STUDY: Evaluating the Economic and Environmental Impacts of a Global GMO Ban

By Michael Stebbins • September 20, 2016

The following is an excerpt of a scholarly paper published to the site AgEcon analyzing the economic and environmental impacts of a global ban of the use of agricultural biotechnology products.

The objective of this research is to assess the global economic and greenhouse gas emission impacts of GMO crops. This is done by modeling two counterfactual scenarios and evaluating them apart and in combination. The first scenario models the impact of a global GMO ban. The second scenario models the impact of increased GMO penetration. The focus is on the price and welfare impacts, and land use change greenhouse gas (GHG) emissions associated with GMO technologies.

Much of the prior work on the economic impacts of GMO technology has relied on a combination of partial equilibrium analysis and econometric techniques. However, Computable General Equilibrium (CGE) modelling is a way of analyzing economy-wide impacts that takes into account the linkages in the global economy. Though it has been used in the context of GMO crops, the focus has been on the effects of various trade policies and regulatory regimes.

Here the goal is to contribute to the literature on the benefits of GMO technology by estimating the impacts on price, supply and welfare. Food price impacts range from an increase of 0.27% to 2.2%, depending on the region. Total welfare losses associated with loss of GMO technology total up to $9.75 billion. The loss of GMO traits as an intensification technology has not only economic impacts, but also environmental ones.

The full environmental analysis of GMO is not undertaken here. Rather we model the land use change owing to the loss of GMO traits and calculate the associated increase in GHG emissions. We predict a substantial increase in GHG emissions if GMO technology is banned.

To read the entire paper, please click here

Posted on March 2, 2018
Believe it or not, I jump at opportunities to talk about aquatic life, so thank you for your interest. I developed a passion for aquatic animals early on and remain grateful that I have managed to explore my passions in ecotoxicology for over 25 years! This is a very general question in terms of pesticide/herbicide options that are commercially available and as well as applications. I will focus on glyphosate and dicamba specifically. Two active ingredients in herbicidal formulations that... Read More
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Posted on March 2, 2018
Believe it or not, I jump at opportunities to talk about aquatic life, so thank you for your interest. I developed a passion for aquatic animals early on and remain grateful that I have managed to explore my passions in ecotoxicology for over 25 years! This discussion will focus on glyphosate and dicamba as examples of herbicides that are used to manage weed control on farms cultivating GM crops. As background, glyphosate binds strongly to soils limiting bioavailability and glyphosate rapidly... Read More
Answer:
Posted on March 2, 2018
Believe it or not, I jump at opportunities to talk about aquatic life, so thank you for your interest. I developed a passion for aquatic animals early on and remain grateful that I have managed to explore my passions in ecotoxicology for over 25 years! Many different short-term and long-term aquatic studies are required for pesticides during the registration process and these studies are used to evaluate if there are potential impacts to aquatic life. These required studies test for potential... Read More
Answer:
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