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An Exploration of Product Choices in U.S. Biotech Corn Seed Market

  • Zhang, Wenhui
  • Shi, Guanming
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    We investigate the market and firm-specific factors that may impact firms’ product choices in the U.S. biotech corn seed market. Specifically, we estimate how the competition effects, the conglomeration effect, the similarity effect, and other market shifters influence firms’ variety choices under imperfect competition. In addition, we examine and compare such responses among different types of firms, including integrated biotech firms versus seed companies, and the incumbent firms versus the entrant firms.

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    File URL: http://purl.umn.edu/124758
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    Paper provided by Agricultural and Applied Economics Association in its series 2012 Annual Meeting, August 12-14, 2012, Seattle, Washington with number 124758.

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    Date of creation: 2012
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    Handle: RePEc:ags:aaea12:124758
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    1. Lisa George & Joel Waldfogel, 2000. "Who Benefits Whom in Daily Newspaper Markets?," NBER Working Papers 7944, National Bureau of Economic Research, Inc.
    2. Shi, Guanming & Chavas, Jean-Paul & Steigert, Kyle, 2009. "An Analysis of the Pricing of Traits in the U.S. Corn Seed Market," Staff Paper Series 544, University of Wisconsin, Agricultural and Applied Economics.
    3. B. Curtis Eaton, 1972. "Spatial Competition Revisited," Canadian Journal of Economics, Canadian Economics Association, vol. 5(2), pages 268-78, May.
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