GM Food Crop Technology and Trade Measures: Some Economic Implications for Australia and New Zealand
AbstractHow much might the potential economic benefit from a farm productivity boost associated with crop biotechnology adoption by Australia and New Zealand (ANZ) be offset by a loss of market access abroad for crops that may contain genetically modified (GM) organisms? This paper uses the global GTAP model to estimate effects of other countriesÂ’ GM policies without and with ANZ farmers adopting GM varieties of various grains and oilseeds. The gross economic benefits to ANZ from adopting GM crops under a variety of scenarios could be positive even if the de facto moratorium on imports from GM-adopting countries by the EU was maintained, but not if Northeast Asia also applied such a ban. From those gross economic effects would need to be subtracted societyÂ’s evaluation of any new food safety concerns and negative environmental externalities (net of any new environmental and occupational health benefits).
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Bibliographic InfoPaper provided by University of Adelaide, Centre for International Economic Studies in its series Centre for International Economic Studies Working Papers with number 2004-08.
Length: 40 pages
Date of creation: Nov 2004
Date of revision:
Biotechnology; GMOs; regulation; trade policy; computable general equilibrium.;
Find related papers by JEL classification:
- C68 - Mathematical and Quantitative Methods - - Mathematical Methods; Programming Models; Mathematical and Simulation Modeling - - - Computable General Equilibrium Models
- D58 - Microeconomics - - General Equilibrium and Disequilibrium - - - Computable and Other Applied General Equilibrium Models
- F13 - International Economics - - Trade - - - Trade Policy; International Trade Organizations
- O3 - Economic Development, Technological Change, and Growth - - Technological Change; Research and Development; Intellectual Property Rights
- Q17 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agriculture in International Trade
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Susan Stone & ; Anna Matysek & ; Andrew Dolling, 2003.
"Modelling Possible Impacts of GM Crops on Australian Trade,"
- Stone, Susan F. & Matysek, Anna & Dolling, Andrew, 2002. "Modelling Possible Impacts of GM Crops on Australian Trade," Staff Research Papers 31913, Productivity Commission.
- van Tongeren, Frank W. & van Meijl, Hans, 2003.
"International Diffusion Of Gains From Biotechnology And The European Union'S Common Agricultural Policy,"
2003 Annual Meeting, August 16-22, 2003, Durban, South Africa
25835, International Association of Agricultural Economists.
- Meijl, Hans van & Tongeren, Frank van, 2004. "International diffusion of gains from biotechnology and the European Union's Common Agricultural Policy," Agricultural Economics, Blackwell, vol. 31(2-3), pages 307-316, December.
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