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Potential Impacts Of Pharmaceutical Uses Of Transgenic Tobacco: The Case Of Human Serum Albumin (Hsa)

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  • Kostandini, Genti
  • Mills, Bradford F.
  • Norton, George W.

Abstract

The potential size and distribution of benefits from transgenic tobacco as a source of human serum albumin are estimated using an economic surplus model with imperfect competition. The results demonstrate that new products from bio-pharming applications stand to generate significant social benefits.

Suggested Citation

  • Kostandini, Genti & Mills, Bradford F. & Norton, George W., 2004. "Potential Impacts Of Pharmaceutical Uses Of Transgenic Tobacco: The Case Of Human Serum Albumin (Hsa)," 2004 Annual meeting, August 1-4, Denver, CO 20289, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea04:20289
    DOI: 10.22004/ag.econ.20289
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    References listed on IDEAS

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    1. 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.
    2. Sara Ellison Fisher & Iain Cockburn & Zvi Griliches & Jerry Hausman, 1997. "Characteristics of Demand for Pharmaceutical Products: An Examination of Four Cephalosporins," RAND Journal of Economics, The RAND Corporation, vol. 28(3), pages 426-446, Autumn.
    3. 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.
    4. Mingxia Zhang, 1997. "The Effects of Imperfect Competition on the Size and Distribution of Research Benefits," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 79(4), pages 1252-1265.
    5. Shu-Yu Huang & Richard J. Sexton, 1996. "Measuring Returns to an Innovation in an Imperfectly Competitive Market: Application to Mechanical Harvesting of Processing Tomatoes in Taiwan," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 78(3), pages 558-571.
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    1. Kostandini, Genti & Mills, Bradford F., 2005. "Market Strategies for a Tobacco Bio-Pharming Application: The Case of Gaucher's Disease Treatment," 2005 Annual meeting, July 24-27, Providence, RI 19325, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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