PRODUCTION SYSTEMS COMPETITION AND THE PRICING OF INNOVATIONS: AN APPLICATION TO BIOTECHNOLOGY AND SEED CORN
Alexander, Corinne E.; Goodhue, Rachael E.
1999

Files

Abstract

Farmers now choose production systems rather than individual inputs. This change may limit biotechnology innovation rents. We model a corn farmer's production choice among four systems: traditional, herbicide-resistant, insect resistant, and high-oil. We compare actual seed and chemical prices to the maximum rent the biotechnology firm can obtain.

Details

Title PRODUCTION SYSTEMS COMPETITION AND THE PRICING OF INNOVATIONS: AN APPLICATION TO BIOTECHNOLOGY AND SEED CORN
Keywords
Author(s) Alexander, Corinne E.
Goodhue, Rachael E.
Subject(s)
Issue Date 1999
Publication Type Conference Paper/ Presentation
DOI and Other Identifiers 10.22004/ag.econ.21646
Record Identifier https://ageconsearch.umn.edu/record/21646
PURL Identifier http://purl.umn.edu/21646
Language English
Total Pages 14
Series Statement Selected Paper
Record Appears in Agricultural and Applied Economics Association (AAEA) > Agricultural and Applied Economics Association (AAEA) Conferences > 1999 Annual meeting, August 8-11, Nashville, TN

PDF

Statistics

from
to
Export
Download Full History