Revisiting the Impact of Bt Corn Adoption by U.S. Farmers

Jorge Fernandez-Cornejo and Seth James Wechsler

Agricultural and Resource Economics Review, 2012, vol. 41, issue 3, 14

Abstract: This study examines the impact of adopting Bt corn on farm profits, yields, and insecticide use. The study employs an econometric model that corrects for self-selection and simultaneity. The model is estimated using nationwide farm-level survey data for 2005. Regression analysis confirms that Bt adoption is associated with increased variable profits, yields, and seed demand. However, the results of this analysis suggest that Bt adoption is not significantly related to insecticide use. This result may be due to the fact that insect infestation levels were lower in 2005 than they were in previous years.

Keywords: Farm Management; Production Economics (search for similar items in EconPapers)
Date: 2012
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Citations: View citations in EconPapers (16)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:arerjl:141671

DOI: 10.22004/ag.econ.141671

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