Concerns may be valid labeling labeling reasonable

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Unformatted text preview: rns may be valid. Labeling Labeling Reasonable labeling is a reasonable regulatory requirement requirement Product tracing will reduce cost of safety maintenance. maintenance. Labeling will benefit industry in the long Labeling run.Enable product differntiation run.Enable Should be done privately subject to government Should monitoring monitoring Consider Consider 250 million Americans are the “guinea pigs” for 250 agricultural biotechnology. Northern countries also took the risk with cars and with modern chemicals. Africa missed the Green Revolution; will it also miss Africa the Gene Revolution? the Epilog Differences in attitudes US vs EU- is it consumers attitudes? threatens attitudes? U.S. relative advantage in Biotech U.S. European dominance in chemical pest control markets markets Innovative capacity: Forward citations to US agbiotech patents Forward By nationality of lead inventor and grant date of cited patent 1800 1600 1400 1200 1000 800 600 400 200 0 1984 1985 1986 1987 1988 North American European 1989 1990 1991 1992 1993 1994 1995 Japanese 1996 1997 1998 1999 2000 Innovative capacity: Forward citations to US agrochemical patents Forward By nationality of lead inventor and grant date of cited patent 1800 1600 1400 1200 1000 800 600 400 200 0 1980 1981 1982 1983 1984 1985 1986 1987 1988 North American European Japanese 1996 1997 1998 1999 2000 1989 1990 1991 1992 1993 1994 1995 Market incentives: Global crop protection market, sales US $ millions...
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This note was uploaded on 03/18/2010 for the course ECON C125 taught by Professor Zelberman during the Spring '09 term at University of California, Berkeley.

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