Author:
VIGANI MAURO,RAIMONDI VALENTINA,OLPER ALESSANDRO
Abstract
AbstractThis paper quantifies the effect of GMO regulation on bilateral trade flows of agricultural products. We develop a composite index of GMO regulations and using a gravity model we show that bilateral differences in GMO regulation negatively affect trade flows. This effect is especially driven by labeling, approval process, and traceability. Our results are robust to the endogeneity of GMO standards to trade flows.
Publisher
Cambridge University Press (CUP)
Subject
Law,Political Science and International Relations,Economics and Econometrics
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