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GTAP Resource #997

"The Impliactions of GMOs for Australian Trade"
by Stone, Susan, Anna Matysek and Andrew Dolling

The Implications of GMOs for Australian Trade

Susan Stone*, Andrew Dolling and Anna Matysek
Productivity Commission, Melbourne, Australia
January 2002


The introduction of genetically modified crops can affect international trade in a number of ways. Prior studies have focussed on the effects of higher productivity of GM crops and on differences in consumer attitudes across regions. This study builds on this earlier work by including the costs of actual or proposed regulation in different regions. It analyses two crops (grains and oilseeds), using working assumptions about productivity gains, consumer attitudes and costs of regulation. Under these assumptions, welfare increases in the major GM crop producing regions. Small GM-producing regions, such as Australia and New Zealand, experience welfare declines linked to terms of trade deterioration.
JEL: O3, F13, Q17, C68
Keywords: GMO, trade, Australia, general equilibrium

Resource Details (Export Citation) GTAP Keywords
Category: GTAP Application
2002 Conference Paper
Status: Published
By/In: Presented at the 5th Annual Conference on Global Economic Analysis, Taipei, Taiwan
Date: 2002
Created: Stone, S. (4/28/2002)
Updated: Bacou, M. (7/16/2002)
Visits: 2,816
- Agricultural policies

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