Size and Distribution of Market Benefits From Adopting Biotech Crops
- by Gregory K. Price, William Lin, José B. Falck-Zepeda and Jorge Fernandez-Cornejo
- 11/3/2003
Overview
This study estimates the size and distribution of benefits from adopting Bacillus thuringiensis (Bt) cotton, herbicide-tolerant cotton, and herbicide-tolerant soybeans in 1997. The stakeholders considered are U.S. farmers, U.S. consumers, biotechnology developers, germplasm suppliers, and producers and consumers in the rest of the world.
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Report Summary
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Full Report
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Abstract, Acknowledgments, Contents
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Summary
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Introduction
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Previous Related Studies
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Theoretical Framework
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Farm-Level Effects on Crop Yields and Pest Control Costs
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Estimating the Size and Distribution of Market Benefits
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Sensitivity Analysis
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Conclusions
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References
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Appendix A: Empirical Model for Measuring the Changes in Economic Surpluses
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Appendix B: Differences in Estimated Surplus Changes for Herbicide-Tolerant Soybeans Due to Different Analytical Frameworks
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