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An evaluation of risk analysis as applied to agricultural biotechnology (with a case study of gmo labeling)

  • Julie A. Caswell

    (Department of Resource Economics, 235 Draper Hall, University of Massachusetts at Amherst, Amherst, MA USA 01003)

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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Article provided by John Wiley & Sons, Ltd. in its journal Agribusiness.

Volume (Year): 16 (2000)
Issue (Month): 1 ()
Pages: 115-123

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Handle: RePEc:wly:agribz:v:16:y:2000:i:1:p:115-123
Contact details of provider: Web page: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1520-6297

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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. Caswell, Julie A. & Mojduszka, Eliza M., 1996. "Using Informational Labeling To Influence The Market For Quality In Food Products," Working Papers 25989, Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance.
  3. 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.
  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. 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.
  6. 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.
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