An Ex Ante Analysis of the Benefits from the Adoption of Corn Rootworm Resistant Transgenic Corn Technology

An Ex Ante Analysis of the Benefits from the Adoption of Corn Rootworm Resistant Transgenic Corn Technology

Julian M. AlstonUniversity of California, DavisJeffrey HydePennsylvania State UniversityMichele C. MarraNorth Carolina State UniversityPaul D. MitchellTexas A&M University If a new corn rootworm resistant transgenic corn technology had been adopted on all of the United States acres treated for corn rootworm in…

Impact of Biotech Grains on Market Structure and Societal Welfare

Impact of Biotech Grains on Market Structure and Societal Welfare

Sergio H. Lence and Dermot J. HayesIowa State University We quantify the economic impact of introducing genetically modified (GM) crops. Short-run results suggest that it might be optimal to maintain the identity of a greater proportion of non- GM grain than is…

US Food Manufacturer Assessment of and Responses to Bioengineered Foods

US Food Manufacturer Assessment of and Responses to Bioengineered Foods

Mary K. Muth, Ph.D.Senior Research Economist, RTI InternationalDominic Mancini, Ph.D.Economist, Office of Management and BudgetCatherine Viator, M.S.Associate Economist, RTI International Food manufacturers routinely face decisions regarding the choice of ingredients and processes for producing foods. In the case of bioengineered foods, they…

Putting Bounds on Estimating Economywide Impacts from Adopting the Renewable Fuels Standard

Putting Bounds on Estimating Economywide Impacts from Adopting the Renewable Fuels Standard

Stephen J. Vogel, Kenneth Hanson, J. Michael Price, and Gerald SchluterUSDA Economic Research Service In this paper, we assess the economywide impacts of adopting the Renewable Fuels Standard by using “land-constrained” and “land-unconstrained” scenarios to establish lower and upper bounds. Adopting the…

Consumer Acceptance and Willingness to Pay for Genetically Modified Vegetable Oil and Salmon: A Multiple-Country Assessment

Consumer Acceptance and Willingness to Pay for Genetically Modified Vegetable Oil and Salmon: A Multiple-Country Assessment

Wen S. ChernDepartment of Agricultural, Environmental, and Development Economics, The Ohio State UniversityKyrre RickertsenDepartment of Economics and Resource Management, Agricultural University of NorwayNobuhiro TsuboiUniversity of Tsukuba, JapanTsu-Tan FuAcademia Sinica, Taiwan The objective of this paper is to estimate the consumer willingness to…

Marketing GM Foods: The Way Forward

Marketing GM Foods: The Way Forward

Peter W.B. PhillipsUniversity of Saskatchewan, CanadaDavid CorkindaleUniversity of South Australia, Adelaide Genetically modified (GM) foods represent a significant techni- cal and commercial breakthrough, but they have also revealed a major weakness in product development and commercialization in the global agri-food system. Although…