Producer Surplus Distributions in GM Crops: The Ignored Impacts of Roundup Ready Wheat

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Wilson, William W.; Huso, Scott R.;
(2006)
  • Subject: genetically modified crops, Roundup Ready, wheat, Crop Production/Industries,
    mesheuropmc: food and beverages | health care economics and organizations

Release of a genetically modified (GM) crop variety would lower prices of competing pesticides used on conventional varieties. This causes an increase in surplus for those farmers who adopt the GM variety, as well as for those who plant the conventional variety. A Courn... View more
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