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The Economics Of Agricultural Biotechnology: Historical And Analytical Framework

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Author Info
Demont, Matty
Tollens, Eric
Abstract

In this working paper we attempt to establish a general analytical framework for the calculation of the micro- and macroeconomic benefits and costs of biotechnology applications in EU agriculture. Since these innovative applications are typically protected by intellectual property rights, standard welfare analyses will overestimate total benefits generated by these innovations. On the other hand, this doesn'’t mean that innovators are extracting all of the benefits. A recent ex-post welfare analysis on US Bt-cotton shows that farmers have captured the largest share of benefits (Falck-Zepeda, Traxler and Nelson, 1999). Due to the importance of intellectual property rights and the consolidation of the agricultural input industry, the framework presented by Moschini and Lapan (1997) seems to be the most adequate model as it takes into account these elements.

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Paper provided by Katholieke Universiteit Leuven, Centre for Agricultural and Food Economics in its series Working Papers with number 31845.

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Date of creation: 1999
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Handle: RePEc:ags:kucawp:31845

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Web page: http://www.agr.kuleuven.ac.be/aee/clo/clohomee.htm
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Keywords: Research and Development/Tech Change/Emerging Technologies;

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References listed on IDEAS
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
  1. Lavoie, Brian F. & Sheldon, Ian M., 1999. "The Source Of Comparative Advantage In The Biotechnology Industry: A Real Options Approach," 1999 Annual meeting, August 8-11, Nashville, TN 21508, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  2. Wesseler, Justus, 2000. "Temporal Uncertainty And Irreversibility: A Theoretical Framework For The Decision To Approve The Release Of Transgenic Crops," Proceedings:Transitions in Agbiotech: Economics of Strategy and Policy, June 24-25, 1999, Washington, D.C. 26010, Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance. [Downloadable!]
  3. Binswanger, Hans P, 1974. "The Measurement of Technical Change Biases with Many Factors of Production," American Economic Review, American Economic Association, vol. 64(6), pages 964-76, December. [Downloadable!] (restricted)
  4. Hurley, Terrance M. & Secchi, Silvia & Hellmich, Richard, 1999. "Managing The Risk Of European Corn Borer Resistance To Transgenic Corn: An Assessment Of Controversial Refuge Recommendations," 1999 Annual meeting, August 8-11, Nashville, TN 21606, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  5. Kalaitzandonakes, Nicholas & Marks, Leonie A., 1999. "Public Opinion Of Agbiotech In The Us And Uk: A Content Analysis Approach," 1999 Annual meeting, August 8-11, Nashville, TN 21678, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
  6. Stefanides, Zdenko & Tauer, Loren W., 1998. "The Empirical Impact Of Bovine Somatotropin On A Group Of New York Dairy Farms," 1998 Annual meeting, August 2-5, Salt Lake City, UT 20888, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association). [Downloadable!]
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  7. Horbulyk, Theodore M., 2000. "Strategy And Incentives In The Compulsory Licensing Of Intellectual Property In Agriculture," Proceedings:Transitions in Agbiotech: Economics of Strategy and Policy, June 24-25, 1999, Washington, D.C. 26011, Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance. [Downloadable!]
  8. Susan Bartholomew, 1997. "National Systems of Biotechnology Innovation: Complex Interdependence in the Global System," Journal of International Business Studies, Palgrave Macmillan Journals, vol. 28(2), pages 241-266, June. [Downloadable!] (restricted)
  9. Moschini, GianCarlo & Lapan, Harvey, 2002. "Intellectual Property Rights and the Welfare Effects of Agricultural R & D," Staff General Research Papers 5048, Iowa State University, Department of Economics.
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  1. Demont, Matty & Jouve, Philippe & Stessens, Johan & Tollens, Eric, 1999. "Evolution Des Systemes Agraires Dans Le Nord De La Cote D'Ivoire: Les Debats, Boserup Versus Malthus, Et Competition Versus Complementarite, Revisites," Working Papers 31833, Katholieke Universiteit Leuven, Centre for Agricultural and Food Economics. [Downloadable!]
  2. Demont, Matty & Tollens, Eric, 2001. "Economic Impact Of Agricultural Biotechnology In The Eu: The Euwab Project," Working Papers 31857, Katholieke Universiteit Leuven, Centre for Agricultural and Food Economics. [Downloadable!]
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