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Pharmaceutical and Industrial Traits in Genetically Modified Crops: Coexistence with Conventional Agriculture
Author(s) -
Moschini GianCarlo
Publication year - 2006
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.1111/j.1467-8276.2006.00931.x
Subject(s) - citation , agriculture , session (web analytics) , principal (computer security) , order (exchange) , library science , agricultural science , political science , economics , agricultural economics , computer science , business , geography , advertising , biology , archaeology , operating system , finance
This paper discusses the implications of using genetically modified crops to biomanufacture pharmaceuticals and industrial compounds from the perspective of their co-existence with conventional agriculture. Such plant-made pharmaceuticals and plant-made industrial products rely on exciting scientific and technological breakthroughs and promise new opportunities for the agricultural sector, but they also entail novel risks. The management of the externalities and of the possible unintended economic effects that arise in this context is critical and poses difficult questions for regulators.