The Doha Trade Round maintains that a considerable effort will be given to take into account better the particular needs of developing nations. Many low-income countries argue that the flexibility to invoke a special safeguard mechanism when faced with volatile commodity markets is a necessary...

The potential size and distribution of benefits from transgenic tobacco as a source of human serum albumin are estimated using an economic surplus model with imperfect competition. The results demonstrate that new products from bio-pharming applications stand to generate significant social benefits.

Economic impacts of research that developed Rosette Virus-resistance peanut in Uganda are estimated. Changes in economic surplus are calculated and combined with household data to assess changes in poverty rates and effects on livelihoods of the poor. The poverty rate may decline up to 1.5...

A general equilibrium model is developed to analyze the welfare effects of transgenic technologies for both the irrigated and non-irrigated rice ecosystems in Asia. Drought resistance, a technology of particular importance to unfavorable environments, is worth as much as Bt rice, a technology of...