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| Kim, Hong Jin; Konyar, Kazim; Sargent, Keith. |
| Bt-corn, a genetically engineered insect resistant variety, has been adopted by almost one-quarter of all corn farmers, resulting in economic impacts on both conventional corn growers and Bt-corn growers. we estimate changes in profits for both types of farmers with different levels of seed premiums, yield increases and adoption rates. We find that Bt-corn growers will see their profits decline when the adoption rate and seed premium are high, if they are not offset by higher yields. Conventional corn growers will always experience a decline in profits because the yield increase from Bt-corn causes corn price to fall. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Crop Production/Industries. |
| Ano: 2002 |
URL: http://purl.umn.edu/19772 |
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| Sargent, Keith; Kim, Jin. |
| Methyl Bromide in the United States is supplied by only four firms (two producers and two importers) who reap windfall profits from MB restrictions. Since 1992 we estimate that over $300 million in cumulative windfall profits have resulted from restrictions on Methyl Bromide and currently run between $65 to $80 million annually. We examine the factors that influenced this price rise, the changes in quota premiums and deadweight losses under trade and no-trade scenarios; and how methods to capture and redistribute windfall profits will alter efficiency and equity. |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Agribusiness. |
| Ano: 2004 |
URL: http://purl.umn.edu/20259 |
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