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Innovation in agriculture differs from innovation elsewhere in the economy in several important ways. In this chapter … innovations that reduce the susceptibility of agricultural production to these uncontrolled factors. These features of agriculture … mean that the nature and extent of market failures in the provision of agricultural research and innovation differ from …
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Transgenic crops are relatively new technologies being adopted rapidly in the United States and in a few other countries. The economic impacts of these technologies have, thus far, been estimated in a piecemeal fashion. The purpose of this study was to collect and characterize the economic...
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