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North-North-South Ag-Biotech Policy: Implications For Growth And Trade

Author

Listed:
  • Weatherspoon, Dave D.
  • Oehmke, James F.
  • Wolf, Christopher A.
  • Naseem, Anwar
  • Maredia, Mywish K.
  • Hightower, Amie L.

Abstract

This paper examines the impact of European Union policy on genetically modified organisms on trade flows and economic growth. Restrictive European Union policies on biotech production and consumption result in: an effective export subsidy of capital to the South; new trade flows; North America being the dominant producer of biotech research and development; the South being a dominant producer of biotech products; and the European Union being the dominant producer of traditional agricultural products.

Suggested Citation

  • Weatherspoon, Dave D. & Oehmke, James F. & Wolf, Christopher A. & Naseem, Anwar & Maredia, Mywish K. & Hightower, Amie L., 1999. "North-North-South Ag-Biotech Policy: Implications For Growth And Trade," Staff Papers 11681, Michigan State University, Department of Agricultural, Food, and Resource Economics.
  • Handle: RePEc:ags:midasp:11681
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    File URL: http://purl.umn.edu/11681
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    References listed on IDEAS

    as
    1. Segerstrom, Paul S, 1991. "Innovation, Imitation, and Economic Growth," Journal of Political Economy, University of Chicago Press, vol. 99(4), pages 807-827, August.
    2. Segerstrom, Paul S & Anant, T C A & Dinopoulos, Elias, 1990. "A Schumpeterian Model of the Product Life Cycle," American Economic Review, American Economic Association, vol. 80(5), pages 1077-1091, December.
    3. Dinopoulos, Elias & Oehmke, James F. & Segerstrom, Paul S., 1993. "High-technology-industry trade and investment : The role of factor endowments," Journal of International Economics, Elsevier, vol. 34(1-2), pages 49-71, February.
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