Innovation and Regulation in the Pesticide Industry

Michael Ollinger and Jorge Fernandez-Cornejo

Agricultural and Resource Economics Review, 1998, vol. 27, issue 1, 15-27

Abstract: This paper examines the impact of pesticide regulation on the number of new pesticide registrations and pesticide toxicity. Results suggest that regulation adversely affects new pesticide introductions but encourages the development of pesticides with fewer toxic side effects. The estimated regression model implies that a 10% increase in regulatory costs (about $1.5 million per pesticide) causes a 5% reduction in the number of pesticides with higher toxicity.

Date: 1998
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Related works:
Journal Article: INNOVATION AND REGULATION IN THE PESTICIDE INDUSTRY (1998)
Working Paper: Innovation and Regulation in the Pesticide Industry (1995)
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Persistent link: https://EconPapers.repec.org/RePEc:cup:agrerw:v:27:y:1998:i:01:p:15-27_00

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