Cornhusker Economics

Cornhusker Economics

The Economic Impact of New Technology Adoption: An Example of the Role of Genetically Modified Technology
Fire blight is a bacterial disease that can affect various parts of the apple tree during different growth stages, including the blossom, fruit, roots and shoots. Fire blight outbreaks cause serious damage to apple producers. In 2000, Michigan lost more than 600 acres of orchards and more than 220,000 trees aged two to five years to the disease, leading to a loss of more than $42 million to the region (Norelli, Jones, and Aldwinckle, 2003). Typically in the United States, fire blight losses exceed $100 million annually. In this study, we evaluate new production technologies aimed at controlling fire blight in the U.S. apple industry using a temporal and spatial partial equilibrium model.

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2017 Cornhusker Economics

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