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30000005203405 HD9999 G453 E85 2002 Open Access Book Book
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30000005179043 HD9999 G453 E85 2002 Open Access Book Book
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Summary

Summary

The investment climate for firms producing genetically modified (GM) agricultural products has recently experienced considerable change, with the occurrence of remarkably high rate of farmer acceptance, but considerable consumer resistance. The present system that involves firms developing biotech products, farmers producing the products, food and related agribusiness industrial firms, and consumers of food, is very volatile. This however will soon be affected by changes in reulatory, trade and food safety regimes.This book addresses these key issues and is based on papers presented at the fourth meeting of The International Consortium on Agricultural Biotechnology Research (ICABR), on Economics of Agricultural Biotechnology, held at Ravello, Italy, in August 2000. Organized in four parts, this volume focuses on:Consumer reactions to GM food informationRegulatory issuesFarmer acceptance of biotech productsChanges in industrial organization in life science and food sectors


Table of Contents

M. Burton and S. James and B. Lindner and J. PluskeM. McGarry Wolf and C. DomeganA. Verdurme and X. Gellynck and J. Viaene and W. VerbekeC.-H. Hanf and A. BockerC.A. Mendenhall and R.E. EvensonN.M. Spetsidis and G. SchamelL.W. TauerI. Henriques and L.J. ButlerL.S. JarvisR.S. Gray and S. Malla and P.W.B. PhillipsC. Alexander and J. Fernandez-Cornejo and R.E. GoodhueD.A. Darr and W.S. ChernJ. Niemi and M. VirolainenM.T. Gorgitano and V. SodanoW.E. Huffman and A. TegeneS. Smyth and P.W.B. PhillipsL.A. Marks and S. Mooney and N. KalaitzandonakesL.A. Marks and N. Kalaitzandonakes and K. Allison and L. ZakharovaJ.E. Carpenter and L.P. GianessiP.W.B. Phillips and H. McNeillW.W. LinA. ArtusoM. BolandW.B. Traill and C.E. DuffieldB.F. Lavoie and I.M. SheldonR.D. Weaver and T. Kim
Contributorsp. vii
Acknowledgementsp. x
Introductionp. 1
1. A Way Forward for Frankenstein Foodsp. 7
Part I Evaluating Consumer Attitudes to GM Foods
2. A Comparison of Consumer Attitudes towards GM Food in Ireland and the United States: a Case Study Over Timep. 25
3. Differences in Public Acceptance between Generic and Premium Branded GM Food Products: an Analytical Modelp. 39
4. Is European Consumers' Refusal of GM Food a Serious Obstacle or a Transient Fashion?p. 49
5. Estimates of Willingness to Pay a Premium for Non-GM Foods: a Surveyp. 55
6. A Consumer-based Approach towards New Product Development through Biotechnology in the Agro-food Sectorp. 63
Part II Acceptance by Farmers of Biotech Products
7. The Impact of Bovine Somatotropin on Farm Profitsp. 81
8. The Importance of Feed Management Technologies in the Decision to Adopt Bovine Somatotropin: an Application to California Dairy Producersp. 91
9. The Potential Effect of Recombinant Bovine Somatotropin on World Dairyingp. 101
10. Gains to Yield-increasing Research in the Evolving Canadian Canola Research Industryp. 113
11. Determinants of GMO Use: a Survey of Iowa Maize-Soybean Farmers' Acreage Allocationp. 127
12. Estimating Adoption of GMO Soybeans and Maize: a Case Study of Ohio, USAp. 141
13. Ex ante Economic Assessment of Adopting Genetically Engineered Crops in Finlandp. 159
14. Biotechnology, Farm Management and Local Agricultural Developmentp. 167
Part III The Role of Information Systems and of Associated Regulatory Developments
15. Public Acceptance of and Benefits from Agricultural Biotechnology: a Key Role for Verifiable Informationp. 179
16. Science and Regulation: Assessing the Impacts of Incomplete Institutions and Information in the Global Agricultural Biotechnology Industryp. 191
17. Quantifying Scientific Risk Communications of Agrobiotechnologyp. 205
18. Time Series Analysis of Risk Frames in Media Communication of Agrobiotechnologyp. 217
19. Case Study in Benefits and Risks of Agricultural Biotechnology: Roundup Ready Soybeansp. 227
20. Labelling for GM Foods: Theory and Practicep. 245
21. Estimating the Costs of Segregation for Non-biotech Maize and Soybeansp. 261
22. Endogenous Demand and Optimal Product Regulation: the Case of Agricultural Biotechnologyp. 271
Part IV Industry Structure Issues
23. Tobin's q and the Value of Agriceutical Firmsp. 279
24. The Structure of the European Agro-food Biotechnology Industry: Are Strategic Alliances Here to Stay?p. 283
25. Market Structure in Biotechnology: Implications for Long-run Comparative Advantagep. 291
26. Biotechnology in the Supply Chain: Managing a Product Differentiating Technologyp. 301
Indexp. 313
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