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This research uses a general equilibrium framework to examine the impacts of labeling policies on genetically modified (GM) agricultural products in the international trading system. The research focuses on the case of the policy debate between the United States and the European Union. Numerical...
Persistent link: https://www.econbiz.de/10008740134
This paper analyses the impact of quality based labelling on product prices, factor allocation and the resulting effects on producers within the context of an international trading system. A general equilibrium model, calibrated to 1998 data, describes United States and European Union labelling...
Persistent link: https://www.econbiz.de/10008740158
Persistent link: https://www.econbiz.de/10008740176
This paper provides estimates of the economic impact of initial adoption of genetically modified (GM) cotton and of its potential impacts beyond the few countries where it is currently common. Use is made of the latest version of the GTAP database and model. Our results suggest that by following...
Persistent link: https://www.econbiz.de/10008693054