INNOVATION AND REGULATION IN THE PESTICIDE INDUSTRY

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.


Subject(s):
Issue Date:
1998-04
Publication Type:
Journal Article
PURL Identifier:
http://purl.umn.edu/31508
Published in:
Agricultural and Resource Economics Review, Volume 27, Number 1
Page range:
15-27
Total Pages:
13




 Record created 2017-04-01, last modified 2017-08-24

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