Is Monsanto Leaving Money on the Table? Monopoly Pricing and Bt Cotton Value with Heterogeneous Adopters
Author
Abstract
Suggested Citation
DOI: 10.22004/ag.econ.43469
Download full text from publisher
Other versions of this item:
- Oehmke, James F. & Wolf, Christopher A., 2004. "Is Monsanto Leaving Money on the Table? Monopoly Pricing and Bt Cotton Value with Heterogeneous Adopters," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 36(3), pages 705-718, December.
References listed on IDEAS
- Giancarlo Moschini & Harvey Lapan, 1997.
"Intellectual Property Rights and the Welfare Effects of Agricultural R&D,"
American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(4), pages 1229-1242.
- Moschini, GianCarlo & Lapan, Harvey E., 1997. "Intellectual Property Rights and the Welfare Effects of Agricultural R & D," Staff General Research Papers Archive 5048, Iowa State University, Department of Economics.
- Moschini, GianCarlo & LAPAN, HARVEY E, 1997. "Intellectual Property Rights and the Welfare Effects of Agricultural R&D," ISU General Staff Papers 199703010800001286, Iowa State University, Department of Economics.
- Moschini, GianCarlo & Lapan, Harvey E., 1999. "Intellectual Property Rights and the Welfare Effects of Agricultural R&D," Staff General Research Papers Archive 1735, Iowa State University, Department of Economics.
- Campbell, John Y, 1996.
"Understanding Risk and Return,"
Journal of Political Economy, University of Chicago Press, vol. 104(2), pages 298-345, April.
- John Y. Campbell, 1993. "Understanding Risk and Return," NBER Working Papers 4554, National Bureau of Economic Research, Inc.
- Campbell, John, 1996. "Understanding Risk and Return," Scholarly Articles 3153293, Harvard University Department of Economics.
- John Y. Campbell, 1995. "Understanding Risk and Return," Harvard Institute of Economic Research Working Papers 1711, Harvard - Institute of Economic Research.
- Choi, E. Kwan & Menezes, Carmen F., 1992.
"Is relative risk aversion greater than one?,"
International Review of Economics & Finance, Elsevier, vol. 1(1), pages 43-54.
- Choi, E. Kwan & Menzes, Carmen F., 1992. "Is Relative Risk Aversion Greater Than One?," Staff General Research Papers Archive 421, Iowa State University, Department of Economics.
- Hubbell, Bryan J. & Marra, Michele C. & Carlson, Gerald A., 2000. "Estimating The Demand For A New Technology: Bt Cotton And Insecticide Policies In The Southeast," Transitions in Agbiotech: Economics of Strategy and Policy, June 24-25, 1999, Washington, D.C. 26016, Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance.
- José Benjamin Falck-Zepeda & Greg Traxler & Robert G. Nelson, 2000. "Surplus Distribution from the Introduction of a Biotechnology Innovation," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(2), pages 360-369.
- Hayne E. Leland & Robert A. Meyer, 1976. "Monopoly Pricing Structures with Imperfect Discrimination," Bell Journal of Economics, The RAND Corporation, vol. 7(2), pages 449-462, Autumn.
- Marra, Michele C. & Hubbell, Bryan J. & Carlson, Gerald A., 2001. "Information Quality, Technology Depreciation, And Bt Cotton Adoption In The Southeast," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(1), pages 1-18, July.
- Lapan, Harvey E & Moschini, Giancarlo, 2000.
"Incomplete Adoption of a Superior Innovation,"
Economica,
London School of Economics and Political Science, vol. 67(268), pages 525-542, November.
- LAPAN, HARVEY E & Moschini, GianCarlo, 1999. "Incomplete Adoption of a Superior Innovation," ISU General Staff Papers 199908010700001324, Iowa State University, Department of Economics.
- Lapan, Harvey E. & Moschini, GianCarlo, 2000. "Incomplete Adoption of a Superior Innovation," Staff General Research Papers Archive 1738, Iowa State University, Department of Economics.
- Bryan J. Hubbell & Michele C. Marra & Gerald A. Carlson, 2000. "Estimating the Demand for a New Technology: Bt Cotton and Insecticide Policies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(1), pages 118-132.
Citations
Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
Cited by:
- 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.
- Jeffrey Vitale & Marc Ouattarra & Gaspard Vognan, 2011. "Enhancing Sustainability of Cotton Production Systems in West Africa: A Summary of Empirical Evidence from Burkina Faso," Sustainability, MDPI, vol. 3(8), pages 1-34, July.
- Tiffany Shih & Brian Wright, 2011.
"Agricultural Innovation,"
NBER Chapters, in: Accelerating Energy Innovation: Insights from Multiple Sectors, pages 49-85,
National Bureau of Economic Research, Inc.
- Brian D. Wright & Tiffany M. Shih, 2010. "Agricultural Innovation," NBER Working Papers 15793, National Bureau of Economic Research, Inc.
- Oehmke James F & Wolf Christopher A & Raper Kellie Curry, 2005. "On Cyclical Industry Evolution in Agricultural Biotechnology R&D," Journal of Agricultural & Food Industrial Organization, De Gruyter, vol. 3(2), pages 1-27, March.
Most related items
These are the items that most often cite the same works as this one and are cited by the same works as this one.- Matty Demont & Marie Cerovska & Wim Daems & Koen Dillen & József Fogarasi & Erik Mathijs & František Muška & Josef Soukup & Eric Tollens, 2008. "Ex Ante Impact Assessment under Imperfect Information: Biotechnology in New Member States of the EU," Journal of Agricultural Economics, Wiley Blackwell, vol. 59(3), pages 463-486, September.
- Hareau, Guy G. & Mills, Bradford F. & Norton, George W., 2006. "The potential benefits of herbicide-resistant transgenic rice in Uruguay: Lessons for small developing countries," Food Policy, Elsevier, vol. 31(2), pages 162-179, April.
- Hareau, Guy Gaston & Mills, Bradford F. & Norton, George W., 2005. "Arroz Transgénico en Uruguay: un modelo de simulación para estimar los beneficios económicos potenciales," Serie Tecnica 121683, Instituto Nacional de Investigacion Agropecuaria (INIA).
- Dillen, Koen & Demont, Matty & Tollens, Eric, 2008. "Modelling heterogeneity to estimate the ex ante value of biotechnology innovations," 2008 International Congress, August 26-29, 2008, Ghent, Belgium 43945, European Association of Agricultural Economists.
- Traxler, Greg, 2004.
"The Economic Impacts of Biotechnology-Based Technological Innovations,"
ESA Working Papers
23806, Food and Agriculture Organization of the United Nations, Agricultural Development Economics Division (ESA).
- Greg Traxler, 2004. "The Economic Impacts of Biotechnology-Based Technological Innovations," Working Papers 04-08, Agricultural and Development Economics Division of the Food and Agriculture Organization of the United Nations (FAO - ESA).
- Sydorovych, Olha & Marra, Michele C., 2005.
"Towards a Generalizable Measure of the Value of a Change in Pesticide Use,"
2005 Annual Meeting, February 5-9, 2005, Little Rock, Arkansas
35513, Southern Agricultural Economics Association.
- Sydorovych, Olha & Marra, Michele C., 2005. "Towards a Generalizable Measure of the Value of a Change in Pesticide Use," 2005 Annual meeting, July 24-27, Providence, RI 19375, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Demont, Matty & Tollens, Eric, 2001. "Welfare Effects Of Transgenic Sugarbeets In The European Union: A Theoretical Ex-Ante Framework," Working Papers 31852, Katholieke Universiteit Leuven, Centre for Agricultural and Food Economics.
- Demont, Matty & Tollens, Eric, 2001. "Ex-Ante Evaluation Of The Economic Impact Of Agricultural Biotechnology In The European Union: The Case Of Transgenic Sugarbeets," 2001 Annual meeting, August 5-8, Chicago, IL 20631, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Hareau, Guy Gaston & Mills, Bradford F. & Norton, George W. & Bosch, Darrell J., 2002. "The Economic Impact Of Genetically Modified Organisms In Small Developing Countries," 2002 Annual meeting, July 28-31, Long Beach, CA 19891, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Demont, Matty & Tollens, Eric, 2001. "Uncertainties Of Estimating The Welfare Effects Of Agricultural Biotechnology In The European Union," Working Papers 31828, Katholieke Universiteit Leuven, Centre for Agricultural and Food Economics.
- 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.
- Demont, Matty & Tollens, Eric, 2001. "Reshaping The Conventional Welfare Economics Framework For Estimating The Economic Impact Of Agricultural Biotechnology In The European Union," Working Papers 31835, Katholieke Universiteit Leuven, Centre for Agricultural and Food Economics.
- Hareau, Guy Gaston & Norton, George W. & Mills, Bradford F. & Peterson, Everett B., 2004. "Potential Benefits Of Transgenic Rice In Asia: A General Equilibrium Approach," 2004 Annual meeting, August 1-4, Denver, CO 20334, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- Sydorovych, Olha & Marra, Michele C., 2007. "A Genetically Engineered Crop's Impact on Pesticide Use: A Revealed-Preference Index Approach," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 32(3), pages 1-16, December.
- Sadashivappa, Prakash & Qaim, Matin, 2009. "Effects of Bt Cotton in India During the First Five Years of Adoption," 2009 Conference, August 16-22, 2009, Beijing, China 49947, International Association of Agricultural Economists.
- Frisvold, George B. & Reeves, Jeanne M., 2008. "The costs and benefits of refuge requirements: The case of Bt cotton," Ecological Economics, Elsevier, vol. 65(1), pages 87-97, March.
- Naseem, Anwar & Singla, Rohit, 2013.
"Ex Ante Economic Impact Analysis of Novel Traits in Canola,"
Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 38(2), pages 1-21, August.
- Singla, Rohit & Naseem, Anwar, 2012. "Ex-Ante Economic Impact Analysis of Novel Traits in Canola," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126773, International Association of Agricultural Economists.
- Qaim, Matin & de Janvry, Alain, 2002. "Bt Cotton In Argentina: Analyzing Adoption And Farmers' Willingness To Pay," 2002 Annual meeting, July 28-31, Long Beach, CA 19710, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
- GianCarlo Moschini, 2008.
"Biotechnology and the development of food markets: retrospect and prospects,"
European Review of Agricultural Economics, Foundation for the European Review of Agricultural Economics, vol. 35(3), pages 331-355, September.
- GianCarlo Moschini, 2008. "Biotechnology and the Development of Food Markets: Retrospect and Prospects," Center for Agricultural and Rural Development (CARD) Publications 08-wp477, Center for Agricultural and Rural Development (CARD) at Iowa State University.
- Moschini, Giancarlo, 2008. "Biotechnology and the development of food markets: retrospect and prospects," ISU General Staff Papers 200801010800001498, Iowa State University, Department of Economics.
- Moschini, GianCarlo, 2008. "Biotechnology and the Development of Food Markets: Retrospect and Prospects," Staff General Research Papers Archive 12982, Iowa State University, Department of Economics.
- Johnson, D. Demcey & Lin, William & Vocke, Gary, 2005. "Economic and welfare impacts of commercializing a herbicide-tolerant, biotech wheat," Food Policy, Elsevier, vol. 30(2), pages 162-184, April.
More about this item
JEL classification:
- L1 - Industrial Organization - - Market Structure, Firm Strategy, and Market Performance
- O3 - Economic Development, Innovation, Technological Change, and Growth - - Innovation; Research and Development; Technological Change; Intellectual Property Rights
- Q1 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture
Statistics
Access and download statisticsCorrections
All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:joaaec:43469. See general information about how to correct material in RePEc.
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/saeaaea.html .
Please note that corrections may take a couple of weeks to filter through the various RePEc services.