Economics

One core area of economic research will be to develop a better understanding of the way institutions and markets evolve to shape the adoption patterns of agricultural biotechnology products by producers and the consumption patterns of consumers. The focus will be on the factors shaping the decisions and interactions among producers; handlers, traders, processors, marketers; and consumers.

In an effort related to research conducted at the University of Wisconsin, NDSU will examine survey data concerning the acceptance of (GMO) small grains and specialty oil seeds as genetically engineered varieties of the crops are introduced in the future. NDSU researchers will provide information on the effects of market segmentation on farmer decisions, as well as on other farm-level determinants of adoption patterns. All research will depend on farm-level survey data that will reveal both ex ante and ex post GMO acceptance patterns and determinants.

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