Agricultural Economics Department

 

Cornhusker Economics

Date of this Version

2014

Document Type

Article

Citation

Cornhusker Economics (March 26, 2014)

Comments

Published by University of Nebraska–Lincoln Extension, Institute of Agriculture & Natural Resources, Department of Agricultural Economics. Copyright © [2014] Board of Regents, University of Nebraska. http://agecon.unl.edu/cornhuskereconomics

Abstract

The coexistence of genetically modified (GM) products with their conventional and organic counterparts has been one of the most scrutinized issues surrounding the introduction of products of agricultural biotechnology into the agri-food marketing system. Fears that the widespread adoption of GM products will drive their conventional (and perhaps organic) counterparts out of the market, have been countered by arguments that their presence enhances the equilibrium product variety in the market. Central to the argument is, of course, the possibility of coexistence of GM, conventional and organic products, with the main focus having been on farm production systems and the prospect of coexistence of GM, conventional and organic crops.

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