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Heterogeneous Yield Impacts from Adoption of Genetically Engineered Corn and the Importance of Controlling for Weather

Lusk, Jayson - 2017

security. While numerous experimental and farm-level studies have found that adoption of genetically engineered crops has been … county-level corn yields from 1980 to 2015 in conjunction with data on adoption of genetically engineered crops, weather, and … genetically engineered crops have increased yields above trend. There is marked heterogeneity in the effect of adoption of …

Persistent link: https://www.econbiz.de/10012953983

Intellectual Property Rights and Innovation : Evidence from the Human Genome

Williams, Heidi L. - 2014

Do intellectual property (IP) rights on existing technologies hinder subsequent innovation? Using newly-collected data on the sequencing of the human genome by the public Human Genome Project and the private firm Celera, this paper estimates the impact of Celera's gene-level IP on subsequent...

Persistent link: https://www.econbiz.de/10013069502

How Agricultural Biotechnology Boosts Food Supply and Accomodates Biofuels

Sexton, Steven - 2015

temporal variation in the adoption of GE crops to identify the average yield effect due to GE technologies among adopters. The …. Genetically engineered crops appear to play an important role in arbitrating tensions between energy production, environmental …

Persistent link: https://www.econbiz.de/10013038332

Genetic Adverse Selection : Evidence from Long-Term Care Insurance and Huntington Disease

Oster, Emily F. - 2009

Individual, personalized genetic information is increasingly available, leading to the possibility of greater adverse selection over time, particularly in individual-payer insurance markets; this selection could impact the viability of these markets. We use data on individuals at risk for...

Persistent link: https://www.econbiz.de/10013156533

The Value of Pharmacogenomic Information

Graves, John - 2017

Pharmacogenomics, or the application of genetic testing to guide drug selection and/or dosing, is often cited as integral to the vision of how precision medicine can be integrated into routine clinical practice. Yet despite a growing base of scientific discovery on genetic variation that...

Persistent link: https://www.econbiz.de/10012941158

Risks to the Returns to Medical Innovation : The Case of Myriad Genetics

Clemens, Jeffrey P. - 2015

We describe the broad range of uncertainties faced by the developers of medical technologies. Empirically, we estimate the asset market incidence of two realizations of uncertainties we classify as within-market policy risks. The events we analyze concern the intellectual property of Myriad...

Persistent link: https://www.econbiz.de/10013017486

The Future of Drug Development : The Economics of Pharmacogenomics

Vernon, John A.; Hughen, W. Keener; Vernon, John A. - 2021

This paper models how the evolving field of pharmacogenomics (PG), which is the science of using genomic markers to predict drug response, may impact drug development times, attrition rates, costs, and the future returns to research and development (R&D). While there still remains an abundance...

Persistent link: https://www.econbiz.de/10013311658

Damages and Injunctions in the Protection of Proprietary Research Tools

Schankerman, Mark A.; Scotchmer, Suzanne - 2021

Profit on proprietary research tools is determined partly by the remedies for infringement, such as damages and injunctions. We investigate how damages under a liability rule and the opportunity for injunctions under a property rule can affect the incentives to develop research tools. We show...

Persistent link: https://www.econbiz.de/10013228234

Trust in Public Institutions Over the Business Cycle

Stevenson, Betsey - 2011

We document that trust in public institutions--and particularly trust in banks, business and government--has declined … the most suffered the biggest loss in confidence in institutions, particularly in trust in government and the financial …

Persistent link: https://www.econbiz.de/10013128268

Why Do Voters Dismantle Checks and Balances?

Acemoglu, Daron - 2011

Voters often dismantle constitutional checks and balances on the executive. If such checks and balances limit presidential abuses of power and rents, why do voters support their removal? We argue that by reducing politician rents, checks and balances also make it cheaper to bribe or influence...

Persistent link: https://www.econbiz.de/10013121590