A three-region world model for the soybean complex is developed to evaluate the welfare effects of Roundup Ready (RR) soybean adoption. The structural modeling of the innovation accounts for farmers' adoption incentives and for the observed pricing of RR soybean seeds as a proprietary...

Cost functions of three Canadian food-processing sectors (meat, bakery, and dairy) are estimated using provincial data. A translog functional form is used, and the concavity property of the cost function is imposed locally. The Morishima substitution elasticities and scale elasticities are...

This study develops a dynamic price adjustment mechanism for the Canadian chicken industry using a bilateral monopoly framework. The model compares the processors and producers' bargaining strengths in order to determine the equilibrium price of live chickens in Ontario. The theoretical results...

Animal scientists have recently found a way to produce extremely pale grain-fed veal, thus achieving high quality grade, while averting concerns over unethical treatment and medication residues in milk-fed veal production. Consumers, however, may reject pale cuts of veal labeled as...

The agro-food industry is developing a “second generation” of genetically modified (GM) foods that can offer functional health benefits to consumers. Many consumers, however, are turning to organic foods in order to avoid GM foods. This report attempts to differentiate consumer valuation of...

The objective of this paper is to gauge to what extent there are regional differences in meat and fish demand across Canada. Three regions are defined for this purpose and the notorious problem of zeros in survey data is addressed by endogenizing the probability of purchase through the...

Two demand systems incorporating habit formation and time-varying parameters but using two different product differentiation schemes are estimated to analyze the demand for wine in Ontario and assess the effect of complying with a GATT ruling calling for the phasing-out of a 65% discriminatory...

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