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Economic History Commons

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Articles 1 - 3 of 3

Full-Text Articles in Economic History

Indonesia’S Palm Oil Expansion & Further Contribution To Economic Fragility, Kathryn Devon Dixon Jan 2016

Indonesia’S Palm Oil Expansion & Further Contribution To Economic Fragility, Kathryn Devon Dixon

Senior Projects Spring 2016

Indonesia's growing dependence on the expansion of palm oil plantations as one of their prime exports has lead to the creation of many externalities both environmental and social, which has furthered their financial fragility. Since the Asian Economic Crisis, Indonesia has seemingly been growing substantially, but recent occurrences show that Indonesia may have more fragility than known.


Intellectual Property In Plant Breeding: Comparing Different Levels And Forms Of Protection, Sergio H. Lence, Dermot J. Hayes, Julian M. Alston, John Stephen C. Smith Jan 2016

Intellectual Property In Plant Breeding: Comparing Different Levels And Forms Of Protection, Sergio H. Lence, Dermot J. Hayes, Julian M. Alston, John Stephen C. Smith

Economics Publications

Welfare trade-offs between intellectual property (IP) protections provided by patents and by plant variety protection (PVP) are explored. PVP breeders’ exemption weakens IP protection, but may speed the transfer of research gains across firms. A model is developed assuming firms optimise research given existing IP protection. A baseline scenario supporting each system is used to perform welfare analysis, and study how the balance is altered between systems. Survey data suggest patents are more appropriate for longer-term, higher-risk research, whereas PVP is better suited for traditional breeding. A scenario where patents and licensing co-exist dominates PVP in all commercially relevant areas.


Trends And Determinants Of Us Farmland Values Since 1910: Evidence From The Iowa Land Value Survey, Wendong Zhang, Zachariah Beek Jan 2016

Trends And Determinants Of Us Farmland Values Since 1910: Evidence From The Iowa Land Value Survey, Wendong Zhang, Zachariah Beek

Economics Publications

Valued at 2.31 trillion US dollars in 2016, farm real estate (land and structures) accounted for 85% of total US farm assets; in addition, farm real estate also represents the largest single item in a typical farmer’s investment portfolio. As a result, changes in its values have been a perennial interest to policy-makers, farmers, researchers and investors alike. Focusing on Iowa, a Midwestern state at the heart of the Corn Belt, and using annual data since 1950 from the Iowa Land Value Survey, this article analyses what drives the changes in land values in Iowa and across the ...