The Impacts of Adopting Genetically Engineered Crops in the USA: The Case of Bt Corn

Jorge Fernandez-Cornejo and Jiayi Li

No 19318, 2005 Annual meeting, July 24-27, Providence, RI from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: This paper develops an econometric model to analyze the onfarm impact of adoption of genetically engineered (GE) crops on pesticide use and yields after controlling for other factors. The model, which corrects for self-selection and simultaneity and is consistent with profit maximization, is used to estimate the relationship between Bt corn adoption and insecticide use and yields using data from a nationwide farm survey carried out in 2001. Statistically significant econometric results, controlling for other factors, show a moderate insecticide reduction and a small yield increase associated with adoption of Bt corn relative to using conventional corn varieties in 2001.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Pages: 26
Date: 2005
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Citations: View citations in EconPapers (11)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea05:19318

DOI: 10.22004/ag.econ.19318

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