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Title: LL601 Contamination and Its Impact on U.S. Rice Prices
Authors: Li, Yarui
Wailes, Eric J.
McKenzie, Andrew M.
Thomsen, Michael R.
Keywords: cointegration
error correction model
event study analysis
GM contamination
LibertyLink Rice 601
U.S. rice exports
JEL Codes: C10
Issue Date: 2010-02
Abstract: LL601 is a genetically modified rice variety and unapproved for commercial use. Its presence was found in commercial shipments of U.S. rice in 2006. This article explores its impact on prices and volume marketed for both the United States and Thailand, the major export competitor. The results show a significantly adverse but short duration effect on the U.S. rice market and little to no effect on the Thai rice market.
Institution/Association: Journal of Agricultural and Applied Economics>Volume 42, Number 01, February 2010
Total Pages: 8
From Page: 31
To Page: 38
Collections:Volume 42, Number 01, February 2010

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