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| Furtan, William Hartley; Guzel, A.; Weseen, A.S.. |
| The possibility of increased production of genetically modified (GM) crops in agriculture accentuates the need to examine the feasibility of GM and non-GM technologies coexisting on a common physical landscape. Using the theory of clubs, this paper examines the possibility of coexistence for GM and organic wheat technologies through the formation of an organic club with an endogenously determined buffer zone. Given the available data on prices, yields, and rotations, it is shown that a club can be created in which GM and organic agricultural production technologies can economically co-exist in the same physical landscape. Specifically, co-existence results in an increase in economic welfare over a situation where only GM technology is used but is not... |
| Tipo: Conference Paper or Presentation |
Palavras-chave: Crop Production/Industries; D71; Q16. |
| Ano: 2005 |
URL: http://purl.umn.edu/24495 |
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