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Valuing the Changes in Herbicide Risks Resulting from Adoption of Roundup Ready Soybeans by U.S. Farmers: An Empirical Analysis of Revealed Value Estimates

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Author Info
Sydorovych, Olha
Marra, Michele
Abstract

A revealed-preference approach is proposed for the evaluation of the impact of changed patterns of herbicide use on RR soybeans. The results indicate that farmers consider herbicide safety in their herbicide choices and associate positive values with safety improvements. The aggregate welfare impact of reduced risk for the U.S. soybean farmers was estimated to be $90.3 million in 2001.

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Publisher Info
Paper provided by Southern Agricultural Economics Association in its series 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas with number 8215.

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Date of creation: 2008
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Handle: RePEc:ags:saeaed:8215

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Keywords: Crop Production/Industries;

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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. Chiara M. Travisi & Peter Nijkamp & Raymond J. G. M. Florax, 2004. "A Meta-Analysis of the Willingness to Pay for Reductions in Pesticide Risk Exposure," Working Papers 2004.101, Fondazione Eni Enrico Mattei. [Downloadable!]
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  2. Vivien Foster & Susana Mourato, 2000. "Valuing the Multiple Impacts of Pesticide Use in the UK: A Contingent Ranking Approach," Journal of Agricultural Economics, Blackwell Publishing, vol. 51(1), pages 1-21. [Downloadable!] (restricted)
  3. Brethour, Cher & Weersink, Alfons, 2001. "An economic evaluation of the environmental benefits from pesticide reduction," Agricultural Economics, Blackwell, vol. 25(2-3), pages 219-226, September. [Downloadable!] (restricted)
  4. repec:cup:cbooks:9780521017152 is not listed on IDEAS
  5. Maria Travisi, Chiara & Nijkamp, Peter & Vindigni, Gabriella, 2006. "Pesticide risk valuation in empirical economics: a comparative approach," Ecological Economics, Elsevier, vol. 56(4), pages 455-474, April. [Downloadable!] (restricted)
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This page was last updated on 2009-11-26.

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