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Article
In medio stat virtus: coexistence policies for GM and non-GM production in spatial equilibrium
European Review of Agricultural Economics
  • Giancarlo Moschini, Iowa State University
Document Type
Article
Publication Version
Submitted Manuscript
Publication Date
1-1-2015
DOI
10.1093/erae/jbu040
Abstract
This article develops a spatial equilibrium model suitable to analyse the economic impacts of measures (such as isolation distances and buffer zones) meant to ensure coexistence between genetically modified (GM) and non-GM crops. We show that policies that put the cost of such measures exclusively on GM producers lead to a competitive equilibrium that is biased against GM products (relative to the welfare maximising allocation). Efficient allocation is restored if the cost of implementing coexistence measures is shared equally between adjacent GM and non-GM farms.
Comments

This is a working paper of an article from European Review of Agricultural Economics 42 (2015): 851, doi: 10.1093/erae/jbu040.

Citation Information
Giancarlo Moschini. "In medio stat virtus: coexistence policies for GM and non-GM production in spatial equilibrium" European Review of Agricultural Economics Vol. 42 Iss. 5 (2015) p. 851 - 874
Available at: http://works.bepress.com/giancarlo-moschini/76/