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The Market Acceptance And Welfare Impacts Of Genetic Use Restriction Technologies (Gurts)

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  • Khachaturyan, Marianna
  • Yiannaka, Amalia

Abstract

We develop an analytical framework of heterogeneous consumers and producers to examine the market and welfare effects of Technology Use Agreements (TUAs) and variety-level Genetic Use Restriction Technologies (V-GURTs). Specifically, we examine an innovator’s decision to introduce V-GURTs into a new seed variety that offers enhanced agronomic characteristics to producers and desirable functional properties to consumers, taking into account heterogeneous consumer preferences regarding interventions in the production process and farmer characteristics and incentives to engage in unauthorized use of proprietary seed.

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  • Khachaturyan, Marianna & Yiannaka, Amalia, 2012. "The Market Acceptance And Welfare Impacts Of Genetic Use Restriction Technologies (Gurts)," 2012 Conference, August 18-24, 2012, Foz do Iguacu, Brazil 126880, International Association of Agricultural Economists.
    • Handle: RePEc:ags:iaae12:126880
    DOI: 10.22004/ag.econ.126880
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    1. Konstantinos Giannakas, 2002. "Information Asymmetries and Consumption Decisions in Organic Food Product Markets," Canadian Journal of Agricultural Economics/Revue canadienne d'agroeconomie, Canadian Agricultural Economics Society/Societe canadienne d'agroeconomie, vol. 50(1), pages 35-50, March.
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    6. Lence, Sergio H. & Hayes, Dermot J. & McCunn, Alan & Smith, Stephen & Niebur, William S., 2005. "Welfare Impacts of Intellectual Property Protection in the Seed Industry," Staff General Research Papers Archive 12434, Iowa State University, Department of Economics.
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    1. Hervouet, Adrien & Langinier, Corinne, 2018. "Plant Breeders’ Rights, Patents, and Incentives to Innovate," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 43(1), January.

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