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The Distribution of Rents in Supply Chain Industries: The Case of High Oil Corn 31
Harrington, David H.; Jefferson-Moore, Kenrett Y..
Value-enhanced crops (VEC's) have been the focus of "second-generation" genetically modified (GM) crops. The market power granted by intellectual property rights (IPR) and the use of contractual arrangements in VEC gene and seed production have fostered a move toward tightly-aligned supply chain industries. This paper suggests and tests an analytical methodology for examining a number of issues in tightly-aligned supply chain industries: (1) the distributions of potential monopolistic and monopsonistic rents, (2) choices of licensing intellectual property versus in-house seed production and distribution (3) implications of alternative marketing strategies and elasticities of demand on the magnitudes of rents, and (4) determining impacts on different stages...
Tipo: Conference Paper or Presentation Palavras-chave: Equilibrium displacement; High-oil corn; Mathematical programming; Value-enhanced crops; Crop Production/Industries; Industrial Organization.
Ano: 2006 URL: http://purl.umn.edu/25579
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