An Exploration of Product Choices in U.S. Biotech Corn Seed Market
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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- 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.
- 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.
- B. Curtis Eaton, 1972. "Spatial Competition Revisited," Canadian Journal of Economics, Canadian Economics Association, vol. 5(2), pages 268-78, May.
- Lisa George & Joel Waldfogel, 2000. "Who Benefits Whom in Daily Newspaper Markets?," NBER Working Papers 7944, National Bureau of Economic Research, Inc.
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