IDEAS home Printed from https://ideas.repec.org/p/ags/aes008/36773.html
   My bibliography  Save this paper

The Origin, Development And Structure Of Demand For Plant Genetic Resources. The Impact Of The In Trust Agreements To The CGIAR Collections Availability

Author

Listed:
  • Caracciolo, Francesco
  • Gotor, Elisabetta
  • Holloway, Garth J.
  • Watts, Jamie

Abstract

The objective of this paper is to explore how the demand of germplasm held by CGIAR genebanks changed over time in order to assess the possible influence of the 1994 In Trust Agreements on germplasm demand. The proposed theoretic model motivates the realistic hypothesis that the consequences of the In-Trust Agreements lead to an enhancement of CGIAR germplasm utilization. Therefore the paper firstly examines the classical literature on biodiversity’s valuation and its recent developments and subsequently it investigates the origin of the agricultural biodiversity’s economic value, providing a basic conceptual framework to infer on factors determining the demand for germplasm. Two Bayesian estimation frameworks are applied to the IRRI accessions distribution’s time-series to provide formal evidence to the hypothesis, exploiting Markov Chain Monte Carlo methods, Gibbs sampling in particular. Evidence suggests that the demand variation implies a change in the genetic collections economic value, impacting therefore on their direct use search value.

Suggested Citation

  • Caracciolo, Francesco & Gotor, Elisabetta & Holloway, Garth J. & Watts, Jamie, 2008. "The Origin, Development And Structure Of Demand For Plant Genetic Resources. The Impact Of The In Trust Agreements To The CGIAR Collections Availability," 82nd Annual Conference, March 31 - April 2, 2008, Royal Agricultural College, Cirencester, UK 36773, Agricultural Economics Society.
    • Handle: RePEc:ags:aes008:36773
    DOI: 10.22004/ag.econ.36773
    as

    Download full text from publisher

    File URL: https://ageconsearch.umn.edu/record/36773/files/Caracciolo_Gotor_holloway_watts.pdf
    Download Restriction: no
    File URL: https://libkey.io/10.22004/ag.econ.36773?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    References listed on IDEAS

    as
    1. Cicia, Gianni & D'Ercole, Elisabetta & Marino, Davide, 2003. "Costs and benefits of preserving farm animal genetic resources from extinction: CVM and Bio-economic model for valuing a conservation program for the Italian Pentro horse," Ecological Economics, Elsevier, vol. 45(3), pages 445-459, July.
    2. Stigler, George J., 2011. "Economics of Information," Ekonomicheskaya Politika / Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 35-49.
    3. Day-Rubenstein, Kelly A. & Heisey, Paul W. & Shoemaker, Robbin A. & Sullivan, John & Frisvold, George B., 2005. "Crop Genetic Resources: An Economic Appraisal," Economic Information Bulletin 59388, United States Department of Agriculture, Economic Research Service.
    4. Andrew Metrick & Martin L. Weitzman, 1998. "Conflicts and Choices in Biodiversity Preservation," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 21-34, Summer.
    5. Thirtle, Colin G., 1985. "Technological Change and the Productivity Slowdown in Field Crops: United States, 1939-78," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 17(2), pages 33-42, December.
    6. Simianer, H. & Marti, S. B. & Gibson, J. & Hanotte, O. & Rege, J. E. O., 2003. "An approach to the optimal allocation of conservation funds to minimize loss of genetic diversity between livestock breeds," Ecological Economics, Elsevier, vol. 45(3), pages 377-392, July.
    7. Evenson, Robert E & Gollin, Douglas, 1997. "Genetic Resources, International Organizations, and Improvement in Rice Varieties," Economic Development and Cultural Change, University of Chicago Press, vol. 45(3), pages 471-500, April.
    8. Stephen Polasky & Andrew Solow & James Broadus, 1993. "Searching for uncertain benefits and the conservation of biological diversity," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 3(2), pages 171-181, April.
    9. Simpson, R David & Sedjo, Roger A & Reid, John W, 1996. "Valuing Biodiversity for Use in Pharmaceutical Research," Journal of Political Economy, University of Chicago Press, vol. 104(1), pages 163-185, February.
    10. Martin L. Weitzman, 1998. "The Noah's Ark Problem," Econometrica, Econometric Society, vol. 66(6), pages 1279-1298, November.
    11. Kristin Jakobsson & Andrew Dragun, 2001. "The Worth of a Possum: Valuing Species with the Contingent Valuation Method," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 19(3), pages 211-227, July.
    12. Johnson, N. L. & Pachico, D. & Voysest, O., 2003. "The distribution of benefits from public international germplasm banks: the case of beans in Latin America," Agricultural Economics, Blackwell, vol. 29(3), pages 277-286, December.
    13. Chib, Siddhartha, 1998. "Estimation and comparison of multiple change-point models," Journal of Econometrics, Elsevier, vol. 86(2), pages 221-241, June.
    14. Evenson, Robert E & Kislev, Yoav, 1976. "A Stochastic Model of Applied Research," Journal of Political Economy, University of Chicago Press, vol. 84(2), pages 265-281, April.
    15. Pardey, Philip G. & Koo, Bonwoo & Wright, Brian D. & Van Dusen, M. Eric & Skovmand, Bent & Taba, Suketoshi, 1999. "Costing the ex situ conservation of genetic resources: maize and wheat at CIMMYT," EPTD discussion papers 52, International Food Policy Research Institute (IFPRI).
    16. Koo, B. & Pardey, P. G. & Wright, B. D., 2003. "The economic costs of conserving genetic resources at the CGIAR centres," Agricultural Economics, Blackwell, vol. 29(3), pages 287-297, December.
    17. Chib, Siddhartha, 1996. "Calculating posterior distributions and modal estimates in Markov mixture models," Journal of Econometrics, Elsevier, vol. 75(1), pages 79-97, November.
    18. Polasky Stephen & Solow Andrew R., 1995. "On the Value of a Collection of Species," Journal of Environmental Economics and Management, Elsevier, vol. 29(3), pages 298-303, November.
    19. Thirtle, Colin G., 1985. "Technological Change And The Productivity Slowdown In Field Crops: United States, 1939-78," Southern Journal of Agricultural Economics, Southern Agricultural Economics Association, vol. 17(2), pages 1-10, December.
    20. Douglas Gollin & Melinda Smale & Bent Skovmand, 2000. "Searching an Ex Situ Collection of Wheat Genetic Resources," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(4), pages 812-827.
    21. Melinda Smale & Jason Hartell & Paul W. Heisey & Ben Senauer, 1998. "The Contribution of Genetic Resources and Diversity to Wheat Production in the Punjab of Pakistan," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 80(3), pages 482-493.
    22. Milne, Mary & Godden, David P. & Kennedy, John O.S. & Kambuou, Rosa N., 1999. "Evaluating the Benefits of Conserved Crop Germplasm in PNG," 1999 Conference (43th), January 20-22, 1999, Christchurch, New Zealand 124091, Australian Agricultural and Resource Economics Society.
    23. Martin L. Weitzman, 1993. "What to Preserve? An Application of Diversity Theory to Crane Conservation," The Quarterly Journal of Economics, President and Fellows of Harvard College, vol. 108(1), pages 157-183.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. William A. Brock & Anastasios Xepapadeas, 2003. "Valuing Biodiversity from an Economic Perspective: A Unified Economic, Ecological, and Genetic Approach," American Economic Review, American Economic Association, vol. 93(5), pages 1597-1614, December.
    2. Baumgartner, Stefan & Becker, Christian & Faber, Malte & Manstetten, Reiner, 2006. "Relative and absolute scarcity of nature. Assessing the roles of economics and ecology for biodiversity conservation," Ecological Economics, Elsevier, vol. 59(4), pages 487-498, October.
    3. Andrew Metrick & Martin L. Weitzman, 1998. "Conflicts and Choices in Biodiversity Preservation," Journal of Economic Perspectives, American Economic Association, vol. 12(3), pages 21-34, Summer.
    4. Melinda Smale & Nelissa Jamora, 2020. "Valuing genebanks," Food Security: The Science, Sociology and Economics of Food Production and Access to Food, Springer;The International Society for Plant Pathology, vol. 12(5), pages 905-918, October.
    5. Tilman, David & Polasky, Stephen & Lehman, Clarence, 2005. "Diversity, productivity and temporal stability in the economies of humans and nature," Journal of Environmental Economics and Management, Elsevier, vol. 49(3), pages 405-426, May.
    6. Juutinen, Artti, 2008. "Old-growth boreal forests: Worth protecting for biodiversity?," Journal of Forest Economics, Elsevier, vol. 14(4), pages 242-267, November.
    7. Fadlaoui, Aziz & Roosen, Jutta & Baret, Philippe V., 2005. "Of Experts, Politicians and Beasts: Setting Priorities in Farm Animal Conservation Choices," 2005 International Congress, August 23-27, 2005, Copenhagen, Denmark 24546, European Association of Agricultural Economists.
    8. Samuel, Aurelia F. & Drucker, Adam G. & Andersen, Sven B. & Simianer, Henner & van Zonneveld, Maarten, 2013. "Development of a cost-effective diversity-maximising decision-support tool for in situ crop genetic resources conservation: The case of cacao," Ecological Economics, Elsevier, vol. 96(C), pages 155-164.
    9. Zander, Kerstin K. & Drucker, Adam G., 2008. "Conserving what's important: Using choice model scenarios to value local cattle breeds in East Africa," Ecological Economics, Elsevier, vol. 68(1-2), pages 34-45, December.
    10. Zander, Kerstin K. & Drucker, Adam G. & Holm-Müller, Karin & Simianer, Henner, 2009. "Choosing the "cargo" for Noah's Ark - Applying Weitzman's approach to Borana cattle in East Africa," Ecological Economics, Elsevier, vol. 68(7), pages 2051-2057, May.
    11. Béné, C. & Doyen, L., 2008. "Contribution values of biodiversity to ecosystem performances: A viability perspective," Ecological Economics, Elsevier, vol. 68(1-2), pages 14-23, December.
    12. Simianer, H., 2005. "Decision making in livestock conservation," Ecological Economics, Elsevier, vol. 53(4), pages 559-572, June.
    13. Amy Craft & R. Simpson, 2001. "The Value of Biodiversity in Pharmaceutical Research with Differentiated Products," Environmental & Resource Economics, Springer;European Association of Environmental and Resource Economists, vol. 18(1), pages 1-17, January.
    14. H. Spencer Banzhaf & James Boyd, 2012. "The Architecture and Measurement of an Ecosystem Services Index," Sustainability, MDPI, vol. 4(4), pages 1-32, March.
    15. Hein, Lars & Gatzweiler, Franz, 2006. "The economic value of coffee (Coffea arabica) genetic resources," Ecological Economics, Elsevier, vol. 60(1), pages 176-185, November.
    16. Frisvold, George B. & Condon, Peter T., 1998. "The convention on biological diversity and agriculture: Implications and unresolved debates1," World Development, Elsevier, vol. 26(4), pages 551-570, April.
    17. Kassar, Ilhem & Lasserre, Pierre, 2004. "Species preservation and biodiversity value: a real options approach," Journal of Environmental Economics and Management, Elsevier, vol. 48(2), pages 857-879, September.
    18. Costello, Christopher & Ward, Michael, 2006. "Search, bioprospecting and biodiversity conservation," Journal of Environmental Economics and Management, Elsevier, vol. 52(3), pages 615-626, November.
    19. Sarr, Mare & Goeschl, Timo & Swanson, Tim, 2008. "The value of conserving genetic resources for R&D: A survey," Ecological Economics, Elsevier, vol. 67(2), pages 184-193, September.
    20. Gotor, Elisabetta & Caracciolo, Francesco & Watts, Jamie, 2010. "The Perceived Impact of the In-Trust Agreements on CGIAR Germplasm Availability: An Assessment of Bioversity International's Institutional Activities," World Development, Elsevier, vol. 38(10), pages 1486-1493, October.

    More about this item

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:ags:aes008:36773. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: AgEcon Search (email available below). General contact details of provider: https://edirc.repec.org/data/aesukea.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.