The EPA has imposed mandatory refuge requirements for Bt crops to prolong the efficacy of Bt. Growers have no economic incentive to plant the required refuge because refuge crops are on average less productive and more risky. This paper evaluates refuge insurance--insurance that pays indemnities...

This paper reports a new set of estimates of the returns to swine research in Canada. These estimates were obtained using Agriculture and Agrifood Canada's Canadian Regional Agricultural Model (CRAM). Positive Mathematical Programming was incorporated into the model for use in this study. The...

This paper examines two questions: (1) what were the most important factors that led to differential rates of adoption of maize technology by farmers in Zimbabwe, Zambia, and Malawi from 1910 to 1995? and (2) what do these experiences suggest about strategic investments in institutions and...

The rapidity of change has left scant opportunity for investigation of the consequences of biotechnologyadoption on long-term ecosystem or economic system functioning. Economic theory suggests that, if the"Biotechnology Revolution" is left to market forces alone,there will be neglected public...

The otherwise straightforward analysis of randomized experiments is often complicated by the presence of missing data. In such situations it is necessary to make assumptions about the dependence of the selection mechanism on treatment, response, and covariates. The widely used approach of...

Around $100 million has been spent annually on R&D and promotion in the Australian red meat industries in recent years. The R&D investments are made throughout the production, processing and marketing chain in both the grass and grain finished sectors. Promotion investments are made in both...

This paper develops an option value model to examine the extent to which output price uncertainty creates incentives to adopt two interrelated components of site-specific technologies sequentially. It analyzes how the impact of uncertainty on the sequential adoption decision differs across...

The Land Grant College and University (LGCU) research system is in a state of confusion. Public research privatization, industry concentration, and balancing money and the Land Grant mission are issues LGCUs currently face. The ag-biotechnology revolution complicates these issues. This paper...