labeling genetically modified food economics and rules n.
Download
Skip this Video
Loading SlideShow in 5 Seconds..
Labeling Genetically Modified Food: Economics and Rules PowerPoint Presentation
Download Presentation
Labeling Genetically Modified Food: Economics and Rules

Loading in 2 Seconds...

play fullscreen
1 / 10

Labeling Genetically Modified Food: Economics and Rules - PowerPoint PPT Presentation


  • 132 Views
  • Uploaded on

Labeling Genetically Modified Food: Economics and Rules. Song-Soo Lim Korea Rural Economic Institute Seoul, KOREA. Why Labeling?. Consumer preferences Safety: potential health risk Environmental concern: externalities Ethics: values Responses Labeling and traceability

loader
I am the owner, or an agent authorized to act on behalf of the owner, of the copyrighted work described.
capcha
Download Presentation

PowerPoint Slideshow about 'Labeling Genetically Modified Food: Economics and Rules' - fraley


An Image/Link below is provided (as is) to download presentation

Download Policy: Content on the Website is provided to you AS IS for your information and personal use and may not be sold / licensed / shared on other websites without getting consent from its author.While downloading, if for some reason you are not able to download a presentation, the publisher may have deleted the file from their server.


- - - - - - - - - - - - - - - - - - - - - - - - - - E N D - - - - - - - - - - - - - - - - - - - - - - - - - -
Presentation Transcript
labeling genetically modified food economics and rules

Labeling Genetically Modified Food: Economics and Rules

Song-Soo Lim

Korea Rural Economic Institute

Seoul, KOREA

why labeling
Why Labeling?
  • Consumer preferences

Safety: potential health risk

Environmental concern: externalities

Ethics: values

  • Responses

Labeling and traceability

Cartagena Protocol on Biosafety

Precautionary principle

consumer attitudes i
Consumer Attitudes I
  • Survey Data

20 countries including

EU members, US, CAN, JPN, and KOR

  • Correlations

Awareness-Health risk perception:0.314

Awareness-Willingness to buy: -0.362

consumer attitudes ii
Consumer Attitudes II
  • Consumer awareness

Greater consumer awareness associates with greater concerns with potential health risks

  • Market failure?

Calling for public intervention

Non-homogenous consumer concerns

  • Information gap?

Requiring transparency and more information

an economic approach
An Economic Approach
  • Adverse quality problem: bad lemon

At the presence of a concerned consumer group, no market segregation between GM and non-GM food is likely to reduce welfare.

  • Labeling: market segregation

Labeling increases consumer choice, allowing consumers to match their preferences.

Increase market efficiency and reduce search costs.

national measures
National Measures
  • Mandatory labeling with thresholds

1%: AU, NZ, EU, AUS, UK, CHZ, HUN,ICE

2%: NOR

3%: KOR, SWI

5%: JPN

  • Voluntary labeling

US, CAN

international tbt agreement
International: TBT Agreement
  • Non-discrimination: like product

End product use

Consumer preference and habit

Physical characteristics, nature and quality

Allowing patents for GM seed in US

  • Necessity: legitimate objective

Consumers’ right to know and ethical issues

Prevention of deceptive practices: SWI, EU

issues export subsidies
Issues: Export Subsidies

International: SPS Agreement

  • Objective

To protect plant, animal, human life and health

  • International standards

Codex Alimentarius Commission

International Office of Epizootics

International Plant Protection Convention

  • Applicable to labeling

Lack of scientific justification

international others
International: Others
  • Codex Committee on Food Labeling

8-year debates produced only definition.

Not clear if Codex standards would be a solid evidence for dispute settlement in the WTO.

SPS: deemed; TBT: reputably presumed

  • Protocol on Biosafety

Article 18: May contain, unique identification

  • OECD

Biotrack: MOC with UNEP/CBD

Workshop for unique identification

summary and conclusion
Summary and Conclusion
  • Economically
    • Labeling contributes to market efficiency
    • Consumer attitude is non-homogeneous
  • Internationally
    • WTO and other standards may be applicable
    • It is not clear how and when: Work in Process
  • Uncertainty in the future
    • Consumer preferences: 2nd generation of GM
    • Technical development