Abstract
It looks increasingly likely that the future of biotechnology will be determined as much in the marketplace as in the capitals of key nation states. Regardless of what governments now do about regulating biotechnology in the agri-food sector, the technology seems to be irreversibly present in parts of the global marketplace. How the market is able to respond to diverging and incommensurate demands about the provenance of food will influence the scale and scope of benefits and costs generated, and ultimately will determine how investors (both public and private) allocate resources to this area. Coexistence will either be part of the solution or part of the problem.
This is a preview of subscription content, log in via an institution to check access.
Access this chapter
Tax calculation will be finalised at checkout
Purchases are for personal use only
References
Alston, J., G. Norton, and P. Pardey. 1995. Science under scarcity: Principles and practice of agricultural research evaluation and priority setting. Ithaca NY: Cornell University Press.
Anderson, K. 2010. Economic impacts of policies affecting crop biotechnology and trade. New Biotechnology 27(5): 558–564.
Bayer, J., G. Norton, and J. Falck-Zepeda. 2010. The cost of biotechnology regulation in the Philippines: Implications for developing countries. AgBioForum 19(1): 53–62.
Brookes, G., and P. Barfoot. 2010. GM crops: Global socio-economic and environmental impacts 1996–2008. Dorchester, UK: PG Economics Ltd. http://www.pgeconomics.co.uk/pdf/2010-global-gm-crop-impact-study-final-April-2010.pdf.
Gruère, G., and S. Rao. 2007. A review of international labeling policies of genetically modified food to evaluate India’s proposed rule. AgBioForum 10(1): 51–64. Available on the World Wide Web: http://www.agbioforum.org.
Haggui, F., P. Phillips, and R. Gray. 2006. Opposition to genetically modified wheat and global food security. In International trade and policies for GM products, vol. 15, ed. R. Evenson, and V. Santaniello, 175–190. Wallingford: CABI Publishing.
ISAAA. 2011. Global status of commercialized biotech/GM crops. ISAAA Brief 42-2010. www.isaaa.org.
James, C. 2003. Global review of commercialized transgenic crops: 2002 feature: Bt maize. ISAAA Briefs No. 29. ISAAA: Ithaca, NY.
Kalaitzandonakes, N., J. Alston, and K. Bradford. 2006. Compliance costs for regulatory approval of new biotech crops. In Economics of regulation of agricultural biotechnologies, ed. J. Alston, D. Zilberman, and R. Just. New York: Springer.
Lusk, J., M. Jamal, L. Kurlander, M. Roucan, and L. Taulman. 2005. A meta-analysis of genetically modified food valuation studies. Journal of Agricultural and Resource Economics 30(1): 28–44.
Phillips, P.W.B., and H. McNeill. 2000. Labeling for GM foods: Theory and practice. AgBioForum 3(4): 219–224. Available on the World Wide Web: http://www.agbioforum.org.
McDougall, Phillips. 2011. The cost and time involved in the discovery, development and authorization of a new plant biotechnology derived trait: A consultancy study for CropLife International. Midlothian: Phillips McDougal.
Pray, C.E., P. Bengali, and B. Ramaswami. 2005. The cost of regulation: The India experience. Quarterly Journal of International Agriculture 44(3): 267–289.
Pray, C.E., B. Ramaswami, J. Huang, R. Hu, P. Bengali, and H. Zhang. 2006. Costs and enforcement of biosafety regulations in India and China. International Journal of Technology and Globalization 2(1&2): 137–157.
Author information
Authors and Affiliations
Corresponding author
Editor information
Editors and Affiliations
Rights and permissions
Copyright information
© 2016 Springer Science+Business Media New York
About this chapter
Cite this chapter
Phillips, P.W.B. (2016). Market Solutions to Coexistence and Regulatory Asynchrony. In: Kalaitzandonakes, N., Phillips, P., Wesseler, J., Smyth, S. (eds) The Coexistence of Genetically Modified, Organic and Conventional Foods. Natural Resource Management and Policy, vol 49. Springer, New York, NY. https://doi.org/10.1007/978-1-4939-3727-1_26
Download citation
DOI: https://doi.org/10.1007/978-1-4939-3727-1_26
Published:
Publisher Name: Springer, New York, NY
Print ISBN: 978-1-4939-3725-7
Online ISBN: 978-1-4939-3727-1
eBook Packages: Economics and FinanceEconomics and Finance (R0)