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Genetically engineered Bt (Bacillus thuringiensis) corn provides farmers with a new tool for controlling the European corn borer (ECB). The high efficacy and potential rapid adoption of Bt corn has raised concerns that the ECB will develop resistance to Bt. The Environmental Protection Agency...
Persistent link: https://www.econbiz.de/10005612546
In order to prolong the efficacy of Bt, the Environmental Protection Agency has imposed mandatory refuge requirements for Bt crops. Growers, however, have no economic incentive to comply with requirements because, on average, refuge crops are riskier and less productive. The authors evaluate...
Persistent link: https://www.econbiz.de/10005786597
The use of Genetically Modified Organisms (GMOs) in agriculture has been on the rise since 1995. Scientists have been working to develop a high-dose refuge management plan that can effectively delay European corn borer resistance to pesticidal GMO corn. This paper develops a stochastic...
Persistent link: https://www.econbiz.de/10005272802
Midwestern agriculture is moving toward large, specialized production units where harvested crops are shipped off the farm and livestock are raised on purchased feed. Many people are concerned that increased manure concentration from specialized livestock units poses an unacceptable...
Persistent link: https://www.econbiz.de/10005786218
Newly proposed rules governing future CRP enrollments are causing concern among groups interested in using CRP to maintain and enhance waterfowl habitat in the region. A collaborative effort between economists at the Center for Agricultural and Rural Development at Iowa State University and...
Persistent link: https://www.econbiz.de/10005786620
The EPA has imposed mandatory refuge requirements for Bt crops to prolong the efficacy of Bt. Growers have no economic incentive to plant the required refuge because refuge crops are on average less productive and more risky. This paper evaluates refuge insurance—insurance thatpays indemnities...
Persistent link: https://www.econbiz.de/10009443066
The EPA has imposed mandatory refuge requirements for Bt crops to prolong the efficacy of Bt. Growers have no economic incentive to plant the required refuge because refuge crops are on average less productive and more risky. This paper evaluates refuge insurance--insurance that pays indemnities...
Persistent link: https://www.econbiz.de/10009443442
The EPA has imposed mandatory refuge requirements for Bt crops to prolong the efficacy of Bt. Growers have no economic incentive to plant the required refuge because refuge crops are on average less productive and more risky. This paper evaluates refuge insurance--insurance that pays indemnities...
Persistent link: https://www.econbiz.de/10005320420
Transgenic crops offer farmers a new and effective pest control option. However, the wide spread adoption of these crops could lead to a resistant pest population. This paper demonstrates how a pest refuge can be used to maximise the value of farm income in a dynamic model with genetic foundations.
Persistent link: https://www.econbiz.de/10005338772
We compare subsidies and fines to voluntary and mandatory refuge insurance (insurance for pest damage on Bt corn refuge) as mechanisms for securing grower compliance with EPA refuge mandates. A conceptual model partially ranks mechanisms. We empirically quantify tradeoffs between mechanisms...
Persistent link: https://www.econbiz.de/10005154697