CRISPR Rice vs conventional rice dilemma of a Chinese farmer

Yan Jin and Dusan Drabik

Australian Journal of Agricultural and Resource Economics, 2022, vol. 66, issue 02

Abstract: Clustered Regularly Interspaced Short Palindromic Repeats (CRISPR) technology for rice, which makes rice resistant to its two most destructive insect pests, is an alternative to insect-resistant genetically modified (GM) rice. We advance an economic framework to determine ex ante the planting share of CRISPR rice in China under uncertainty about pest severity and analyse its most significant factors. Using our baseline data and an assumption that yields of CRISPR rice are 10 per cent lower than conventional rice, we estimate the planting share of CRISPR rice to be 37.9 per cent. The mean of the annual benefit of growing CRISPR rice and conventional rice together over conventional rice alone is 2.32 billion US dollars.

Keywords: Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Date: 2022
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/343003/files/C ... Chinese%20farmer.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aareaj:343003

DOI: 10.22004/ag.econ.343003

Access Statistics for this article

More articles in Australian Journal of Agricultural and Resource Economics from Australian Agricultural and Resource Economics Society Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().