Economic effects of agricultural biotechnology research in the presence of price-distorting policies
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 economy-wide model of the global economy (GTAP) to quantify the effects of selected countries enjoying an assumed degree of...[Show more]
|Collections||ANU Research Publications|
|Source:||Journal of Economic Integration|
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