Biotechnology and Economic Development: The Economic Benefits of Maize Streak Virus Tolerant Maize in Kenya
Monica Lopez Andreu,
Hikaru Peterson,
Orlen C. Grunewald and
David W. Norman
No 35271, 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida from Southern Agricultural Economics Association
Abstract:
For countries that could not benefit from the Green Revolution due to heterogeneous and unfavorable biophysical environments, agricultural biotechnology potentially provides a means of improving the quality and quantity of agricultural production. This paper analyses some of the major issues relating to the utilization of biotechnology in Kenya. A partial equilibrium trade model is applied to Kenya's corn market to study the potential of genetically modified maize that is tolerant to the Maize Streak Virus. The model accounts for home production and consumption; the positive results of the welfare estimation are disaggregated between consumers, large and small Kenyan corn farms.
Keywords: Community/Rural/Urban Development; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 30
Date: 2006
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Citations: View citations in EconPapers (2)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saeaso:35271
DOI: 10.22004/ag.econ.35271
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