This book addresses international trade and policy issues concerning agricultural biotechnology. The 16 chapters in this volume are edited and revised versions of papers presented at the 8th International Conference of the International Consortium on Agricultural Biotechnology Research, held in...

This book presents 21 selected revised and edited papers from the 4th and 5th meetings of the International Consortium on Agricultural Biotechnology Research, held in Italy in 2000 and 2001. Topics covered include: intellectual property rights and technological exchange; public-private issues;...

The overall goal of this study is to measure the impact that genetically modified cotton varieties have had on the production efficiency of smallholders in farming communities in China. We also find that the adoption of Bt cotton varieties leads to a significant decrease in the use of pesticides....

This book is based on papers presented at the 4th meeting of the International Consortium on Agricultural Biotechnology Research on the 'Economics of Agricultural Biotechnology'. A subset of those papers is included in this volume, which addresses market development issues in developed countries,...

This chapter looks at the problem of interdependent Bt projects in the framework of the theory or real options. First, it presents the case for the existence of stochastic interdependencies in Bt products (i.e. the interdependent nature of biotechnology risks). Next, it develops a simple model of...

This chapter extends the model for transgenic innovation pricing by Weaver and Kim (Incentives for R&D to develop GMO seeds: restricted monopoly, nonmarket effects, and regulation. Presented at the 6th International Conference of ICABR, Ravello, 2002) by considering ex-ante uncertainty and...

This chapter raises issues associated with gene flow in the case of plant-made pharmaceuticals (PMPs). Following an overview of the importance of PMPs, recent developments in this field and the possible environmental concerns are discussed. Recent developments include: plants with engineered...

This chapter addresses the use of two types of genetic use restriction technologies (GURTs) in agriculture: variety-level GURTs (V-GURTs) and trait-specific GURTs (T-GURTs). It examines weaknesses in plant breeders' rights and patent and contract laws, but questions whether breeders really need the ...

This chapter evaluates the impact of consumer opposition (particularly European opposition) to the adoption of GM food (GM wheat) and to the realization of its benefits in terms of global food security. The chapter (i) develops a conceptual model of consumer acceptance of GM crops; (ii) quantifies...

This chapter presents simulation results from a three-region, output price endogenous model of the world cotton market to evaluate the global impacts of Bt cotton adoption in the USA and China in 2001. Bt cotton reduced insecticide use and per pound production costs in both countries. Higher yields ...