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Full Description
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
Contents
1: Introduction 2: A Way Forward for Frankenstein Foods Part I: Evaluating Consumer Attitudes to GM Foods 3: A Comparison of Consumer Attitudes Toward Genetically Modified Food in Ireland and the United States:A Case Study Over Time 4: Differences in Public Acceptance Between Generic and Premium Branded GM Food Products: An Analytical Model 5: Is European Consumers' Refusal of GM Food a Serious Obstacle or a Transient Fashion? 6: Estimates of WTP Premium for Non-GM Foods - A Survey 7: A Consumer Based Approach Towards New Product Development Through Biotechnology in the Agro-Food Sector Part II: Acceptance by Farmers of Biotech Products 8: The Impact of Bovine Somatotropin on Farm Profits 9: The Importance of Feed Management Technologies in the Decision to Adopt Bovine Somatotropin (bST): An Application to California Dairy Producers 10: The Potential Effect of Recombinant Bovine Somatotropin (rbST) on World Dairying 11: Gains to Yield Increasing Research in the Evolving Canadian Canola Research Industry 12: Determinants of GMO Use: A Survey of Iowa Corn-Soybean Farmers' Acreage Allocation 13: Estimating Adoption of GMO Soybeans and Corn: A Case Study of Ohio, USA 14: Ex-ante Economic Assessment of Adopting Genetically Engineered Crops in Finland 15: Biotechnology, Farm Management and Local Agricultural Development Part III: The Role of Information Systems and of Associated Regulatory Developments 16: Public Acceptance of and Benefits from Agricultural Biotechnology: A Key Role for Verifiable Information 17: Science and Regulation: Assessing the Impacts of Incomplete Institutions and Information in the Global Agricultural Biotechnology Industry 18: Quantifying Scientific Risk Communications of Agrobiotechnology 19: Time Series Analysis of Risk Frames in media Communication of Agrobiotechnology 20: Case Study in Benefits and Risks of Agricultural Biotechnology: Roundup Ready Soybeans 21: Labelling for GM Foods: Theory and Practice 22: Estimating the Costs of Segregation for Nonbiotech Corn and Soybeans 23: Endogenous Demand and Optimal Product Regulation: The Case of Agricultural Biotechnology Part IV: Industry Structure Issues 24: Tobin's q and the Value of Agriceutical Firms 25: The Structure of the European Agro-Food Biotechnology Industry: Are Strategic Alliances Here to Stay? 26: Market Structure in Biotechnology: Implications for Long-Run Comparative Advantage 27: Biotechnology in the Supply Chain: Managing a Product Differentiating Technology
