Welfare Implications of Washington Wheat Breeding Programs
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We calculate the welfare effects of the WSU wheat breeding programs for producers and consumers in Washington State, Oregon, Idaho, the United States and the rest of the world. We develop a partial equilibrium multi-region, multi-product, multi-variety trade model for wheat that provides consumer, producer and total surplus for each wheat class and region. Our results provide evidence suggesting that WSU wheat breeding programs have increased welfare in Washington State, in the United States and the rest of the world.