Department of Economics

GianCarlo Moschini

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Professor
Pioneer Chair in Science and Technology Policy

Contact Information

Iowa State University
583 Heady Hall
Ames, IA 50011
(515) 294-5761
moschini@iastate.edu

Personal Website

Education

PhD, University of Guelph, Canada, 1986

Research Interests

Agricultural economics, economics of R&D, intellectual property rights, microeconomics.

Selected Publications

Lapan, Harvey E.; Moschini, GianCarlo, Second-Best Biofuel Policies and the Welfare Effects of Quantity Mandates and Subsidies, Journal of Environmental Economics and Management Vol. 63 (2012): 224-241.
Moschini, GianCarlo, Incentives and Outcomes in a Strategic Setting: The 3-Points-For-A-Win System in Soccer, Economic Inquiry Vol. 48 no. 1 (January 2010): 65-79. (WP #08021, June 2008)
Moschini, GianCarlo; Yerokhin, Oleg, Patents, Research Exemption, and the Incentive for Sequential Innovation, Journal of Economics & Management Strategy Vol. 17 (2008): 379-412. (WP #06019, January 2008)
Moschini, GianCarlo, Production Risk and the Estimation of Ex Ante Cost Functions, Journal of Econometrics Vol. 100 (2001): 357-380.

Awards and Honors

2005: Iowa State University Foundation Award for Outstanding Achievement in Research
2003: Fellow, American Agricultural Economic Association
2003: Who's Who in Economics

Professor
Pioneer Chair in Science and Technology Policy

GianCarlo Moschini is a professor of economics who also holds the Pioneer Endowed Chair in Science and Technology Policy.

Moschini’s current research focuses on the economics of scientific R&D activities and the impact of new technologies, with emphasis on questions and problems affecting the agricultural and food sectors. Active projects deal with the economic analysis of biotechnology innovations in agriculture, the analysis of intellectual property rights, labeling and product quality in food markets, and the study of biofuels policies. Other research interests include demand analysis and the study of individual decisions under risk.

Moschini studied at the Catholic University of Piacenza (Italy) and at the University of Guelph (Canada). He is a former editor of the American Journal of Agricultural Economics (1998-2000) and is a Fellow of the American Agricultural Economics Association (inducted in 2003). He has been at Iowa State University since 1987.

ISU Economics Working Papers Series

Cui, Jingbo; Lapan, Harvey; Moschini, GianCarlo, Are Exporters More Environmentally Friendly than Non-Exporters? Theory and Evidence, WP #12022, October 2012
Moschini, GianCarlo; Cui, Jingbo; Lapan, Harvey, Economics of Biofuels: An Overview of Policies, Impacts and Prospects, WP #12021, May 2012
Cui, Jingbo; Lapan, Harvey E.; Moschini, GianCarlo; Cooper, Joseph, Welfare Impacts of Alternative Biofuel and Energy Policies, American Journal of Agricultural Economics Vol. 93 no. 5 (October 2011): 1235-1256. (WP #10016, June 2010)
Moschini, GianCarlo, Competition Issues in the Seed Industry and the Role of Intellectual Property, Choices Vol. 25 no. 2 (Second Quarter 2010) (WP #10015, June 2010)
Menapace, Luisa; Moschini, GianCarlo, Quality Certification by Geographical Indications, Trademarks and Firm Reputation, WP #09024, November 2009 Revised on June 2010
Lapan, Harvey E.; Moschini, GianCarlo, Biofuels Policies and Welfare: Is the Stick of Mandates Better Than the Carrot of Subsidies?, WP #09010, June 2009
Moschini, GianCarlo, Incentives and Outcomes in a Strategic Setting: The 3-Points-For-A-Win System in Soccer, Economic Inquiry Vol. 48 no. 1 (January 2010): 65-79. (WP #08021, June 2008)
Moschini, GianCarlo; Yerokhin, Oleg, Patents, Research Exemption, and the Incentive for Sequential Innovation, Journal of Economics & Management Strategy Vol. 17 (2008): 379-412. (WP #06019, January 2008)
Lapan, Harvey E.; Moschini, GianCarlo, Grading, Minimum Quality Standards, and the Labeling of Genetically Modified Products, American Journal of Agricultural Economics Vol. 89 (August 2007): 769-783. (WP #06012, March 2006)

Journal Articles

Xu, Zheng; Hennessy, David A.; Sardana, Kavita; Moschini, GianCarlo, The Realized Yield Effect on GM Crops: U.S. Maize and Soybean, Forthcoming in Crop Science
Lapan, Harvey E.; Moschini, GianCarlo, Second-Best Biofuel Policies and the Welfare Effects of Quantity Mandates and Subsidies, Journal of Environmental Economics and Management Vol. 63 (2012): 224-241.
Cui, Jingbo; Lapan, Harvey E.; Moschini, GianCarlo; Cooper, Joseph, Welfare Impacts of Alternative Biofuel and Energy Policies, American Journal of Agricultural Economics Vol. 93 no. 5 (October 2011): 1235-1256. (WP #10016, June 2010)
Moschini, GianCarlo, Competition Issues in the Seed Industry and the Role of Intellectual Property, Choices Vol. 25 no. 2 (Second Quarter 2010) (WP #10015, June 2010)
Moschini, GianCarlo, Incentives and Outcomes in a Strategic Setting: The 3-Points-For-A-Win System in Soccer, Economic Inquiry Vol. 48 no. 1 (January 2010): 65-79. (WP #08021, June 2008)
Jayasinghe, Sampath J.D.Y.; Beghin, John C.; Moschini, GianCarlo, Determinants of World Demand for U.S. Corn Seeds: The Role of Trade Costs, American Journal of Agricultural Economics Vol. 92 no. 4 (2010): 999-1010.
Lapan, Harvey E.; Moschini, GianCarlo, Quality Certification Standards in Competitive Markets: When Consumers and Producers (Dis)Agree, Economics Letters Vol. 104 no. 3 (September 2009): 144-147.
Bulut, Harun; Moschini, GianCarlo, U.S. Universitiesﾒ Net Returns from Patenting and Licensing: A Quantile Regression Analysis, Economics of Innovation and New Technology Vol. 18 no. 2 (2009): 123-137. (CARD Working Paper #06-WP 432)
Moschini, GianCarlo; Menapace, Luisa; Pick, Daniel, Geographical Indications and the Competitive Provision of Quality in Agricultural Markets, American Journal of Agricultural Economics Vol. 90 (2008): 794-812.
Moschini, GianCarlo, Biotechnology and the Development of Food Markets: Retrospect and Prospects, European Review of Agricultural Economics Vol. 35 (2008): 331-355. (CARD Working Paper #08-WP 477)
Yerokhin, Oleg; Moschini, GianCarlo, Intellectual Property Rights and Crop-Improving R&D Under Adaptive Destruction, Environmental and Resource Economics Vol. 40 (2008): 53-72. (CARD Working Paper #07-WP 449)
Moschini, GianCarlo; Yerokhin, Oleg, Patents, Research Exemption, and the Incentive for Sequential Innovation, Journal of Economics & Management Strategy Vol. 17 (2008): 379-412. (WP #06019, January 2008)
Moschini, GianCarlo; Rizzi, Pier Luigi, Deriving a Flexible Mixed Demand System: The Normalized Quadratic Model, American Journal of Agricultural Economics Vol. 89 no. 4 (November 2007): 1034-1045.
Lapan, Harvey E.; Moschini, GianCarlo, Grading, Minimum Quality Standards, and the Labeling of Genetically Modified Products, American Journal of Agricultural Economics Vol. 89 (August 2007): 769-783. (WP #06012, March 2006)
Moschini, GianCarlo, Pharmaceutical and Industrial Traits in Genetically Modified Crops: Co-Existence with Conventional Agriculture, American Journal of Agricultural Economics Vol. 88 no. 5 (December 1 2006): 1184-1192. (CARD Working Paper #06-WP 429)
Noh, Yong-Hwan; Moschini, GianCarlo, Vertical Product Differentiation, Entry-Deterrence Strategies, and Entry Qualities, Review of Industrial Organization Vol. 29 (November 2006): 227-252. (CARD Working Paper #05-WP 403)
Gohin, Alexandre; Moschini, GianCarlo, Evaluating the Market and Welfare Impacts of Agricultural Policies in Developed Countries: Comparison of Partial and General Equilibrium Measures, Review of Agricultural Economics Vol. 28 no. 2 (Summer 2006): 195-211.
Hennessy, David A.; Moschini, GianCarlo, Regulatory Actions Under Adjustment Costs and the Resolution of Scientific Uncertainty, American Journal of Agricultural Economics Vol. 88 no. 2 (May 2006): 308-323.
Bulut, Harun; Moschini, GianCarlo, Patents, Trade Secrets and the Correlation Among R&D Projects, Economics Letters Vol. 91 no. 1 (April 2006): 131-137.
Moschini, GianCarlo; Bulut, Harun; Cembalo, Luigi, On the Segregation of Genetically Modified, Conventional, and Organic Products in European Agriculture: A Multi-Market Equilibrium Analysis, Journal of Agricultural Economics Vol. 56 (December 2005): 347-372. (CARD Working Paper #05-WP 411)
Sobolevsky, Andrei; Moschini, GianCarlo; Lapan, Harvey E., Genetically Modified Crop Innovations and Product Differentiation: Trade and Welfare Effects in the Soybean Complex, American Journal of Agricultural Economics Vol. 87 no. 3 (August 2005): 621-644.
Moschini, GianCarlo, Nash Equilibrium in Strictly Competitive Games: Live Play in Soccer, Economics Letters Vol. 85 no. 3 (December 2004): 365-371.
Lapan, Harvey E.; Moschini, GianCarlo, Innovation and Trade with Endogenous Market Failure: The Case of Genetically Modified Products, American Journal of Agricultural Economics Vol. 86 no. 3 (August 2004): 634-648.
Moschini, GianCarlo; Myers, Robert J., Testing for Constant Hedge Ratios in Commodity Markets: A Multivariate Garch Approach, Journal of Empirical Finance Vol. 9 no. 5 (December 2002): 589-603.
Moschini, GianCarlo, Flexible Multistage Demand System Based on Indirect Separability, A, Southern Economic Journal Vol. 68 (2001): 22-41.
Moschini, GianCarlo, Production Risk and the Estimation of Ex Ante Cost Functions, Journal of Econometrics Vol. 100 (2001): 357-380.
Moschini, GianCarlo, Biotech-Who Wins? Economic Benefits and Costs of Biotechnology Innovations in Agriculture, Estey Centre Journal of International Law and Trade policy Vol. 2 (2001): 93-117.
Lapan, Harvey E.; Moschini, GianCarlo, Incomplete Adoption of a Superior Innovation, Economica Vol. 67 no. #268 (November 2000): 525-542.
Moschini, GianCarlo; Lapan, Harvey E.; Sobolevsky, Andrei, Roundup Ready Soybeans and Welfare Effects in the Soybean Complex, Agribusiness Vol. 16 no. 1 (Winter 2000): 33-55.
Moschini, GianCarlo, Policy Reform in the European Union Dairy Sector--Effects on Markets and Welfare: Discussion, Canadian Journal of Agricultural Economics Vol. 47 no. 5 (December 1999): 115-116.
Moschini, GianCarlo, Imposing Local Curvature Conditions in Flexible Demand System, Journal of Business & Economic Statistics Vol. 17 (October 1999): 487-490.
Gervais, Jean-Philippe; Moschini, GianCarlo, Estimating Disequilibrium Cost Elasticities in Agricultural Production: Comment, Canadian Journal of Agricultural Economics Vol. 46 no. 3 (November 1998): 347-349.
Moschini, GianCarlo, Semiflexible Almost Ideal Demand System, The, European Economic Review Vol. 42 (1998): 349-364.
Moschini, GianCarlo; Lapan, Harvey E., Intellectual Property Rights and the Welfare Effects of Agricultural R & D, American Journal of Agricultural Economics Vol. 79 no. 4 (November 1997): 1229-1242.
Moschini, GianCarlo; Rizzi, P. L., La Struttura Dei Consumi Delle Famiglie in Italia, Rivista Internazionale di Scienze Sociali Vol. 4 (1997): 449-471.
Moschini, GianCarlo; Moro, D., Structural Change and Demand Analysis: A Cursory Review, European Review of Agricultural Economics Vol. 23 (1996): 239-261.
Lapan, Harvey E.; Moschini, GianCarlo, Stabilizing Price Policies and the Futures Market, Economics Letters No. 53 (1996): 175-182.
Moro, D.; Moschini, GianCarlo, Separable Almost Ideal Demand System, A, Rivista Internazionale di Scienze Economiche e Commerciali Vol. 43 (1996): 537-562.
Lapan, Harvey E.; Moschini, GianCarlo, Optimal Price Policy and the Futures Market, Economics Letters (1996): 175-182.
Moschini, GianCarlo; Lapan, Harvey E., Hedging Role of Options and Futures Under Joint Price, Basis and Production Risk, The, International Economic Review Vol. 36 no. 4 (November 1995): 1025-1049.
Moschini, GianCarlo, Units of Measurement and the 'Stone Index' In Demand System Estimation, American Journal of Agricultural Economics Vol. 77 no. 1 (February 1995): 63-68.
Moschini, GianCarlo; Sckokai, Paolo, Efficiency of Decoupled Farm Programs Under Distortionary Taxatioin, American Journal of Agricultural Economics Vol. 76 no. 3 (August 1994): 362-370.
Lapan, Harvey E.; Moschini, GianCarlo, Futures Hedging Under Price, Basis and Production Risk, American Journal of Agricultural Economics Vol. 76 no. 3 (August 1994): 465-477.
Moschini, GianCarlo; Moro, D.; Green, Richard D., Maintaining and Testing Separability in Demand Systems, American Journal of Agricultural Economics Vol. 76 no. 1 (February 1994): 61-73.
Moschini, GianCarlo; Moro, D., Autocorrelation Specification in Singular Equation Systems, Economics Letters Vol. 46 (1994): 303-309.
Moschini, GianCarlo; Sckokai, P., Interventi Disaccoppiati, Riforma Della Pac E Redditi Agricoli: Una Analisi Qualitativa, Rivista di Economia Agraria Vol. 48 (September 1993): 391-412.
Lapan, Harvey E.; Moschini, GianCarlo; Hanson, Steven D., Production Hedging and Speculative Decisions with Options and Future Markets: Reply, American Journal of Agricultural Economics Vol. 75 (August 1993): 748-750.
Moschini, GianCarlo; Vissa, A., Flexible Specification of Mixed Demand Systems, American Journal of Agricultural Economics Vol. 75 no. 1 (January 1993)
Moschini, GianCarlo; Meilke, Karl D., Production Subsidy and Countervailing Duties in Vertically Related Markets: The Hog-Pork Case Between Canada and the United States, American Journal of Agricultural Economics Vol. 74 no. 4 (November 1992): 951-961.
Moschini, GianCarlo; Lapan, Harvey E., Hedging Price Risk with Options and Futures for the Competitive Firm with Production Flexibility, International Economic Review Vol. 33 no. 3 (August 1992): 607-618.
Moschini, GianCarlo; Vissa, A., Linear Inverse Demand System, A, Journal of Agricultural and Resource Economics Vol. 17 (1992): 294-302.
Moschini, GianCarlo; Holt, Matthew, Alternative Measures of Risk in Commodity Supply Models: An Analysis of Sow Farrowing Decisions in the United States, Journal of Agricultural and Resource Economics Vol. 17 (1992)
Moschini, GianCarlo, Non-Nested Test of Separability for Flexible Functional Forms, A, Review of Economics and Statistics Vol. LXXIV (1992): 365-369.
Lapan, Harvey E.; Moschini, GianCarlo; Hanson, Steven D., Production Hedging and Speculative Decisions with Options and Future Markets, American Journal of Agricultural Economics Vol. 73 no. 1 (February 1991): 66-74.
Moschini, GianCarlo, Model of Production with Supply Management for the Canadian Agricultural Sector: Reply, A, American Journal of Agricultural Economics Vol. 70 (January 1991): 871-873.
Moschini, GianCarlo, Testing for Preference Change in Consumer Demand: An Indirectly Separable, Semiparametric Model, Journal of Business & Economic Statistics Vol. 9 (1991): 111-117.
Moschini, GianCarlo; Mehrkens, Joseph, Economic Issues in Tariffication: An Overview, Agricultural Economics Vol. 5 (1991): 101-120.
Moschini, GianCarlo; Mehrkens, Joseph, Tariffication with Supply Management: The Case of the U.S.-Canada Chicken Trade, Canadian Journal of Agricultural Economics Vol. 39 (1991): 55-68.
Moschini, GianCarlo, Nonparametric and Semiparametric Estimation: An Analysis of Multiproduct Returns to Scale, American Journal of Agricultural Economics Vol. 72 no. 3 (August 1990): 589-597.
Moschini, GianCarlo, Modeling the Supply Response of Supply Managed Industires: A Review of Issues, Canadian Journal of Agricultural Economics Vol. 72 (1990): 589-596.
Moschini, GianCarlo, Normal Inputs and Joint Production with Allocatable Fixed Factors, American Journal of Agricultural Economics Vol. 71 no. 4 (November 1989): 1021-1024.
Moschini, GianCarlo; Meilke, Karl D., Modeling the Pattern of Structural Change in U.S. Meat Demand, American Journal of Agricultural Economics Vol. 71 no. 2 (May 1989): 253-261.
Moschini, GianCarlo; Fox, G.; Oxley, J., Analysis of the Structural and Welfare Effects of Bovine Somatotropin on the Ontario Dairy Industry, An, Canadian Journal of Agricultural Economics Vol. 37 (1989): 393-406.
Moschini, GianCarlo, Model of Production with Supply Management for the Canadian Agricultural Sector, A, American Journal of Agricultural Economics Vol. 70 no. 2 (May 1988): 318-329.
Moschini, GianCarlo; Stengos, T.; Prescott, D., Nonparametric Kernel Estimation Applied to Forecasting: An Evaluation Based on the Bootstrap, Empirical Economics Vol. 13 (1988): 141-154.
Moschini, GianCarlo, Cost Structure of Ontario Dairy Farms: A Micro-Econometric Analysis, The, Canadian Journal of Agricultural Economics Vol. 36 (1988): 187-206.
Moschini, GianCarlo; Meilke, Karl D., Sustainable Rates of Return for Milk Quotas in Ontario, Canadian Journal of Agricultural Economics Vol. 36 (1988): 119-126.
Moschini, GianCarlo, Least-Cost Subsidization Alternatives: Comment, American Journal of Agricultural Economics Vol. 69 no. 1 (February 1987)
Moschini, GianCarlo; Meilke, Karl D., Parameter Stability and the U.S. Demand for Beef, Western Journal of Agricultural Economics Vol. 9 (1984): 271-282.
Moschini, GianCarlo; Surry, Y., Input Substitutability in the Ec Compound Feed Industry, European Review of Agricultural Economics Vol. 11 (1984): 455-464.
Moschini, GianCarlo, Quota Values and Price Uncertainty, Canadian Journal of Agricultural Economics Vol. 32 (1984): 231-234.
Moschini, GianCarlo, Funzione Di Profitto E Analisi Dell'Offerta, Rivista Internazionale di Scienze Sociali Vol. 91 (1983): 469-486.
Moschini, GianCarlo, La Teoria Della Stabilizzazione Dei Prezzi: Una Rassegna Critica, Rivista di Economia Agraria Vol. 38 (1983): 533-555.
Moschini, GianCarlo, Testing for Parameter Instability in Linear Econometric Models: A Survey, Annali della Facolta' di Agraria U.C.S.C. Vol. 22 (1982): 163-174.

Books and Book Chapters/Sections Authored or Co-authored

Moschini, GianCarlo; Yerokhin, Oleg, Economics Incentive to Innovate in Plants: Patents and Plant Breeders' Rights, The, Agricultural Biotechnology and Intellectual Property: Seeds of Change, Cambridge, Massachusetts, (2007)
Moschini, GianCarlo; Rizzi, P. L., Coherent Specification of a Mixed Demand System: The Stone-Geary Model, Exploring Frontiers in Applied Economics: Essays in honor of Stanley R. Johnson, (September 2006)
Moschini, GianCarlo; Lapan, Harvey E., Labeling Regulations and Segregation of First- And Second-Generation Genetically Modified Products: Innovation Incentives and Welfare Effects, Regulating Agricultural Biotechnology: Economics and Policy, New York, (2006) (CARD Working Paper #05-WP 391)
Moschini, GianCarlo, Intellectual Property Rights and the World Trade Organization: Retrospect and Prospects, Agricultural Policy Reform and the WTO: Where Are We Heading?, (2004) (CARD Working Paper #03-WP 334)
Moschini, GianCarlo, Patents and Other Intellectual Property Rights, Public Policy in Food and Agriculture, A. Azzam, Ed., Encyclopedia of Life Support Systems, Oxford, UK, (2003) (CARD Working Paper)
Langinier, Corinne; Moschini, GianCarlo, Economics of Patents: An Overview, The, Intellectual Property Rights and Patenting in Animal Breeding and Genetics, (2002) (CARD Working Paper #02-WP 293)
Moschini, GianCarlo; Hennessy, David A., Uncertainty, Risk Aversion, and Risk Management for Agricultural Producers, Handbook of Agricultural Economics, Amsterdam, No. Volume 1, Chapter 2 (2001): 88-153.
Moschini, GianCarlo; Lapan, Harvey E.; Sobolevsky, Andrei, Trading Technology As Well As Final Products: Roundup Ready Soybean and Welfare Effects in the Soybean Complex, Transitions in Agbiotech: Economics of Strategy and Policy, (2000)
Moschini, GianCarlo; Lapan, Harvey E., Intellectual Property Rights and the Welfare Effects of Agricultural R&D, Vertical Relationships and Coordination in the Food System, (1999)
Moschini, GianCarlo, U.S. Domestic Policy and U.S./E.C. Trade: Discussion, Agricultural Trade Conflicts and GATT-New Dimensions in North American-European Agricultural Trade Relations, (1994)