IDEAS home Printed from https://ideas.repec.org/a/wly/agribz/v13y1997i5p469-482.html
   My bibliography  Save this article

Market level economic impacts of modified soybeans

Author

Listed:
  • Chanjin Chung

    (313 Warren Hall, Department of Agricultural, Resource, and Managerial Economics, Cornell University, Ithaca, NY 14853-7801)

  • Brian L. Buhr

    (Department of Applied Economics, University of Minnesota)

Abstract

Introduction of biotechnologically modified soybeans will have significant impacts on the US soybean and associated industries. However, technical trade-offs of yield and quality attributes make it difficult to determine which modifications offer the highest potential pay-off and warrant the greatest emphasis in research, development, and, ultimately, market development. In this study, attention is focused on soybeans with modified protein and amino acid compositions where the primary end-use is livestock feed. A generalized dynamic simulation model combining a linear programming model and an econometric model allows for market interactions between soybean and soy-product industries, the livestock industry, and other closely related crop sectors. Results suggest all selected new soybeans promise significant welfare gains. © 1997 John Wiley & Sons, Inc.

Suggested Citation

  • Chanjin Chung & Brian L. Buhr, 1997. "Market level economic impacts of modified soybeans," Agribusiness, John Wiley & Sons, Ltd., vol. 13(5), pages 469-482.
  • Handle: RePEc:wly:agribz:v:13:y:1997:i:5:p:469-482
    DOI: 10.1002/(SICI)1520-6297(199709/10)13:5<469::AID-AGR2>3.0.CO;2-4
    as

    Download full text from publisher

    To our knowledge, this item is not available for download. To find whether it is available, there are three options:
    1. Check below whether another version of this item is available online.
    2. Check on the provider's web page whether it is in fact available.
    3. Perform a search for a similarly titled item that would be available.

    Citations

    Citations are extracted by the CitEc Project, subscribe to its RSS feed for this item.
    as


    Cited by:

    1. 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.
    2. Chung, Chanjin & Pettigrew, James E., 1998. "Economics Of Soybean Biotechnology In The Livestock Industry," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 0(Issue 3), pages 1-13.
    3. Pritchett, James G. & Thilmany, Dawn D. & Johnson, Kamina K., 2005. "Animal Disease Economic Impacts: A Survey of Literature and Typology of Research Approaches," International Food and Agribusiness Management Review, International Food and Agribusiness Management Association, vol. 0(Issue 1), pages 1-23.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    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:wly:agribz:v:13:y:1997:i:5:p:469-482. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley Content Delivery) or (Christopher F. Baum). General contact details of provider: http://onlinelibrary.wiley.com/journal/10.1002/(ISSN)1520-6297 .

    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.

    We have no references for this item. You can help adding them by using 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.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service hosted by the Research Division of the Federal Reserve Bank of St. Louis . RePEc uses bibliographic data supplied by the respective publishers.