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Honey Bee Pollination Markets and the Internalization of Reciprocal Benefits
Author(s) -
Rucker Randal R.,
Thurman Walter N.,
Burgett Michael
Publication year - 2012
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.1093/ajae/aas031
Subject(s) - pollination , beekeeping , ecosystem services , business , pollinator , honey bee , reciprocal , economics , biology , ecology , ecosystem , pollen , linguistics , philosophy
The world's most extensive markets for pollination services are those for honey bee pollination in the United States. These markets play important roles in coordinating the behavior of migratory beekeepers, who both produce honey and provide substitutes for ecosystem pollination services. We analyze the economic forces that drive migratory beekeeping and theoretically and empirically analyze the determinants of pollination fees in a larger and richer data set than has been studied before. Our empirical results expand our understanding of pollination markets and market‐supporting institutions that internalize external effects.