UNCERTAINTIES OF ESTIMATING THE WELFARE EFFECTS OF AGRICULTURAL BIOTECHNOLOGY IN THE EUROPEAN UNION

In literature, impact estimates of agricultural biotechnology vary strongly according to the region, the crop, the year, the scale, and the methodology of the study. Therefore, this paper provides a methodological background for analysing, interpreting, and comparing these estimates. All possible uncertainties entailed in the estimation procedure are reviewed as well as a methodology to incorporate them into a stochastic simulation model. This procedure can be used to assess the welfare effects of agricultural biotechnology in the European Union.


Issue Date:
2001
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/31828
Total Pages:
87
Series Statement:
Working Paper 58




 Record created 2017-04-01, last modified 2017-08-24

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