Bid prices were elicited for standard-label cookies, muffins, and potato chips and those identified as not including genetically modified (GM) ingredients using an experimental auction. Including a statement that the product did not include GM ingredients increased bids over those offered for...

Intellectual property protection, globalization, and pressure on public budgets in many industrialized countries have shifted the balance of plant breeding activity from the public to the private sector. Several economic factors influence the relative shares of public versus private sector plant...

The purpose of this study is to evaluate potential changes in the length of product life cycles in the US seed corn industry. We use the observed survival time on the market for hybrids sold during 1997-2009 to conduct a survival analysis. Our empirical results show that the expected lifetimes...

Agriculture’s significant global contribution to greenhouse gas (GHG) emissions has spurred consumer and retailer mitigation interest. Biotechnology, designed to enhance the marketable portion of yield via improved disease, weed and pest management with the same or lower use of inputs, is...

The impact of genetically modified (GM) crops on the poor in developing countries is still the subject of controversy. While previous studies have examined direct productivity effects of Bacillus thuringiensis (Bt) cotton and other GM crops, little is known about wider socioeconomic outcomes. We...

The global market for agri-food products has been divided for a decade. The division arose over the approval of biotechnology-based innovations – with the European Union temporarily suspending approvals and imports until it could devise a new approval mechanism. Other countries chose between...

We develop a new partial equilibrium, four-region world trade model for the soybean complex comprising soybeans, soybean oil, and soybean meal. In the model, some consumers view genetically modified Roundup Ready (RR) soybeans and products as weakly inferior to conventional ones; the RR seed is...

Do transgenic crops cause agrobiodiversity erosion? We hypothesize that they increase productivity and reduce production risk and may therefore reduce farmer demand for on-farm varietal diversity, especially when only a few transgenic varieties are available. We also hypothesize that varietal...

O debate entre a oferta e a demanda de alimentos no mundo remonta ao século XVIII, sendo arrefecido com a Revolução Verde. Porém, em razão do crescimento da população ser maior que a produção agrícola durante as últimas décadas, os estoques mundiais de alimentos se reduziram abaixo...

This paper provides an overview of the historical and cultural factors that have contributed to divergent U.S. and European views on GMOs, and to resulting different national regulatory approaches for these products, specifically labelling policy. Within the context of the international trading...