Valuing the Changes in Herbicide Risks Resulting from Adoption of Roundup Ready Soybeans by U.S. Farmers: A Revealed-Preference Approach
| Autor: | Michele C. Marra, Olha Sydorovych |
|---|---|
| Rok vydání: | 2008 |
| Předmět: |
Economics and Econometrics
Reduced risk Impact factor media_common.quotation_subject food and beverages Agricultural and Biological Sciences (miscellaneous) pesticide human and environmental risks revealed preferences Roundup Ready soybeans Agribusiness Agricultural and Food Policy Crop Production/Industries Risk and Uncertainty Q51 Agricultural economics respiratory tract diseases Willingness to pay immune system diseases Revealed preference Economics sense organs skin and connective tissue diseases Welfare media_common Valuation (finance) Agribusiness |
| Zdroj: | Journal of Agricultural and Applied Economics. 40:777-787 |
| ISSN: | 2056-7405 1074-0708 |
| DOI: | 10.1017/s1074070800002327 |
| Popis: | A revealed-preference–based approach is proposed for valuation of the environmental and human impacts of pesticides. It is assumed that farmers reveal their willingness to pay for improved pesticide safety by selecting a specific product out of the set of available alternatives based on their costs, effectiveness, and safety. The approach is applied to estimate the welfare impact of changed patterns of herbicide use on Roundup Ready soybeans. The results indicate that farmers associate positive values with safety improvements. The aggregate welfare impact of the reduced risk for the U.S. soybean farmers was estimated to be $90.3 million in 2001. |
| Databáze: | OpenAIRE |
| Externí odkaz: |
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