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- W2373413029 abstract "Based on the Stackelberg's equilibrium in China's soybean supplier markets,this paper analyzes the effect of banning on import of genetically modified soybean on China's soybean market equilibrium,producer surplus,consumer welfare,the ultimate beneficiaries and opportunity cost of the regulation.The study shows the trade ban would not help soybean producers in China in the long run,and the ban would impair consumer welfare.The actual beneficiaries from the ban are prices of production factors.Furthermore,by evaluating the virtual farmland resulted from genetically modified soybean,it shows the trade ban puts China's food security at risk.Considering domestic grain product safety,producer surplus and consumer welfare,this paper highlights the importance of implementing an effective virtual farmland strategy,speeding up safety approvals of genetically modified soybean import,strictly applying a mandatory labeling system and strengthening risk assessment in transgenic programs." @default.
- W2373413029 created "2016-06-24" @default.
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- W2373413029 date "2013-01-01" @default.
- W2373413029 modified "2023-09-25" @default.
- W2373413029 title "Welfare Changes and Virtual Farmland by Prohibition of Genetically Modified Soybean Import in China:An Analysis Based on Stackelberg Equilibrium" @default.
- W2373413029 hasPublicationYear "2013" @default.
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