IDEAS home Printed from https://ideas.repec.org/a/wly/apecpp/v43y2021i4p1621-1637.html
   My bibliography  Save this article

EU Regulation of New Plant Breeding Technologies and Their Possible Economic Implications for the EU and Beyond

Author

Listed:
  • Kai Purnhagen
  • Justus Wesseler

Abstract

New plant breeding technologies (NPBTs), including CRISPR gene editing, are being used widely, and they are driving the development of new crops. They are nevertheless a subject of criticism and discussion. According to a summer 2018 interpretation by the Court of Justice of the European Union (CJEU) applying an absolute interpretation of the precautionary principle, European Union (EU) law makes most NPBTs subject to regulations governing the use of genetically modified organisms (GMOs) in the EU. This contribution summarizes the status of the debate and highlights issues that have thus far not been considered—particularly with regard to the implications of EU regulations for NPBTs for countries outside the EU.

Suggested Citation

  • Kai Purnhagen & Justus Wesseler, 2021. "EU Regulation of New Plant Breeding Technologies and Their Possible Economic Implications for the EU and Beyond," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 43(4), pages 1621-1637, December.
  • Handle: RePEc:wly:apecpp:v:43:y:2021:i:4:p:1621-1637
    DOI: 10.1002/aepp.13084
    as

    Download full text from publisher

    File URL: https://doi.org/10.1002/aepp.13084
    Download Restriction: no

    File URL: https://libkey.io/10.1002/aepp.13084?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Matin Qaim, 2020. "Role of New Plant Breeding Technologies for Food Security and Sustainable Agricultural Development," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 42(2), pages 129-150, June.
    2. Jonathan B. Berk & Richard C. Green & Vasant Naik, 1999. "Optimal Investment, Growth Options, and Security Returns," Journal of Finance, American Finance Association, vol. 54(5), pages 1553-1607, October.
    3. Gocht, Alexander & Consmüller, Nicola & Thom, Ferike & Grethe, Harald, 2020. "Economic and environmental consequences of the ECJ genome editing judgement in agriculture," Thünen Working Papers 150, Johann Heinrich von Thünen Institute, Federal Research Institute for Rural Areas, Forestry and Fisheries.
    4. Venus, Thomas J. & Drabik, Dusan & Wesseler, Justus, 2018. "The role of a German multi-stakeholder standard for livestock products derived from non-GMO feed," Food Policy, Elsevier, vol. 78(C), pages 58-67.
    5. Bovay, John & Alston, Julian M., 2018. "GMO food labels in the United States: Economic implications of the new law," Food Policy, Elsevier, vol. 78(C), pages 14-25.
    6. Smyth, Stuart J. & Gusta, Michael & Belcher, Kenneth & Phillips, Peter W.B. & Castle, David, 2011. "Environmental impacts from herbicide tolerant canola production in Western Canada," Agricultural Systems, Elsevier, vol. 104(5), pages 403-410, June.
    7. Richard D. Smart & Matthias Blum & Justus Wesseler, 2017. "Trends in Approval Times for Genetically Engineered Crops in the United States and the European Union," Journal of Agricultural Economics, Wiley Blackwell, vol. 68(1), pages 182-198, February.
    8. Maarten J. Punt & Justus Wesseler, 2016. "Legal But Costly: An Analysis of the EU GM Regulation in the Light of the WTO Trade Dispute Between the EU and the USA," The World Economy, Wiley Blackwell, vol. 39(1), pages 158-169, January.
    9. Smart, Richard D. & Blum, Matthias & Wesseler, Justus, 2015. "EU Member States’ Voting for Authorizing Genetically Engineered Crops: a Regulatory Gridlock," German Journal of Agricultural Economics, Humboldt-Universitaet zu Berlin, Department for Agricultural Economics, vol. 64(04), December.
    10. Castellari, Elena & Soregaroli, Claudio & Venus, Thomas J. & Wesseler, Justus, 2018. "Food processor and retailer non-GMO standards in the US and EU and the driving role of regulations," Food Policy, Elsevier, vol. 78(C), pages 26-37.
    Full references (including those not matched with items on IDEAS)

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Stéphan Marette & Anne‐Célia Disdier & Anastasia Bodnar & John Beghin, 2023. "New plant engineering techniques, R&D investment and international trade," Journal of Agricultural Economics, Wiley Blackwell, vol. 74(2), pages 349-368, June.
    2. Stéphan Marette & John Beghin & Anne‐Célia Disdier & Eliza Mojduszka, 2023. "Can foods produced with new plant engineering techniques succeed in the marketplace? A case study of apples," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 45(1), pages 414-435, March.
    3. John C. Beghin & Christopher R. Gustafson, 2021. "Consumer Valuation of and Attitudes towards Novel Foods Produced with New Plant Engineering Techniques: A Review," Sustainability, MDPI, vol. 13(20), pages 1-17, October.
    4. Tamás Stadler & Ágoston Temesi & Zoltán Lakner, 2022. "Soil Chemical Pollution and Military Actions: A Bibliometric Analysis," Sustainability, MDPI, vol. 14(12), pages 1-17, June.
    5. Michaela Ludvíková & Miroslav Griga, 2022. "Pea transformation: History, current status and challenges," Czech Journal of Genetics and Plant Breeding, Czech Academy of Agricultural Sciences, vol. 58(3), pages 127-161.
    6. Gabriella Vindigni & Iuri Peri & Federica Consentino & Roberta Selvaggi & Daniela Spina, 2022. "Exploring Consumers’ Attitudes towards Food Products Derived by New Plant Breeding Techniques," Sustainability, MDPI, vol. 14(10), pages 1-14, May.
    7. Lonneke M. Poort & Jac. A. A. Swart & Ruth Mampuys & Arend J. Waarlo & Paul C. Struik & Lucien Hanssen, 2022. "Restore politics in societal debates on new genomic techniques," Agriculture and Human Values, Springer;The Agriculture, Food, & Human Values Society (AFHVS), vol. 39(4), pages 1207-1216, December.
    8. Tilman Reinhardt, 2023. "The farm to fork strategy and the digital transformation of the agrifood sector—An assessment from the perspective of innovation systems," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 45(2), pages 819-838, June.

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Vincent Smith & Justus H. H. Wesseler & David Zilberman, 2021. "New Plant Breeding Technologies: An Assessment of the Political Economy of the Regulatory Environment and Implications for Sustainability," Sustainability, MDPI, vol. 13(7), pages 1-18, March.
    2. Maximilian Kardung & Kutay Cingiz & Ortwin Costenoble & Roel Delahaye & Wim Heijman & Marko Lovrić & Myrna van Leeuwen & Robert M’Barek & Hans van Meijl & Stephan Piotrowski & Tévécia Ronzon & Johanne, 2021. "Development of the Circular Bioeconomy: Drivers and Indicators," Sustainability, MDPI, vol. 13(1), pages 1-24, January.
    3. Justus Wesseler & Gijs Kleter & Marthe Meulenbroek & Kai P. Purnhagen, 2023. "EU regulation of genetically modified microorganisms in light of new policy developments: Possible implications for EU bioeconomy investments," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 45(2), pages 839-859, June.
    4. Alessandro Bonanno & Valentina C. Materia & Thomas Venus & Justus Wesseler, 2017. "The Plant Protection Products (PPP) Sector in the European Union: A Special View on Herbicides," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 29(3), pages 575-595, July.
    5. Weisenfeld, Ursula & Hauerwaas, Antoniya & Elshiewy, Ossama & Halder, Pradipta & Wesseler, Justus & Cingiz, Kutay & Broer, Inge, 2023. "Beyond plastic – Consumers prefer food packaging derived from genetically modified plants," Research Policy, Elsevier, vol. 52(10).
    6. Castellari, Elena & Soregaroli, Claudio & Venus, Thomas J. & Wesseler, Justus, 2018. "Food processor and retailer non-GMO standards in the US and EU and the driving role of regulations," Food Policy, Elsevier, vol. 78(C), pages 26-37.
    7. Stefan Wimmer & K Hervé Dakpo, 2023. "Components of agricultural productivity change: Replication of US evidence and extension to the EU," Applied Economic Perspectives and Policy, John Wiley & Sons, vol. 45(3), pages 1332-1355, September.
    8. Richard Danvers Smart & Matthias Blum & Justus Wesseler, 2016. "Trends in Genetically Engineered Crops' Approval Times in the United States and the European Union," Economics Working Papers 16-03, Queen's Management School, Queen's University Belfast.
    9. Richard D. Smart & Matthias Blum & Justus Wesseler, 2017. "Trends in Approval Times for Genetically Engineered Crops in the United States and the European Union," Journal of Agricultural Economics, Wiley Blackwell, vol. 68(1), pages 182-198, February.
    10. Steven Haggblade & Bart Minten & Carl Pray & Thomas Reardon & David Zilberman, 2017. "The Herbicide Revolution in Developing Countries: Patterns, Causes, and Implications," The European Journal of Development Research, Palgrave Macmillan;European Association of Development Research and Training Institutes (EADI), vol. 29(3), pages 533-559, July.
    11. Frederico Belo & Chen Xue & Lu Zhang, 2010. "Cross-sectional Tobin's Q," NBER Working Papers 16336, National Bureau of Economic Research, Inc.
    12. Gady Jacoby & Chuan Liao & Jonathan A. Batten, 2007. "A Pure Test for the Elasticity of Yield Spreads," The Institute for International Integration Studies Discussion Paper Series iiisdp195, IIIS.
    13. David Hirshleifer & Danling Jiang, 2010. "A Financing-Based Misvaluation Factor and the Cross-Section of Expected Returns," The Review of Financial Studies, Society for Financial Studies, vol. 23(9), pages 3401-3436.
    14. Shi, Huai-Long & Zhou, Wei-Xing, 2022. "Factor volatility spillover and its implications on factor premia," Journal of International Financial Markets, Institutions and Money, Elsevier, vol. 80(C).
    15. David J. Moore & David McMillan, 2016. "A look at the actual cost of capital of US firms," Cogent Economics & Finance, Taylor & Francis Journals, vol. 4(1), pages 1233628-123, December.
    16. Esther Eiling & Raymond Kan & Ali Sharifkhani, 2018. "Sectoral Labor Reallocation and Return Predictability," Working Papers 2018-006, Human Capital and Economic Opportunity Working Group.
    17. AltInkIlIç, Oya & Hansen, Robert S., 2009. "On the information role of stock recommendation revisions," Journal of Accounting and Economics, Elsevier, vol. 48(1), pages 17-36, October.
    18. Bazdresch, Santiago, 2011. "Product differentiation and systematic risk: theory and empirical evidence," MPRA Paper 35504, University Library of Munich, Germany, revised 01 Nov 2011.
    19. Ali K. Ozdagli, 2012. "Financial Leverage, Corporate Investment, and Stock Returns," The Review of Financial Studies, Society for Financial Studies, vol. 25(4), pages 1033-1069.
    20. Andrea Gamba & Alessio Saretto, 2022. "Endogenous Option Pricing," Working Papers 2202, Federal Reserve Bank of Dallas.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:wly:apecpp:v:43:y:2021:i:4:p:1621-1637. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Wiley Content Delivery (email available below). General contact details of provider: https://doi.org/10.1002/(ISSN)2040-5804 .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.