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An Exploration of Product Choices in U.S. Biotech Corn Seed Market

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  • Zhang, Wenhui
  • Shi, Guanming

Abstract

We investigate the market and firm-specific factors that may impact firms’ product choices in the U.S. biotech corn seed market. Specifically, we estimate how the competition effects, the conglomeration effect, the similarity effect, and other market shifters influence firms’ variety choices under imperfect competition. In addition, we examine and compare such responses among different types of firms, including integrated biotech firms versus seed companies, and the incumbent firms versus the entrant firms.

Suggested Citation

  • Zhang, Wenhui & Shi, Guanming, 2012. "An Exploration of Product Choices in U.S. Biotech Corn Seed Market," 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington 124758, Agricultural and Applied Economics Association.
    • Handle: RePEc:ags:aaea12:124758
    DOI: 10.22004/ag.econ.124758
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    References listed on IDEAS

    as
    1. Guanming Shi & Jean-paul Chavas & Kyle Stiegert, 2010. "An Analysis of the Pricing of Traits in the U.S. Corn Seed Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 92(5), pages 1324-1338.
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    7. Steven T. Berry & Joel Waldfogel, 2001. "Do Mergers Increase Product Variety? Evidence from Radio Broadcasting," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 116(3), pages 1009-1025.
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    Keywords

    Crop Production/Industries; Research Methods/ Statistical Methods;

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