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GMO Standards, Endogenous Policy and the Market for Information

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  • Mauro Vigani
  • Alesandro Olper

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 LICOS - Centre for Institutions and Economic Performance, KU Leuven in its series LICOS Discussion Papers with number 30612.

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Date of creation: 2012
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Handle: RePEc:lic:licosd:30612

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Keywords: GMO standards; political economics; media market;

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References

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Cited by:
  1. Alessandro Olper & Johan Swinnen, 2013. "Mass Media and Public Policy: Global Evidence from Agricultural Policies," World Bank Economic Review, World Bank Group, vol. 27(3), pages 413-436.
  2. 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.

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