The Economics of Genetically Modified Crops

• Published in: Annual review of resource economics Vol. 1; no. 1; pp. 665 - 694
• Main Author: Qaim, Matin
• Format: Journal Article
• Language: English
• Published: Annual Reviews 01.01.2009
• Series: Annual Review of Resource Economics
• Subjects: agricultural biotechnology; consumer acceptance; impacts; regulation; technology adoption

Genetically modified (GM) crops have been used commercially for more than 10 years. Available impact studies of insect-resistant and herbicide-tolerant crops show that these technologies are beneficial to farmers and consumers, producing large aggregate welfare gains as well as positive effects for...