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Busy Bees, Zero Tolerance, Foregone Trade and Inhibited Investment: Can the Global Divide Over GM Foods Be Bridged?

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  • Kerr, William A.
  • Hobbs, Jill E.

Abstract

The global market for agri-food products has been divided for a decade. The division arose over the approval of biotechnology-based innovations – with the European Union temporarily suspending approvals and imports until it could devise a new approval mechanism. Other countries chose between regulatory paths. Trade was disrupted – reducing the profitability of investment. Biotechnology innovations continue to be approved. The potential for contamination of traded non-GM products has increased and the focus has shifted to contamination-based disruptions. Divergent paths were never expected to persist but institutional rigidities are likely to prevent re-synchronization of approvals. The value of forgone benefits will accelerate.

Suggested Citation

  • Kerr, William A. & Hobbs, Jill E., 2012. "Busy Bees, Zero Tolerance, Foregone Trade and Inhibited Investment: Can the Global Divide Over GM Foods Be Bridged?," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 125161, International Association of Agricultural Economists.
    • Handle: RePEc:ags:iaae12:125161
    DOI: 10.22004/ag.econ.125161
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    References listed on IDEAS

    as
    1. Kerr, William A. & Hall, Shannon L., 2004. "Multilateral Environmental Agreements and Agriculture: Commitments, Cooperation and Conflicts," CAFRI: Current Agriculture, Food and Resource Issues, Canadian Agricultural Economics Society, issue 5, pages 1-14, February.
    2. Viju, Crina & Yeung, May T. & Kerr, William A., 2011. "Post-Moratorium EU Regulation of Genetically Modified Products: Trade Concerns," Commissioned Papers 116848, Canadian Agricultural Trade Policy Research Network.
    3. Viju, Crina & Yeung, May T. & Kerr, William A., 2011. "Post-Moratorium EU Regulation of Genetically Modified Products: Triffid Flax," Commissioned Papers 116849, Canadian Agricultural Trade Policy Research Network.
    4. James D. Gaisford & Jill E. Hobbs & William A. Kerr & Nicholas Perdikis, 2001. "The Economics of Biotechnology," Books, Edward Elgar Publishing, number 2305.
    5. William A. Kerr & James D. Gaisford (ed.), 2007. "Handbook on International Trade Policy," Books, Edward Elgar Publishing, number 3521.
    6. Kareen L. Holtby & William A. Kerr & Jill E. Hobbs, 2007. "International Environmental Liability and Barriers to Trade," Books, Edward Elgar Publishing, number 12610.
    Full references (including those not matched with items on IDEAS)

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