EconPapers    
Economics at your fingertips  
 

Genetically Modified Crop Innovations and Product Differentiation: Trade and Welfare Effects in the Soybean Complex

Andrei Sobolevsky, GianCarlo Moschini and Harvey Lapan

ISU General Staff Papers from Iowa State University, Department of Economics

Abstract: A partial equilibrium four-region world trade model for the soybean complex is developed in which Roundup Ready (RR) products are weakly inferior substitutes to conventional ones, RR seeds are priced at a premium, and costly segregation is necessary to separate conventional and biotech products. Solution of the calibrated model illustrates how incomplete adoption of RR technology arises in equilibrium. The United States, Argentina, Brazil, and the Rest of the World (ROW) all gain from the introduction of RR soybeans, although some groups may lose. The impacts of RR production or import bans by the ROW or Brazil are analyzed. U.S. price support helps U.S. farmers, despite hurting the United States and has the potential to improve world efficiency.

Date: 2005-01-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://dr.lib.iastate.edu/server/api/core/bitstre ... 7925de62cb76/content
Our link check indicates that this URL is bad, the error code is: 403 Forbidden

Related works:
Working Paper: Genetically Modified Crop Innovations and Product Differentiation: Trade and Welfare Effects in the Soybean Complex (2002) Downloads
Working Paper: Genetically Modified Crop Innovations and Product Differentiation: Trade and Welfare Effects in the Soybean Complex (2002)
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:isu:genstf:200501010800001339

Access Statistics for this paper

More papers in ISU General Staff Papers from Iowa State University, Department of Economics Iowa State University, Dept. of Economics, 260 Heady Hall, Ames, IA 50011-1070. Contact information at EDIRC.
Bibliographic data for series maintained by Curtis Balmer ().

 
Page updated 2025-03-30
Handle: RePEc:isu:genstf:200501010800001339