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An Evaluation Of Risk Analysis As Applied To Agricultural Biotechnology (With A Case Study Of Gmo Labeling)

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  • Caswell, Julie A.

Abstract

Governments have several policy instruments available for influencing the speed of adoption of agricultural biotechnology and the ultimate market share of products produced with its use. Differences between countries in rates of and conditions on regulatory approval of agricultural biotechnologies result from different approaches to the factors included in risk analysis andthe inclusion of different factors. Differences in labeling policy result from these same sources, as well as from different views of the consumer's right to know about how a product was produced. An economic evaluation of the use of risk analysis to regulate agricultural biotechnology and products derived from it focuses on the welfare effects of the policy chosen relative to those of alternative policies that could have been chosen. The full application of benefit|cost analysis in different countries may indicate that different policies best suit their varying situations. [EconLit Subject Codes: K2, F1, Q1] © 2000 John Wiley & Sons, Inc.

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Bibliographic Info

Paper provided by Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance in its series Proceedings:Transitions in Agbiotech: Economics of Strategy and Policy, June 24-25, 1999, Washington, D.C. with number 26006.

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Date of creation: 2000
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Handle: RePEc:ags:rpsniw:26006

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Postal: Draper Hall, College of Food and Natural Resources, Amherst, MA 01003
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Web page: http://www.umass.edu/ne165/
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Related research

Keywords: Research and Development/Tech Change/Emerging Technologies; Risk and Uncertainty;

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References

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  1. Anderson, Kym & James, Sarah, 1998. "On the Need for More Economic Assessment of Quarantine/SPS Policies," CEPR Discussion Papers 1934, C.E.P.R. Discussion Papers.
  2. Neal H. Hooker & Julie A. Caswell, 1999. "A Framework for Evaluating Non-Tariff Barriers to Trade Related to Sanitary and Phytosanitary Regulation," Journal of Agricultural Economics, Wiley Blackwell, vol. 50(2), pages 234-246.
  3. Roberts, Donna, 1998. "Preliminary Assessment of the Effects of the WTO Agreement on Sanitary and Phytosanitary Trade Regulations," Journal of International Economic Law, Oxford University Press, vol. 1(3), pages 377-405, September.
  4. Calvin, Linda & Krissoff, Barry, 1998. "Technical Barriers To Trade: A Case Study Of Phytosanitary Barriers And U.S. - Japanese Apple Trade," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 23(02), December.
  5. Julie A. Caswell & Eliza M. Mojduszka, 1996. "Using Informational Labeling to Influence the Market for Quality in Food Products," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(5), pages 1248-1253.
  6. Caswell, Julie A., 1998. "How Labeling Of Safety And Process Attributes Affects Markets For Food," Agricultural and Resource Economics Review, Northeastern Agricultural and Resource Economics Association, vol. 27(2), October.
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Cited by:
  1. Jayson L. Lusk & Jutta Roosen & John A. Fox, 2003. "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," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 85(1), pages 16-29.
  2. Kynda R. Curtis & Klaus Moeltner, 2007. "The effect of consumer risk perceptions on the propensity to purchase genetically modified foods in Romania," Agribusiness, John Wiley & Sons, Ltd., vol. 23(2), pages 263-278.
  3. Moon, Wanki & Balasubramanian, Siva K., 2001. "A Multi-Attribute Model Of Public Acceptance Of Genetically Modified Organisms," 2001 Annual meeting, August 5-8, Chicago, IL 20745, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  4. McCluskey, Jill J. & Loureiro, Maria L., 2003. "Consumer Preferences And Willingness To Pay For Food Labeling: A Discussion Of Empirical Studies," Journal of Food Distribution Research, Food Distribution Research Society, vol. 34(03), November.
  5. Anderson, Jock R., 2003. "Risk in rural development: challenges for managers and policy makers," Agricultural Systems, Elsevier, vol. 75(2-3), pages 161-197.
  6. Hine, Susan E. & Loureiro, Maria L., 2002. "Understanding Consumers' Perceptions Toward Biotechnology And Labeling," 2002 Annual meeting, July 28-31, Long Beach, CA 19898, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  7. Crespi, John M. & Marette, Stephan, 2003. "Some Economic Implications Of Public Labeling," Journal of Food Distribution Research, Food Distribution Research Society, vol. 34(03), November.

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