This paper presents the results of a survey conducted on public perception of genetic engineering in Jamaica. Our findings suggest that the safety of genetically modified foods is a major concern for consumers and that the perception of the prospects for genetic engineering to improve the...

Bt maize in Kenya is promising biotechnology innovation for poor households. Econometric prediction from a trait-based model of variety adoption indicates that the choice of host variety has equity and efficiency implications related to heterogeneity in maize growing environments and pest...

Real options theory is employed to measure the value of investing in organic wheat production using precision agriculture technology. Results reveal that an option to wait until market uncertainty is resolved is valuable. Information obtained via precision agriculture technology is also valuable...

The ag-biotech industry underwent considerable consolidation in the last decade in part to take advantage of economics of scale and scope. The paper investigates the impact of such consolidation on inventive activity at the firm level. Careful attention is paid to the role of firm size,...

Empirical evidence from research on Bt maize in Kenya puts to rest most concerns raised against GMOs (not responding to farmers' needs, expensive, benefiting agro-business, risk of decreased biodiversity), but does indicate that contamination of local varieties is likely and buildup of insect...

Consumer attitudes towards genetically modified foods (GMFs) play a crucial role in the development of the technology. Both government and food manufacturers of agricultural products in the US and China are optimistic about the potential market for these foods. This paper compares two national...

This work uses non-parametric efficiency analysis and a unique panel data set to analyze efficiency and technical change at US universities from 1981-1998 with a special emphasis on Land Grant institutions. The analysis demonstrates that Land Grants are on average more efficient than their...

A telephone survey was conducted on genetically modified foods in the U.S. Consumers' attitudes are studied using a multiple correspondence analysis, and typology constructed through the use of a cluster analysis. Five distinct behaviors are extracted.

Our research elicited UK consumers¡¯ willingness-to-accept (WTA) discount in exchange for giving up non-GM food and willingness-to-pay (WTP) premium to purchase non-GM food. Eliciting only WTP does not provide sufficient information for determining substitutability between GM and non-GM food....

Defining appropriate probability distributions for the variables in an economic model is an important and often arduous task. This paper evaluates the performance of several common probability distributions under different distributional assumptions when sample sizes are small and there is...