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Provedor de dados:  AgEcon
País:  United States
Título:  Economic Impacts of the U.S. Soybean Aphid Infestation: A Multi-Regional Competitive Dynamic Analysis
Autores:  Kim, C.S.
Schaible, Glenn D.
Garrett, Lynn
Lubowski, Ruben N.
Lee, Donna J.
Data:  2008-12-04
Ano:  2008
Palavras-chave:  Soybean aphid
Invasive species
Producer surplus
Consumer surplus
Rag-1
Crop Production/Industries
Resumo:  We estimated the economic benefits resulting from controlling soybean aphid infestation by using a multi-regional competitive dynamic equilibrium model. Results indicate that the reduction of soybean production resulting from a soybean aphid infestation is largely absorbed by reducing soybean exports, due to the higher price elasticity of export demand compared to domestic demand. Producer benefits resulting from controlling soybean aphids would increase by between $949 million and $1.623 billion in ten years under various scenarios. Results also suggest that it is economically more efficient to control soybean aphids when the rate of intrinsic growth is relatively lower, the supply price elasticity of soybean acreage is relatively more elastic, and insecticide treatment costs per acre are lower. However, if the discovery of the gene Rag-1 (TF04048) leads to new cultivars that withstand the soybean aphid, our estimates will overestimate the actual damages. Even so, our analysis demonstrates that it is critical to control soybean aphids early in their infestation cycle to avoid a rapid increase in damages.
Tipo:  Journal Article
Idioma:  Inglês
Identificador:  http://purl.umn.edu/45660
Relação:  Agricultural and Resource Economics Review>Volume 37, Number 2, October 2008
Formato:  16
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