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

Jorge Fernandez-Cornejo and Seth James Wechsler

No 103327, 2011 Annual Meeting, July 24-26, 2011, Pittsburgh, Pennsylvania from Agricultural and Applied Economics Association

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 profits, yields and seeding rates. However, the results of this analysis suggest that Bt adoption is not significantly related to insecticide use. This result appears to be related to the fact that insect infestation levels were lower in 2005 than they were in earlier years.

Keywords: Production Economics; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 29
Date: 2011-07
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea11:103327

DOI: 10.22004/ag.econ.103327

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