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GM food technology abroad and its implications for Australia and New Zealand

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  • Anderson, Kym
  • Jackson, Lee Ann

Abstract

The potential economic benefits from agricultural biotechnology adoption by ANZ need to be weighed against any likely 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 countries' GM policies without and with ANZ farmers adopting GM varieties of various grains and oilseeds. The benefits to ANZ from adopting GM crops under a variety of scenarios are positive even in the presence of the ban on imports from GM-adopting countries by the EU (but not if East Asia also applied such a ban).

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Bibliographic Info

Paper provided by Australian Agricultural and Resource Economics Society in its series 2004 Conference (48th), February 11-13, 2004, Melbourne, Australia with number 58365.

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Date of creation: Feb 2004
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Handle: RePEc:ags:aare04:58365

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Related research

Keywords: Biotechnology; GMOs; regulation; trade policy; computable general equilibrium; Crop Production/Industries; Food Consumption/Nutrition/Food Safety; C68; D58; F13; O3; Q17; Q18;

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  1. Lusk, Jayson L. & Roosen, Jutta & Fox, John A., 2001. "Demand For Beef From Cattle Administered Growth Hormones Or Fed Genetically Modified Corn: A Comparison Of Consumers In France, Germany, The United Kingdom, And The United States," 2001 Annual meeting, August 5-8, Chicago, IL 20684, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  2. Sallie James & Michael Burton, 2003. "Consumer preferences for GM food and other attributes of the food system," Australian Journal of Agricultural and Resource Economics, Australian Agricultural and Resource Economics Society, vol. 47(4), pages 501-518, December.
  3. W. Jill Harrison & J. Mark Horridge & K.R. Pearson, 2000. "Decomposing Simulation Results with Respect to Exogenous Shocks," Computational Economics, Society for Computational Economics, vol. 15(3), pages 227-249, June.
  4. 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.
  5. Chantal Nielsen & Kym Anderson, 2001. "Global market effects of alternative European responses to genetically modified organisms," Review of World Economics (Weltwirtschaftliches Archiv), Springer, vol. 137(2), pages 320-346, June.
  6. Susan Stone & ; Anna Matysek & ; Andrew Dolling, 2003. "Modelling Possible Impacts of GM Crops on Australian Trade," Urban/Regional 0304002, EconWPA.
  7. Grant E. Issac & William A. Kerr, 2003. "Genetically Modified Organisms and Trade Rules: Identifying Important Challenges for the WTO," The World Economy, Wiley Blackwell, vol. 26(1), pages 29-42, January.
  8. Harrison, W Jill & Pearson, K R, 1996. "Computing Solutions for Large General Equilibrium Models Using GEMPACK," Computational Economics, Society for Computational Economics, vol. 9(2), pages 83-127, May.
  9. Kym Anderson & Lee Ann Jacskon, 2004. "Standards, trade and protection: the case of GMOs," Centre for International Economic Studies Working Papers 2004-11, University of Adelaide, Centre for International Economic Studies.
  10. Anderson, Kym & Jackson, Lee Ann, 2004. "GM Food Crop Technology: Implications For Sub-Saharan Africa," CEPR Discussion Papers 4490, C.E.P.R. Discussion Papers.
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