NZIER report on potential cost of regulatory change

The report assesses the value of New Zealand’s current GE-free status, and the value premium this provides to primary sector exporters as well as the tourism sector. It then evaluates the potential costs that could be incurred from the loss of value arising from the release of GMOs into the environment.

The report’s conclusion states that “a discussion of gene technology in New Zealand should include all the economic actors affected and quantitative analysis to understand the impacts.

Read full report here.