A Model of Diffusion of Genetically Modified Crop Technology in Concentrated Agricultural Processing Markets - The Case of Soybeans

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dc.creatorNadolnyak, Denis A.
dc.creatorSheldon, Ian M.
dc.date2017-04-01T19:58:51Z
dc.date.accessioned2026-07-09T03:48:47Z
dc.descriptionIn the paper, a dynamic model of diffusion of genetically modified crop technology is developed and simulated using the U.S. soybean market data. The model accounts for factors specific to agricultural markets, such as oligopsony power and strategic interaction among crop processors, growers' characteristics such as adoption behavior, and identity preservation requirements. Simulation results show how these factors affect the magnitude and distribution of the potential gains from genetically modified crops.
dc.identifierdoi:10.22004/ag.econ.24872
dc.identifierhttps://ageconsearch.umn.edu/record/24872/files/cp02na14.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/24872
dc.identifier.urihttp://hdl.handle.net/123456789/540294
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/24872
dc.titleA Model of Diffusion of Genetically Modified Crop Technology in Concentrated Agricultural Processing Markets - The Case of Soybeans
dc.typeText

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