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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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| Furtan, William Hartley; Guzel, A.; Karantininis, Kostas. |
| The Doha Round has been slow to achieve a reduction in the level of agricultural protection. This remains the case notwithstanding the substantial economic benefits that would arise from a more liberal agricultural trading regime. We provide one explanation for this slowness using a simple bargaining model. We demonstrate that the bargaining countries received a substantial fiscal gain from reducing government expenditures in the run-up to the Uruguay Round. This fiscal pressure was sufficient to block rent seekers who wanted farm payments to continue. Since the Uruguay Round these fiscal constraints have been reduced and the same pressure to reach a bargain and control rent-seeking behaviour is not present in the Doha Round. |
| Tipo: Journal Article |
Palavras-chave: Doha Round; Rent seeking; Bargaining; International Relations/Trade. |
| Ano: 2007 |
URL: http://purl.umn.edu/7706 |
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