Originality/value of the paper – The chapter aims to illustrate the welfare effects generated by GM crops for adopters, non-adopters, in a segmented and regulated international market. Unlike other papers, the review section provides key transversal lessons from the literature, accounting for results from both partial equilibrium and CGE model studies. The empirical application focuses on four populous Asian countries that have been largely left out of the literature. The model used in the simulation presents a number of improvement from the CGE literature on GM crops, including partial adoption, factor-biased productivity shock in each adopting country, GM labeling regulations modeled as trade filters, and the inclusion of costly non-GM segregation as observed in the international market.
Gruère, G.P., Bouët, A. and Mevel, S. (2011), "Chapter 12 International Trade and Welfare Effects of Biotechnology Innovations: GM Food Crops in Bangladesh, India, Indonesia, and the Philippines", Carter, C.A., Moschini, G. and Sheldon, I. (Ed.) Genetically Modified Food and Global Welfare (Frontiers of Economics and Globalization, Vol. 10), Emerald Group Publishing Limited, Bingley, pp. 283-308. https://doi.org/10.1108/S1574-8715(2011)0000010017
Emerald Group Publishing Limited
Copyright © 2011, Emerald Group Publishing Limited