Please use this identifier to cite or link to this item: https://hdl.handle.net/10419/74983 
Year of Publication: 
2012
Series/Report no.: 
LICOS Discussion Paper No. 306
Publisher: 
Katholieke Universiteit Leuven, LICOS Centre for Institutions and Economic Performance, Leuven
Abstract: 
The paper develops a composite index of GMO standards restrictiveness for 60 countries, assigning objective scores to six different regulatory dimensions. Using this index and its components, we empirically investigate the political and economic detfirminants of GMO regulations. Results show that many of the detfirminants highlighted in the theoretical literature, such as the country trade position, the potential gains from GMO adoption, and the consumer risk aversion, are important detfirminants of the restrictiveness in GMO regulations. As a key result there emerges a prominent role for the market of infirmation, showing that the structure of domestic mass media (public vs. private) is an important driver of GMO standards.
Subjects: 
GMO standards
political economics
media market
JEL: 
D72
Q13
Q16
Q18
Document Type: 
Working Paper

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