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Honey Bee Pollination Markets and the Internalization of Reciprocal Benefits

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  • Randal R. Rucker
  • Walter N. Thurman
  • Michael Burgett

Abstract

The world's most extensive markets for pollination services are those for honey bee pollination in the United States. These markets play important roles in coordinating the behavior of migratory beekeepers, who both produce honey and provide substitutes for ecosystem pollination services. We analyze the economic forces that drive migratory beekeeping and theoretically and empirically analyze the determinants of pollination fees in a larger and richer data set than has been studied before. Our empirical results expand our understanding of pollination markets and market-supporting institutions that internalize external effects. Copyright 2012, Oxford University Press.

Suggested Citation

  • Randal R. Rucker & Walter N. Thurman & Michael Burgett, 2012. "Honey Bee Pollination Markets and the Internalization of Reciprocal Benefits," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 94(4), pages 956-977.
  • Handle: RePEc:oup:ajagec:v:94:y:2012:i:4:p:956-977
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    File URL: http://hdl.handle.net/10.1093/ajae/aas031
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    Cited by:

    1. Goodrich, Brittney, 2016. "The Roles of Risk and Honey Bee Colony Strength in Determining Almond Pollination Contract Provisions," 2016 Annual Meeting, July 31-August 2, 2016, Boston, Massachusetts 236183, Agricultural and Applied Economics Association.
    2. Luciano Pilati & Vasco Boatto, 2013. "Bio-Economics Of Allocatable Pollination Services: Sequential Choices And Jointness In Sites," DEM Discussion Papers 2013/18, Department of Economics and Management.
    3. Melathopoulos, Andony P. & Cutler, G. Christopher & Tyedmers, Peter, 2015. "Where is the value in valuing pollination ecosystem services to agriculture?," Ecological Economics, Elsevier, vol. 109(C), pages 59-70.
    4. repec:spr:climat:v:146:y:2018:i:1:d:10.1007_s10584-017-1951-y is not listed on IDEAS
    5. Goodrich, Brittney, 2016. "The Roles of Risk and Honey Bee Colony Strength in Determining Almond Pollination Contract Provisions," 2016 Annual Meeting, July 31-August 2, 2016, Boston, Massachusetts 242324, Agricultural and Applied Economics Association.
    6. A. Champetier & D. Sumner & J. Wilen, 2015. "The Bioeconomics of Honey Bees and Pollination," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 60(1), pages 143-164, January.
    7. Narjes, Manuel & Lippert, Christian, 2014. "The Value of Policies to Conserve Native Bees in Northern Thailand-A Discrete Choice Experiment," 54th Annual Conference, Goettingen, Germany, September 17-19, 2014 187427, German Association of Agricultural Economists (GEWISOLA).

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