The goal of this study is to investigate the price relationship of EU biofuel market with other main markets inboth horizontal level and vertical level. We first carry out Granger causality between ethanol price of EU,USA and Brazil. Secondly, we use vecto error cointegration Mechnism (VECM) to...

The welfare effects of GM (genetic modification)-led productivity growth for cassava producers are partly affected by the characteristics of individual cassava producing households. Those household characteristics include the elasticity of production and home consumption of cassava. Some studies...

Technology and innovation play an increasingly important role in the economic development of both developed and developing countries. We investigate how policy and market factors influence firms’ (or other potential innovators’) decisions on innovation or imitation by developing a conceptual...

The aggregate approach to the evaluation ofproduction oriented expenditure in the UnitedStates has consistently shown high rates ofreturn to agricultural research investments.These efforts, while showing the value of agricultural research, are limited in the information they can provide policy...

Genetically modified (GM) crops have been largely adopted in major exporting countriesthereby representing a dominant share of a few key agricultural commodities that aretraded in international markets. Regulatory reviews and approvals for the cultivation andmarketing of GM crops, however, are...

Commercial rice imports have accounted for approximately 61%, food aid in rice accounted for about 2%, and domestic rice accounted for some 37% per annum of rice consumption in Ghana over the four years between 2000 and 2003. Compared to the 1990s, these figures show a gradual decline in the...

The U.S. nursery industry is highly complex, and affected on their demand side by the construction industry and on their factor supply side by the market for low-skill labor, which in turn is influenced by gyrating construction activity as well as southern-border immigration. We examine an...

In this study, we theoretically and empirically investigate the determinants of Bt-maize adoption in German regions. Specifically, we ask how the regulatory framework, the farm structures as well as the socio-political environment of GM expansion in Germany have influenced regional adoption...

This paper presents a theoretical economic model assessing the effect of the level of mandatory geneticallymodified (GM) / non-GM coexistence regulations on market and welfare outcome. We assumevertical differentiation of GM and non-GM goods on the consumer side. Producers are heterogeneousin...

This paper examines two models of interaction between private and public institutions in respectto the process of innovation. While private firms adopt proactive strategies and public institutionsfollow it is considered that, under certain conditions, public institutions are theinnovator and...