EX-ANTE EVALUATION OF THE ECONOMIC IMPACT OF AGRICULTURAL BIOTECHNOLOGY IN THE EUROPEAN UNION: THE CASE OF TRANSGENIC SUGARBEETS

Abstract

We develop a theoretical welfare framework, which explicitly recognizes that research protected by intellectual property rights generates monopoly profits. The result is a simulation model, shaped to the European sugar sector, and enabling to assess the size and distribution of the benefits of transgenic sugarbeet adoption in the European Union and the Rest of the World.Crop Production/Industries, Research and Development/Tech Change/Emerging Technologies,