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This paper builds on the work of BUSCHENA and GRAY (1999) to look at the effects of mergers in the North American malting industry as ten firms in two separated markets merged into four firms in an integrated market. We explore the sensitivity of our results to the assumption of market power. We...
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Since 2000, approximately $50 million per year has been spent to control infestations of the Glassy-Winged Sharpshooter (GWSS), an insect that spreads Pierce’s Disease (PD). This amount includes the costs of state and federal efforts to monitor and control the GWSS, research on PD/GWSS,...
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Pierce’s Disease (PD) of grapevines costs more than $100 million per year, even with public control programs in place that cost $50 million per year (Tumber et al., 2012). If the PD Control Program ended, and the GWSS was distributed freely throughout California, the annual cost to the...
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Viruses and related pathogens have no cure and impose large costs on plant production. These diseases are typically spread through infected planting stock and plant propagation material. However, virus spread can be minimized if clean stock is used. We examine the costs and benefits of a virus...
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Powdery mildew (PM) is a fungal disease that damages many crops, including grapes. In California, wine, raisin, and table grapes contributed over $3.8 billion to the value of California’s farm production in 2011 (California Department of Food and Agriculture, 2012). Grape varieties with...
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In general, reported rates of return to agricultural R&D are high, but questions have been raised about upward biases in the evidence. Among the reasons for this bias, insufficient attention to attribution aspects-matching of research benefits and costs-is a pervasive problem, the magnitude of...
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