Lapan, Harvey E.; Moschini, GianCarlo - In: American Journal of Agricultural Economics 86 (2004) 3, pp. 634-648
A partial-equilibrium, two-country model is developed to analyze implications from the introduction of genetically modified (GM) products. In the model, innovators hold proprietary rights, farmers are (competitive) adopters, some consumers deem GM food to be inferior in quality to traditional...