IDEAS home Printed from https://ideas.repec.org/a/ags/cafric/45629.html
   My bibliography  Save this article

GMOs: The Economics of Consumer Food Safety Issues

Author

Listed:
  • Hobbs, Jill E.
  • Plunkett, Marni D.

Abstract

The controversy over genetically modified (GM) foods has swept across Europe and is beginning to make inroads into the North American consumer market. It is set to become a thorny trade issue between the European Union (EU) and the United States. The issue is important, not least because of the potential scale of the problem. There has been a rapid adoption of GM crops by U.S. corn and soybean and Canadian canola producers. Approximately 57 percent of the U.S. soybean harvested acreage in 1999 was in herbicide-tolerant GM varieties (ERS). Soya is a staple in food processing, with approximately 60 percent of processed foods containing soya or soya derivatives. Canola is an important crop on the Canadian prairies. Although estimates vary, the percentage of canola seeded to GM varieties may have been 60 percent in 1999 (Western Producer, 1999). The entire canola industry has lost its access to the EU market because GM canola is not approved for entry to that market. This paper explores the nature and origins of the GM food safety concerns of consumers, assesses the problem within a theoretical frame work and discusses some public policy solutions.

Suggested Citation

  • Hobbs, Jill E. & Plunkett, Marni D., 2000. "GMOs: The Economics of Consumer Food Safety Issues," CAFRI: Current Agriculture, Food and Resource Issues, Canadian Agricultural Economics Society, issue 01.
  • Handle: RePEc:ags:cafric:45629
    as

    Download full text from publisher

    File URL: http://purl.umn.edu/45629
    Download Restriction: no

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. Belcher, Ken & Nolan, James & Phillips, Peter W.B., 2005. "Genetically modified crops and agricultural landscapes: spatial patterns of contamination," Ecological Economics, Elsevier, vol. 53(3), pages 387-401, May.
    2. Ajewole, Kayode & Peterson, Hikaru H. & Yamaura, Koichi, 2015. "Japanese Consumer Preferences toward GM Foods after the Great East Japan Earthquake," 2015 AAEA & WAEA Joint Annual Meeting, July 26-28, San Francisco, California 205611, Agricultural and Applied Economics Association;Western Agricultural Economics Association.

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:cafric:45629. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search). General contact details of provider: http://edirc.repec.org/data/caefmea.html .

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    We have no references for this item. You can help adding them by using this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.