This compendium for economists, researchers, advanced students, and policy makers compiles methodological, analytical, and empirical findings in applied economics targeted to key questions related to genetically modified (GM) crops and the use of biotechnology in food and agriculture. Contributors are top agricultural economists from around the world, looking at areas such as consumer attitudes, environmental impact, regulation, investment, and development. After an international overview and a review of emerging biotechnology applications in agriculture, chapters investigate areas such as GM crops and global food security, current and potential farm-level impacts of GM crops in developing countries, biotechnology in India and China, and the contributions of public and private R&D to biotechnology innovation. Other areas explored are spatial pricing of GM hybrid corn seeds, biotechnology and biofuel, and the effect of GM labeling regimes on market outcomes. Carter is affiliated with the Department of Agricultural and Resource Economics at the University of California. Annotation ©2011 Book News, Inc., Portland, OR (booknews.com)