On the Segregation of Genetically Modified, Conventional, and Organic Products in European Agriculture: A Multi-market Equilibrium Analysis, October 2005

Evaluating the possible benefits of the introduction of genetically modified (GM) crops must address the issue of consumer resistance as well as the complex regulation that has ensued. In the European Union (EU) this regulation envisions the “co-existence” of GM food with conventional and quality-enhanced products, mandates the labelling and traceability of GM products, and allows only a stringent adventitious presence of GM content in other products. All these elements are brought together within a partial equilibrium model of the EU agricultural food sector. The model comprises conventional, GM and organic food. Demand is modelled in a novel fashion, whereby organic and conventional products are treated as horizontally differentiated but GM products are vertically differentiated (weakly inferior) relative to conventional ones. Supply accounts explicitly for the land constraint at the sector level and for the need for additional resources to produce organic food. Model calibration and simulation allow insights into the qualitative and quantitative effects of the large-scale introduction of GM products in the EU market. We find that the introduction of GM food reduces overall EU welfare, mostly because of the associated need for costly segregation of non-GM products, but the producers of quality-enhanced products actually benefit.

Non-Grouted Bonded PCC Overlay City of Oskaloosa, HR-528, 1993

Based upon the success the Iowa Department of Transportation has had using thin bonded, low slump, dense portland cement concrete on bridge decks for rehabilitation, it was decided to pursue research in the area of bonded portland cement concrete resurfacing of pavements. Since that time, in an effort to reduce costs, research was conducted into eliminating the grouting operation. On this project a non-grouted overlay was used to modernize an existing urban street. This research project is located in the City of Oskaloosa on 11th Avenue from South M Street to South Market Street. Construction of the project went well and the non-grouted overlay has performed very well to date.