices on the quality of genetically modified (GM) food products as perceived by the consumer. Thus far, many studies have adopted a stated preferences approach, finding that consumers have different willingness to pay for GM and non-GM products. This article offers an empirically tractable theoretical model that can be used easily to investigate the impact of GM labeling practices on the perceived quality of GM food products, making use of market data.
Tipo: Conference Paper or Presentation Palavras-chave: Consumer preferences; Genetically modified food products; Labeling; Quality; Variety; Elasticity of substitution; Consumer/Household Economics; Q11; Q18; D12.
Ano: 2005 URL: http://purl.umn.edu/24599
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Bt and Ht Corn versus Conventional Pesticide and Herbicide Use. Do Environmental Impacts Differ? AgEcon
Nillesen, Eleonora; Scatasta, Sara; Wesseler, Justus.
In this paper we empirically assess and compare the environmental impact of pesticide programs for Bt, Ht (glufosinate) and conventional corn in Europe, employing the Environmental Impact Quotient. We use field trial data from Narbons, France 2004 as well as secondary data. Our results show that management of Bt corn has a lower environmental impact than conventional corn programs. Herbicide treatment of the Ht variety also has a much lower environmental impact than that of the two conventional programs. Our empirical findings support the argument of lower environmental and health impacts with respect to pesticide use when growing Bt and Ht corn. The outcomes are relevant for environmental benefit-cost analysis of Bt and Ht corn.
Tipo: Conference Paper or Presentation Palavras-chave: EIQ; Pesticide use; Bt; Ht corn; Crop Production/Industries; Environmental Economics and Policy; Q10; Q16.
Ano: 2006 URL: http://purl.umn.edu/25504
Registros recuperados: 4
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