| 来源类型 | Discussion paper |
| 规范类型 | 论文 |
| 来源ID | DP13525 |
| DP13525 Valuing Product Innovation: Genetically Engineered Varieties in U.S. Corn and Soybeans | |
| Federico Ciliberto; GianCarlo Moschini; Edward Perry | |
| 发表日期 | 2019-02-13 |
| 出版年 | 2019 |
| 语种 | 英语 |
| 摘要 | We develop a discrete-choice model of differentiated products for U.S. corn and soybean seed demand to study the welfare impact of genetically engineered (GE) crop varieties. Using a unique dataset spanning the period 1996-2011, we find that the welfare impact of the GE innovation is significant. In the last five years of the period analyzed, our preferred counterfactual indicates that total surplus due to GE traits was $5.18 billion per year, with seed manufacturers appropriating 56% of this surplus. The seed industry obtained more surplus from GE corn, whereas farmers received more surplus from GE soybeans. |
| 主题 | Industrial Organization |
| URL | https://cepr.org/publications/dp13525 |
| 来源智库 | Centre for Economic Policy Research (United Kingdom) |
| 资源类型 | 智库出版物 |
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/542341 |
| 推荐引用方式 GB/T 7714 | Federico Ciliberto,GianCarlo Moschini,Edward Perry. DP13525 Valuing Product Innovation: Genetically Engineered Varieties in U.S. Corn and Soybeans. 2019. |
| 条目包含的文件 | 条目无相关文件。 | |||||
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