Titulo:
GMOs and Economic Development in Peru: A Myth or an Opportunity?
.
Sumario:
Peru has a 10-year ban on genetically modified (GM) crops and food that was approved by the Peruvian congress in 2011. Is it scientifically justified or is it a cause and effect fallacy that will make Peru fall behind in taking advantage of this technology and its potential benefits to everyone else in the economy? In order to answer this question, a literature review was carried out to examine the three most commonly used arguments against genetically modified organisms (GMOs) by farmers and all those related to the agriculture industry, reaching the conclusion that they are not one hundred percent plausible. Further research showed the multiple, potential economic benefits that GM seeds could bring about to Peru, which are related to incr... Ver más
Guardado en:
2522-3054
2521-8301
3
2019-10-21
45
73
Journal of Economics Finance and International Business - 2019
info:eu-repo/semantics/openAccess
http://purl.org/coar/access_right/c_abf2
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ojs |
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GMOs and Economic Development in Peru: A Myth or an Opportunity? GMOs and Economic Development in Peru: A Myth or an Opportunity? Peru has a 10-year ban on genetically modified (GM) crops and food that was approved by the Peruvian congress in 2011. Is it scientifically justified or is it a cause and effect fallacy that will make Peru fall behind in taking advantage of this technology and its potential benefits to everyone else in the economy? In order to answer this question, a literature review was carried out to examine the three most commonly used arguments against genetically modified organisms (GMOs) by farmers and all those related to the agriculture industry, reaching the conclusion that they are not one hundred percent plausible. Further research showed the multiple, potential economic benefits that GM seeds could bring about to Peru, which are related to increased labor productivity, the development of human capital, and the expansion of renewable energy sources and its implications for trade and employment – the environmental and health benefits of GMO varieties are also discussed. This paper elaborates on such matters by applying different macro and microeconomic concepts, i.e., market structures and competition, the theory of the firm, and scarcity, among others; and provides insights about the different socio-economic realities present in Peru and possible ways to improve them. Peru has a 10-year ban on genetically modified (GM) crops and food that was approved by the Peruvian congress in 2011. Is it scientifically justified or is it a cause and effect fallacy that will make Peru fall behind in taking advantage of this technology and its potential benefits to everyone else in the economy? In order to answer this question, a literature review was carried out to examine the three most commonly used arguments against genetically modified organisms (GMOs) by farmers and all those related to the agriculture industry, reaching the conclusion that they are not one hundred percent plausible. Further research showed the multiple, potential economic benefits that GM seeds could bring about to Peru, which are related to increased labor productivity, the development of human capital, and the expansion of renewable energy sources and its implications for trade and employment – the environmental and health benefits of GMO varieties are also discussed. This paper elaborates on such matters by applying different macro and microeconomic concepts, i.e., market structures and competition, the theory of the firm, and scarcity, among others; and provides insights about the different socio-economic realities present in Peru and possible ways to improve them. Baxerias, Diego Banda, Carol Cause and effect fallacy GMO Human capital GM seeds Productivity Scarcity Q13 Q16 Cause and effect fallacy GMO Human capital GM seeds Productivity Scarcity Q13 Q16 3 1 Núm. 1 , Año 2019 : October Artículo de revista Journal article 2019-10-21T00:00:00Z 2019-10-21T00:00:00Z 2019-10-21 application/pdf Universidad San Ignacio de Loyola Journal of Economics Finance and International Business 2522-3054 2521-8301 https://revistas.usil.edu.pe/index.php/jefib/article/view/397 10.20511/jefib.2019.v3n1.397 https://doi.org/10.20511/jefib.2019.v3n1.397 spa https://creativecommons.org/licenses/by-nc-sa/4.0/ Journal of Economics Finance and International Business - 2019 45 73 https://revistas.usil.edu.pe/index.php/jefib/article/download/397/739 info:eu-repo/semantics/article http://purl.org/coar/resource_type/c_6501 http://purl.org/redcol/resource_type/ARTREF info:eu-repo/semantics/publishedVersion http://purl.org/coar/version/c_970fb48d4fbd8a85 info:eu-repo/semantics/openAccess http://purl.org/coar/access_right/c_abf2 Text Publication |
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UNIVERSIDAD SAN IGNACIO DE LOYOLA |
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https://nuevo.metarevistas.org/USIL/logo.png |
| country_str |
Perú |
| collection |
Journal of Economics Finance and International Business |
| title |
GMOs and Economic Development in Peru: A Myth or an Opportunity? |
| spellingShingle |
GMOs and Economic Development in Peru: A Myth or an Opportunity? Baxerias, Diego Banda, Carol Cause and effect fallacy Human capital GM seeds Productivity Scarcity Cause and effect fallacy Human capital GM seeds Productivity Scarcity |
| title_short |
GMOs and Economic Development in Peru: A Myth or an Opportunity? |
| title_full |
GMOs and Economic Development in Peru: A Myth or an Opportunity? |
| title_fullStr |
GMOs and Economic Development in Peru: A Myth or an Opportunity? |
| title_full_unstemmed |
GMOs and Economic Development in Peru: A Myth or an Opportunity? |
| title_sort |
gmos and economic development in peru: a myth or an opportunity? |
| title_eng |
GMOs and Economic Development in Peru: A Myth or an Opportunity? |
| description |
Peru has a 10-year ban on genetically modified (GM) crops and food that was approved by the Peruvian congress in 2011. Is it scientifically justified or is it a cause and effect fallacy that will make Peru fall behind in taking advantage of this technology and its potential benefits to everyone else in the economy? In order to answer this question, a literature review was carried out to examine the three most commonly used arguments against genetically modified organisms (GMOs) by farmers and all those related to the agriculture industry, reaching the conclusion that they are not one hundred percent plausible. Further research showed the multiple, potential economic benefits that GM seeds could bring about to Peru, which are related to increased labor productivity, the development of human capital, and the expansion of renewable energy sources and its implications for trade and employment – the environmental and health benefits of GMO varieties are also discussed. This paper elaborates on such matters by applying different macro and microeconomic concepts, i.e., market structures and competition, the theory of the firm, and scarcity, among others; and provides insights about the different socio-economic realities present in Peru and possible ways to improve them.
|
| description_eng |
Peru has a 10-year ban on genetically modified (GM) crops and food that was approved by the Peruvian congress in 2011. Is it scientifically justified or is it a cause and effect fallacy that will make Peru fall behind in taking advantage of this technology and its potential benefits to everyone else in the economy? In order to answer this question, a literature review was carried out to examine the three most commonly used arguments against genetically modified organisms (GMOs) by farmers and all those related to the agriculture industry, reaching the conclusion that they are not one hundred percent plausible. Further research showed the multiple, potential economic benefits that GM seeds could bring about to Peru, which are related to increased labor productivity, the development of human capital, and the expansion of renewable energy sources and its implications for trade and employment – the environmental and health benefits of GMO varieties are also discussed. This paper elaborates on such matters by applying different macro and microeconomic concepts, i.e., market structures and competition, the theory of the firm, and scarcity, among others; and provides insights about the different socio-economic realities present in Peru and possible ways to improve them.
|
| author |
Baxerias, Diego Banda, Carol |
| author_facet |
Baxerias, Diego Banda, Carol |
| topicspa_str_mv |
Cause and effect fallacy Human capital GM seeds Productivity Scarcity |
| topic |
Cause and effect fallacy Human capital GM seeds Productivity Scarcity Cause and effect fallacy Human capital GM seeds Productivity Scarcity |
| topic_facet |
Cause and effect fallacy Human capital GM seeds Productivity Scarcity Cause and effect fallacy Human capital GM seeds Productivity Scarcity |
| citationvolume |
3 |
| citationissue |
1 |
| citationedition |
Núm. 1 , Año 2019 : October |
| publisher |
Universidad San Ignacio de Loyola |
| ispartofjournal |
Journal of Economics Finance and International Business |
| source |
https://revistas.usil.edu.pe/index.php/jefib/article/view/397 |
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spa |
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Article |
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https://creativecommons.org/licenses/by-nc-sa/4.0/ Journal of Economics Finance and International Business - 2019 info:eu-repo/semantics/openAccess http://purl.org/coar/access_right/c_abf2 |
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info:eu-repo/semantics/article |
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http://purl.org/coar/resource_type/c_6501 |
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info:eu-repo/semantics/publishedVersion |
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http://purl.org/coar/version/c_970fb48d4fbd8a85 |
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Text |
| publishDate |
2019-10-21 |
| date_accessioned |
2019-10-21T00:00:00Z |
| date_available |
2019-10-21T00:00:00Z |
| url |
https://revistas.usil.edu.pe/index.php/jefib/article/view/397 |
| url_doi |
https://doi.org/10.20511/jefib.2019.v3n1.397 |
| issn |
2522-3054 |
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2521-8301 |
| doi |
10.20511/jefib.2019.v3n1.397 |
| citationstartpage |
45 |
| citationendpage |
73 |
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https://revistas.usil.edu.pe/index.php/jefib/article/download/397/739 |
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