IDEAS home Printed from https://ideas.repec.org/p/ags/aaea00/21840.html
   My bibliography  Save this paper

Estimating The Value Of Bt Corn: A Multi-State Comparison

Author

Listed:
  • Hyde, Jeffrey
  • Martin, Marshall A.
  • Preckel, Paul V.
  • Edwards, C. Richard
  • Dobbins, Craig L.

Abstract

Bt corn offers a powerful tool to control European corn borers and some other pests. Because pest infestations and farming practices differ across the Corn Belt, economic benefits also differ. This research estimates the value of Bt corn across the Corn Belt. Results identify areas where Bt adoption is economically justified.

Suggested Citation

  • Hyde, Jeffrey & Martin, Marshall A. & Preckel, Paul V. & Edwards, C. Richard & Dobbins, Craig L., 2000. "Estimating The Value Of Bt Corn: A Multi-State Comparison," 2000 Annual meeting, July 30-August 2, Tampa, FL 21840, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea00:21840
    DOI: 10.22004/ag.econ.21840
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/21840/files/sp00hy01.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.21840?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Hyde, Jeffrey & Martin, Marshall A. & Preckel, Paul V. & Dobbins, Craig L. & Edwards, C. Richard, 1999. "The Economics Of Refuge Design For Bt Corn," 1999 Annual meeting, August 8-11, Nashville, TN 21519, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    2. Jeffrey Hyde & Marshall A. Martin & Paul V. Preckel & C. Richard Edwards, 1999. "The Economics of Bt Corn: Valuing Protection from the European Corn Borer," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 21(2), pages 442-454.
    3. Anderson, Jock R. & Dillon, John L. & Hardaker, J. Brian, 1985. "Farmers and Risk," 1985 Conference, August 26-September 4, 1985, Malaga, Spain 183026, International Association of Agricultural Economists.
    Full references (including those not matched with items on IDEAS)

    Citations

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


    Cited by:

    1. Demont, Matty & Tollens, Eric, 2003. "Impact Of Biotechnology In Europe: The First Four Years Of Bt Maize Adoption In Spain," Working Papers 31851, Katholieke Universiteit Leuven, Centre for Agricultural and Food Economics.
    2. McBride, William D. & El-Osta, Hisham S., 2002. "Impacts of the Adoption of Genetically Engineered Crops on Farm Financial Performance," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 34(1), pages 175-191, April.

    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.
    1. Hyde, Jeffrey & Martin, Marshall A. & Preckel, Paul V. & Buschman, Lawrent L. & Edwards, C. Richard & Sloderbeck, Phillip E. & Higgins, Randall A., 2003. "The Value of Bt Corn in Southwest Kansas: A Monte Carlo Simulation Approach," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 28(1), pages 1-19, April.
    2. van Mellor, Thuy & Alexander, Corinne E. & Bledsoe, Larry & Krupke, Christian, 2006. "An Economic Analysis of Control of the Western Corn Rootworm Variant across Indiana," 2006 Annual meeting, July 23-26, Long Beach, CA 21264, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    3. František KOCOUREK & Jitka STARÁ, 2012. "Efficacy of Bt maize against European corn borer in Central Europe," Plant Protection Science, Czech Academy of Agricultural Sciences, vol. 48(SpecialIs), pages 25-35.
    4. C. S. Kim & Glenn D. Schaible & Jan Lewandrowski & Utpal Vasavada, 2010. "Managing Invasive Species in the Presence of Endogenous Technological Change with Uncertainty," Risk Analysis, John Wiley & Sons, vol. 30(2), pages 250-260, February.
    5. Marra, Michele & Pannell, David J. & Abadi Ghadim, Amir, 2003. "The economics of risk, uncertainty and learning in the adoption of new agricultural technologies: where are we on the learning curve?," Agricultural Systems, Elsevier, vol. 75(2-3), pages 215-234.
    6. Marra, Michele C. & Pardey, Philip G. & Alston, Julian M., 2002. "The payoffs to agricultural biotechnology: an assessment of the evidence," EPTD discussion papers 87, International Food Policy Research Institute (IFPRI).
    7. Meilke, Karl D. & Pekaric-Falak, Ivana & Huff, Karen, 2001. "The Trade Effects Of Bt Corn," CATRN Papers 12889, Canadian Agri-Food Trade Research Network.
    8. Demont, Matty & Tollens, Eric, 2003. "Impact Of Biotechnology In Europe: The First Four Years Of Bt Maize Adoption In Spain," Working Papers 31851, Katholieke Universiteit Leuven, Centre for Agricultural and Food Economics.
    9. Runge, C. Ford & Jackson, Lee Ann, 1999. "Labeling, Trade And Genetically Modified Organisms (Gmos): A Proposed Solution," Working Papers 14402, University of Minnesota, Center for International Food and Agricultural Policy.
    10. Guanming Shi & Jean-paul Chavas & Kyle Stiegert, 2010. "An Analysis of the Pricing of Traits in the U.S. Corn Seed Market," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 92(5), pages 1324-1338.
    11. Krishna, Vijesh V. & Zilberman, David & Qaim, Matin, 2009. "GM Technology Adoption, Production Risk and On-farm Varietal Diversity," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49173, Agricultural and Applied Economics Association.
    12. Hurley, Terrance M. & Mitchell, Paul D. & Rice, Marlin E., 2001. "What Is The Value Of Bt Corn?," 2001 Annual meeting, August 5-8, Chicago, IL 20476, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    13. Yang, Juan & Mitchell, Paul D., 2004. "Unbalanced Nested Component Error Model For Estimating Pest Damage Functions," 2004 Annual meeting, August 1-4, Denver, CO 20002, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    14. Mitchell, Paul D. & Zhu, En (John), 2003. "Moral Hazard And Bt Corn Refuge," 2003 Annual meeting, July 27-30, Montreal, Canada 22113, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    15. Felicia Wu, 2004. "Explaining Public Resistance to Genetically Modified Corn: An Analysis of the Distribution of Benefits and Risks," Risk Analysis, John Wiley & Sons, vol. 24(3), pages 715-726, June.
    16. Fernandez-Cornejo, Jorge & Wechsler, Seth James, 2011. "Revisiting the Impact of Bt Corn Adoption by U.S. Farmers," 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania 103327, Agricultural and Applied Economics Association.
    17. Pray, Carl & Ma, Danmeng & Huang, Jikun & Qiao, Fangbin, 2001. "Impact of Bt Cotton in China," World Development, Elsevier, vol. 29(5), pages 813-825, May.
    18. Krishna, Vijesh V. & Zilberman, David & Qaim, Matin, 2009. "Transgenic technology adoption and on-farm varietal diversity," 2009 Conference, August 16-22, 2009, Beijing, China 51750, International Association of Agricultural Economists.
    19. Hurley, Terrance M. & Olson, Kent D., 2000. "Production Decisions With Uncertain Markets: The Case Of Bt Corn," 2000 Annual meeting, July 30-August 2, Tampa, FL 21801, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    20. Adesina, A. A. & Ouattara, A. D., 2000. "Risk and agricultural systems in northern Cote d'Ivoire," Agricultural Systems, Elsevier, vol. 66(1), pages 17-32, October.

    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:ags:aaea00:21840. 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/aaeaaea.html .

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

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.