Dynamic pricing of Genetically Modified Crop Traits
The issue considered here is the retail pricing of patented crop traits such as Roundup Ready herbicide resistance or Bt insect resistance. Our concern is not with the price of the seeds in which the traits are embodied, but rather with the implicit or explicit price for the traits themselves. Intellectual property rights are now available for traits, and while monopoly pricing of them has received some limited consideration in theeconomics literature1, no one has yet examined the possible implications of the durability of these traits as a factor in determining such monopolists' pricing behavior.
|Date of creation:||06 Jan 2005|
|Date of revision:|
|Note:||Type of Document - pdf; pages: 15. in The Governance of Agriculture, R. Evenson and V. Santianiello, eds., CABI, 2004|
|Contact details of provider:|| Web page: http://econwpa.repec.org|
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- Diwan, Ishac & Rodrik, Dani, 1991.
"Patents, appropriate technology, and North-South trade,"
Journal of International Economics,
Elsevier, vol. 30(1-2), pages 27-47, February.
- Diwan, Ishac & Rodrik, Dani, 1989. "Patents, appropriate technology, and North-South trade," Policy Research Working Paper Series 251, The World Bank.
- Ishac Diwan & Dani Rodrik, 1989. "Patents, Appropriate Technology, and North-South Trade," NBER Working Papers 2974, National Bureau of Economic Research, Inc.
- Perrin, Richard K., 1999.
"Intellectual property rights and developing country agriculture,"
Agricultural Economics of Agricultural Economists,
International Association of Agricultural Economists, vol. 21(3), December.
- Perrin, Richard K., 1999. "Intellectual property rights and developing country agriculture," Agricultural Economics, Blackwell, vol. 21(3), pages 221-229, December.
- Joel Sobel & Ichiro Takahashi, 1983. "A Multistage Model of Bargaining," Review of Economic Studies, Oxford University Press, vol. 50(3), pages 411-426.
- Deardorff, Alan V, 1992. "Welfare Effects of Global Patent Protection," Economica, London School of Economics and Political Science, vol. 59(233), pages 35-51, February.
- Coase, Ronald H, 1972. "Durability and Monopoly," Journal of Law and Economics, University of Chicago Press, vol. 15(1), pages 143-49, April.
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