The Effects of Biotechnology Policy on Trade and Growth

dc.creatorOehmke, James F.
dc.creatorMaredia, Mywish K.
dc.creatorWeatherspoon, Dave D.
dc.date2017-04-01T19:50:43Z
dc.date.accessioned2026-07-09T03:45:02Z
dc.descriptionDespite the clear influence of European Union biotechnology restrictions on trade patterns, very little work has been done to model these influences or their long-run effects. This paper presents an economic trade theory model of biotechnology, biotechnology research and development (R&D), and biotechnology regulation. The model analyzes the impact of European Union consumer preferences on production and consumption of biotechnology products, the level and national origin of biotechnology R&D, trade patterns, and growth. The results indicate that developing countries may become the major producers of biotechnology agricultural products if they can establish the necessary legal infrastructure; and that European biotechnology regulations effectively act as a capital subsidy to developing countries.
dc.identifierdoi:10.22004/ag.econ.23872
dc.identifierhttps://ageconsearch.umn.edu/record/23872/files/02020283.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/23872
dc.identifier.urihttp://hdl.handle.net/123456789/539294
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/23872
dc.titleThe Effects of Biotechnology Policy on Trade and Growth
dc.typeText

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