Link Between RandD Intensity and Market Concentration: Analysis of Brazilian Corn and Soybean Seed Markets Reportar como inadecuado




Link Between RandD Intensity and Market Concentration: Analysis of Brazilian Corn and Soybean Seed Markets - Descarga este documento en PDF. Documentación en PDF para descargar gratis. Disponible también para leer online.

As one of the main producers of corn and soybeans in the last three decades, Brazil’s expanded production could be explained by productivity enhancements that have occurred with the introduction of innovations in their seed markets. However, these markets also experienced a reconsolidation in the form of a market concentration. We aimed to test the hypothesis that there is an inverse relationship between these factors at the seed market. To test this hypothesis, we applied a GMM with instrumental variables to a theoretical framework. Results suggested that this link depends on market characteristics, such as in which year GMO were introduced. In the first period for corn, the relationship between these factors was direct, but after the GMO introduction, the relationship became inverse; alternatively, for soybeans, this dynamic was inverted. In addition, we found out that the public investment and propriety-rights regulations were important to determining the R&D intensity.

Keywords: market concentration ; R&D ; seeds markets.

Subject(s): Crop Production/Industries

Marketing

Issue Date: 2015

Publication Type: Conference Paper/ Presentation

PURL Identifier: http://purl.umn.edu/211563

Total Pages: 26

JEL Codes: L130

Record appears in: International Association of Agricultural Economists (IAAE) > 2015 Conference, August 9-14, 2015, Milan, Italy





Autor: Silva, Felipe ; Braga, Marcelo J. ; Garcia, Joao

Fuente: http://ageconsearch.umn.edu/record/211563?ln=en



DESCARGAR PDF




Documentos relacionados