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GMO Standards, Endogenous Policy and the Market for Information

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  • Vigani, Mauro
  • Olper, Alessandro

Abstract

The paper develops a composite index of GMO standards restrictiveness for 60 countries, assigning objective scores to six different regulatory dimensions. Using this index and its components, we empirically investigate the political and economic determinants of GMO regulations. Results show that many of the determinants highlighted in the theoretical literature, such as the country trade position, the potential gains from GMO adoption, and the consumer risk aversion, are important determinants of the restrictiveness in GMO regulations. As a key result there emerges a prominent role for the market of information, showing that the structure of domestic mass media (public vs. private) is an important driver of GMO standards.

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Bibliographic Info

Paper provided by International Association of Agricultural Economists in its series 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil with number 126443.

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Date of creation: Aug 2012
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Handle: RePEc:ags:iaae12:126443

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Web page: http://www.iaae-agecon.org/
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Keywords: GMO standards; political economics; media market; Agricultural and Food Policy; Environmental Economics and Policy; Food Consumption/Nutrition/Food Safety; Political Economy; Research and Development/Tech Change/Emerging Technologies; Teaching/Communication/Extension/Profession; D72; Q13; Q16; Q18;

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Cited by:
  1. Herath, Deepananda, 2013. "Evolving Consumer Acceptance of Biotechnology Applications in Canada: Evidence from the Public Opinion Surveys in 2001 (fifth wave) and 2011 (seventh wave)," 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. 150525, Agricultural and Applied Economics Association.
  2. Olper, Alessandro & Swinnen, Johan, 2013. "Mass media and public policy : global evidence from agricultural policies," Policy Research Working Paper Series 6362, The World Bank.

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