Commercial Release of First-Generation Genetically Modified Food Products in New Zealand: Using a Partial Equilibrium Trade Model to Assess the Impact on Producer Returns in New Zealand

27 Pages Posted: 18 Aug 2004

See all articles by Caroline M. Saunders

Caroline M. Saunders

Lincoln University (NZ) - Economics Group

Selim Cagatay

Hacettepe University - Department of Economics

Abstract

In the present paper, the impact of genetically modified (GM) food production on producers, consumers and trade in New Zealand is simulated under various scenarios using the Lincoln Trade and Environment Model (LTEM). The LTEM simulates, against various assumptions of proportions of GM/GM-free production, the impact of various scenarios relating to preference for or against GM production. The results from this preliminary analysis show that the greatest positive impact on New Zealand income is from following a GM-free strategy, where it is assumed such markets as the European Union and Japan have a large switch in preference away from GM food, followed by the scenario when there is a 20% preference for GM-free.

Suggested Citation

Saunders, Caroline M. and Cagatay, Selim, Commercial Release of First-Generation Genetically Modified Food Products in New Zealand: Using a Partial Equilibrium Trade Model to Assess the Impact on Producer Returns in New Zealand. Available at SSRN: https://ssrn.com/abstract=544504

Caroline M. Saunders (Contact Author)

Lincoln University (NZ) - Economics Group ( email )

Canterbury
New Zealand
+64 (3) 325-3627 (Phone)
+64 (3) 325 3847 (Fax)

HOME PAGE: http://www.lincoln.ac.nz/comm/profiles/saunderc.htm

Selim Cagatay

Hacettepe University - Department of Economics ( email )

Beytepe-06532
Ankara, 06532
Turkey
00-90-312-297 86 50 x 26 (Phone)
00-90-312-299 20 03 (Fax)

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