Welfare Implications of Washington Wheat Breeding Programs
Lia Nogueira,
Joel Michalski,
Thomas L. Marsh and
Vicki McCracken
Journal of Agricultural and Applied Economics, 2015, vol. 47, issue 2
Abstract:
We calculate the welfare effects of the Washington State University (WSU) wheat breeding programs for producers and consumers in Washington, Oregon, Idaho, and the United States, and for importers of U.S. wheat. We develop a partial equilibrium multiregion, multiproduct, multivariety trade model for wheat that provides consumer, producer, and total surplus for each wheat class and region. Our results provide evidence suggesting that WSU wheat breeding programs have increased welfare for the state of Washington, the United States, and importers of U.S. wheat.
Keywords: Crop; Production/Industries (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ags:joaaec:348940
DOI: 10.22004/ag.econ.348940
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