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Economic Issues and Analyses in Biotechnology

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  • Buhr, Brain
  • Hayenga, Marvin
  • DiPietre, Dennis
  • Kliebenstein, James

Abstract

Although the evolution of the food and agricultural system in developed countries seems to be progressing at an ever-increasing rate, in reality this trend has largely been realized as small bursts of progress followed by relatively dormant periods until another break-through is achieved. These break-throughs occur in a variety of ways, including the scientific, such as the development of new hybrids and genetic lines, useful chemicals etc., the political, such as the opening of trade with China and other communist countries, and the behavioral changes such as the shift toward leaner meats, more natural food products, and more highly processed "heat and serve" preferences among consumers.

Suggested Citation

  • Buhr, Brain & Hayenga, Marvin & DiPietre, Dennis & Kliebenstein, James, 1987. "Economic Issues and Analyses in Biotechnology," ISU General Staff Papers 198711010800001175, Iowa State University, Department of Economics.
    • Handle: RePEc:isu:genstf:198711010800001175
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    References listed on IDEAS

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    1. Andrew Schmitz & David Seckler, 1970. "Mechanized Agriculture and Social Welfare: The Case of the Tomato Harvester," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 52(4), pages 569-577.
    2. Zvi Griliches, 1958. "Research Costs and Social Returns: Hybrid Corn and Related Innovations," Journal of Political Economy, University of Chicago Press, vol. 66(5), pages 419-419.
    3. Harry W. Ayer & G. Edward Schuh, 1972. "Social Rates of Return and Other Aspects of Agricultural Research: The Case of Cotton Research in São Paulo, Brazil," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 54(4_Part_1), pages 557-569.
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