000024495 001__ 24495
000024495 005__ 20180122202745.0
000024495 037__ $$a724-2016-49166
000024495 041__ $$aen
000024495 084__ $$aD71
000024495 084__ $$aQ16
000024495 245__ $$aLandscape Clubs: Co-existence of GM and Organic Crops
000024495 260__ $$c2005
000024495 269__ $$a2005
000024495 300__ $$a22
000024495 336__ $$aConference Paper/ Presentation
000024495 446__ $$aEnglish
000024495 490__ $$aContributed Paper
000024495 520__ $$aThe possibility of increased production of genetically modified (GM) crops in agriculture accentuates the need to examine the feasibility of GM and non-GM technologies coexisting on a common physical landscape. Using the theory of clubs, this paper examines the possibility of coexistence for GM and organic wheat technologies through the formation of an organic club with an endogenously determined buffer zone. Given the available data on prices, yields, and rotations, it is shown that a club can be created in which GM and organic agricultural production technologies can economically co-exist in the same physical landscape. Specifically, co-existence results in an increase in economic welfare over a situation where only GM technology is used but is not Pareto superior because producers in the buffer zone will incur injury. We show that organic producers in the club can compensate producers in the buffer zone and still be better off. Hence, the compensation principle holds.
000024495 650__ $$aCrop Production/Industries
000024495 700__ $$aFurtan, William Hartley
000024495 700__ $$aGuzel, A.
000024495 700__ $$aWeseen, A.S.
000024495 8564_ $$s218747$$uhttp://ageconsearch.umn.edu/record/24495/files/cp05fu01.pdf
000024495 887__ $$ahttp://purl.umn.edu/24495
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  Previous issue date: 2005
000024495 982__ $$gEuropean Association of Agricultural Economists>2005 International Congress, August 23-27, 2005, Copenhagen, Denmark
000024495 980__ $$a724