Economic Effects of Agricultural Biotechnology Research in the Presence of Price-Distorting Policies

• 영문명: Economic Effects of Agricultural Biotechnology Research in the Presence of Price-Distorting Policies
• 발행기관: 세종대학교 경제통합연구소
• 저자명: Kym Anderson Chantal Nielsen
• 간행물 정보: 『Journal of Economic Integration』제19권 제2호, 374~394쪽, 전체 21쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2004.06.30

영문 초록

The economic welfare implications of some countries using new genetically modified varieties in crop production will depend on which countries choose to adopt them and on whether others (notably Western Europe) ban their importation. They also depend on existing (non-GMO-specific) agricultural policies in affected markets. This paper uses a well-received empirical economywide model of the global economy (GTAP) to quantify the effects of selected countries enjoying an assumed degree of productivity growth from adopting GMO maize and soybean. It does so first by leaving existing distortionary policies in place and then assuming agricultural policies in Western Europe are completely liberalised. In both cases we investigate the effects of Western Europe refraining from using GMO technology in its own farm production but without versus with a ban on imports of GM products. The results suggest that (a) such an import ban would have a large adverse effect on economic welfare, particularly in Western Europe itself, and (b) while estimated global economic welfare benefits from the new biotechnology are not greatly reduced by Europe`s traditional price-distorting policies, the reductions in technology gains are concentrated in non-European countries.

목차

Ⅰ. Introduction

Ⅱ. Estimating Economic Effects of GMO Adoption and of Policy Reactions

Ⅲ. How different would the welfare effects of GMO adoption be in the absence of agricultural protection in Western Europe?

Ⅳ. Conclusions

키워드

GMOs Benefits of R&D Agricultural and trade policies