GM Crops in Europe: How Much Value and for Whom?
summary Who gains from genetically modified (GM) crops in Europe? We review the global impact literature and assess the potential value of GM crops for Europe and how this value is shared among stakeholders. The literature suggests that, on average, two thirds of the global benefits are shared 'downstream', i.e., among domestic and foreign farmers and consumers, while only one third is extracted 'upstream', i.e., by gene developers and seed suppliers. Can this global rule of thumb be extrapolated to the EU? We review studies on GM maize, sugar beet and oilseed rape in Spain, Hungary, the Czech Republic and the EU-25. The potential annual value of GM technologies for single Member States ranges from €0.1 million to €42 million, distributed according to the same rule of thumb. With a global annual value of €668 million, herbicide tolerance in sugar beet cultivation is the EU's most promising 'first-generation' GM technology The new Member States could also substantially benefit from GM crops. While the Czech Republic embraced GM maize in recent years, Hungary imposed a "de facto" ban on GM crops. By denying farmers access to potentially cost-reducing technologies, banning GM crops could be counterproductive for the future competitiveness of EU agriculture. Copyright The Agricultural Ecomomics Society and the European Association of Agricultural Economists 2007.
If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
As the access to this document is restricted, you may want to look for a different version under "Related research" (further below) or search for a different version of it.
Volume (Year): 6 (2007)
Issue (Month): 3 (December)
|Contact details of provider:|| Web page: http://www.blackwellpublishing.com/journal.asp?ref=1478-0917|
More information through EDIRC
|Order Information:||Web: http://www.blackwellpublishing.com/subs.asp?ref=1478-0917|
When requesting a correction, please mention this item's handle: RePEc:bla:eurcho:v:6:y:2007:i:3:p:46-53. 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: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
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.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with 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 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.