Agricultural Economics Department

 

Date of this Version

9-2016

Citation

Journal of Agricultural and Resource Economics 41(3):549–569

Comments

Copyright 2016 Western Agricultural Economics Association. Used by permission.

Abstract

We develop a temporal and spatial partial equilibrium model to evaluate the welfare impact of new technology on the apple industry to control fire blight. We show significant benefits of GM technology relative to conventional methods and other new methods such as microencapsulation of biological agents. We also show that the cost-reduction benefits of the technology exceed the yield-increasing benefits.