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The Value of Non-Pecuniary Characteristics of Crop Biotechnologies: A New Look at the Evidence

In: Regulating Agricultural Biotechnology: Economics and Policy

Author

Listed:
  • Michele C. Marra

    (North Carolina State University)

  • Nicholas E. Piggott

    (North Carolina State University)

Abstract

In this chapter we examine the non-pecuniary aspects of the earliest crop biotechnologies. We analyze the stated values of the non-pecuniary aspects, taken from three farm-level surveys. We focus particularly on the phenomenon of part-whole bias, which is the empirical finding that the sum of the stated part-worths (the value of each non-pecuniary characteristic) is greater than the stated total value of all the non-pecuniary characteristics. We analyze the empirical evidence of part-whole bias in the surveys, while decomposing it to further understand the phenomenon and to rescale the stated values of the non-pecuniary characteristics in the surveys. We find for all three surveys that the degree to which part-worths should be rescaled is about 60 percent.

Suggested Citation

  • Michele C. Marra & Nicholas E. Piggott, 2006. "The Value of Non-Pecuniary Characteristics of Crop Biotechnologies: A New Look at the Evidence," Natural Resource Management and Policy, in: Richard E. Just & Julian M. Alston & David Zilberman (ed.), Regulating Agricultural Biotechnology: Economics and Policy, chapter 0, pages 145-177, Springer.
    • Handle: RePEc:spr:nrmchp:978-0-387-36953-2_8
    DOI: 10.1007/978-0-387-36953-2_8
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    Citations

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    Cited by:

    1. Groeneveld, Rolf A. & Wesseler, Justus & Berentsen, Paul B.M., 2013. "Dominos in the dairy: An analysis of transgenic maize in Dutch dairy farming," Ecological Economics, Elsevier, vol. 86(C), pages 107-116.
    2. Frank van Tongeren & John Beghin & Stéphane Marette, 2009. "A Cost-Benefit Framework for the Assessment of Non-Tariff Measures in Agro-Food Trade," OECD Food, Agriculture and Fisheries Papers 21, OECD Publishing.
    3. Mitchell, Paul D., 2011. "Economic Assessment of the Benefits of Chloro-s-triazine Herbicides to U.S. Corn, Sorghum, and Sugarcane Producers," Staff Paper Series 564, University of Wisconsin, Agricultural and Applied Economics.
    4. Fernandez-Cornejo, Jorge & Livingston, Michael J. & Mitchell, Lorraine & Wechsler, Seth, 2014. "Genetically Engineered Crops in the United States," Economic Research Report 164263, United States Department of Agriculture, Economic Research Service.
    5. Areal, Francisco J. & Riesgo, Laura & Gómez-Barbero, Manuel & Rodríguez-Cerezo, Emilio, 2012. "Consequences of a coexistence policy on the adoption of GMHT crops in the European Union," Food Policy, Elsevier, vol. 37(4), pages 401-411.
    6. Rolf A. Groeneveld & Erik Ansink & Clemens C.M. Van de Wiel & Justus Wesseler, 2011. "Benefits and Costs of Biologically Contained Genetically Modified Tomatoes and Eggplants in Italy and Spain," Sustainability, MDPI, vol. 3(8), pages 1-17, August.
    7. Tillie, Pascal & Dillen, Koen & Rodríguez-Cerezo, Emilio, 2014. "Modelling ex-ante the economic and environmental impacts of Genetically Modified Herbicide Tolerant maize cultivation in Europe," Agricultural Systems, Elsevier, vol. 127(C), pages 150-160.
    8. Gray, Emily & Ancev, Tihomir & Drynan, Ross, 2011. "Coexistence of GM and non-GM crops with endogenously determined separation," Ecological Economics, Elsevier, vol. 70(12), pages 2486-2493.
    9. Demont, Matty & Dillen, Koen & Daems, Wim & Sausse, Christophe & Tollens, Eric & Mathijs, Erik, 2009. "On the proportionality of EU spatial ex ante coexistence regulations," Food Policy, Elsevier, vol. 34(6), pages 508-518, December.
    10. Ufer, Danielle J. & Ortega, David L. & Wolf, Christopher A. & McKendree, Melissa & Swanson, Janice, 2022. "Getting past the gatekeeper: Key motivations of dairy farmer intent to adopt animal health and welfare-improving biotechnology," Food Policy, Elsevier, vol. 112(C).
    11. Frisvold, George B. & Hurley, Terrance M. & Mitchell, Paul D., 2009. "Adoption of Best Management Practices to Control Weed Resistance By Cotton, Corn, and Soybean Growers," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49432, Agricultural and Applied Economics Association.

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