Trade in genetically modified food: a survey of empirical studies

New advances in biotechnology have enhanced production of maize, soybeans, and cotton. Consumer reactions to the new technology have been mixed. Both the supply shock, from an increase in productivity or a reduction in input use, and the demand shock, which is determined by the consumer response to...

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Autor principal: International Food Policy Research Institute
Formato: Artículo preliminar
Lenguaje:Inglés
Publicado: International Food Policy Research Institute 2002
Materias:
Acceso en línea:https://hdl.handle.net/10568/156691
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author International Food Policy Research Institute
author_browse International Food Policy Research Institute
author_facet International Food Policy Research Institute
author_sort International Food Policy Research Institute
collection Repository of Agricultural Research Outputs (CGSpace)
description New advances in biotechnology have enhanced production of maize, soybeans, and cotton. Consumer reactions to the new technology have been mixed. Both the supply shock, from an increase in productivity or a reduction in input use, and the demand shock, which is determined by the consumer response to consuming GM foods, affect production, trade, and prices of GM foods. In this paper, we survey models that analyze the market effects of GM technology. The results depend on a number of important issues such as the cost of market segmentation and labeling, the nature of the productivity shock to producers of GM products, and the extent of any adverse reaction to GM products by consumers. The results from global trade models indicate that, if costs of labelling and market segmentation are not large, world markets can adjust to the various scenarios without generating extreme price differentials between GM and non-GM commodities or extreme changes in the pattern of world production and trade. Through market linkages, the benefits of the new technology tend to be spread widely, with adopters generally gaining more than non-adopters. In particular, developing countries will benefit if they can adopt the new technologies, and get mixed results if they are non-adopters. -- Authors' Abstract
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spelling CGSpace1566912025-11-06T05:32:35Z Trade in genetically modified food: a survey of empirical studies International Food Policy Research Institute innovation biotechnology maize soybeans cotton supply balance trade prices technology transfer genetically modified organisms foods economic aspects New advances in biotechnology have enhanced production of maize, soybeans, and cotton. Consumer reactions to the new technology have been mixed. Both the supply shock, from an increase in productivity or a reduction in input use, and the demand shock, which is determined by the consumer response to consuming GM foods, affect production, trade, and prices of GM foods. In this paper, we survey models that analyze the market effects of GM technology. The results depend on a number of important issues such as the cost of market segmentation and labeling, the nature of the productivity shock to producers of GM products, and the extent of any adverse reaction to GM products by consumers. The results from global trade models indicate that, if costs of labelling and market segmentation are not large, world markets can adjust to the various scenarios without generating extreme price differentials between GM and non-GM commodities or extreme changes in the pattern of world production and trade. Through market linkages, the benefits of the new technology tend to be spread widely, with adopters generally gaining more than non-adopters. In particular, developing countries will benefit if they can adopt the new technologies, and get mixed results if they are non-adopters. -- Authors' Abstract 2002 2024-10-24T12:45:07Z 2024-10-24T12:45:07Z Working Paper https://hdl.handle.net/10568/156691 en Open Access application/pdf International Food Policy Research Institute International Food Policy Research Institute. 2002. Trade in genetically modified food: a survey of empirical studies. TMD Discussion Paper 106. https://hdl.handle.net/10568/156691
spellingShingle innovation
biotechnology
maize
soybeans
cotton
supply balance
trade
prices
technology transfer
genetically modified organisms
foods
economic aspects
International Food Policy Research Institute
Trade in genetically modified food: a survey of empirical studies
title Trade in genetically modified food: a survey of empirical studies
title_full Trade in genetically modified food: a survey of empirical studies
title_fullStr Trade in genetically modified food: a survey of empirical studies
title_full_unstemmed Trade in genetically modified food: a survey of empirical studies
title_short Trade in genetically modified food: a survey of empirical studies
title_sort trade in genetically modified food a survey of empirical studies
topic innovation
biotechnology
maize
soybeans
cotton
supply balance
trade
prices
technology transfer
genetically modified organisms
foods
economic aspects
url https://hdl.handle.net/10568/156691
work_keys_str_mv AT internationalfoodpolicyresearchinstitute tradeingeneticallymodifiedfoodasurveyofempiricalstudies