Cheaper GM Seeds Could Boost Adoption, Farm Benefits and Company Profits: The Case of Bt Cotton in A
Qaim, Matin, and Alain de Janvry. 2004. “Cheaper GM Seeds Could Boost Adoption, Farm Benefits and Company Profits: The Case of Bt Cotton in Argentina”. Crop Biotech Brief 4(1): 1-4.
This article analyzes adoption and impacts of Bt cotton in Argentina against the background of monopoly pricing. Based on survey data, it is shown that the technology significantly reduces insecticide applications and increases yields; however, these advantages are curbed by the high price charged for genetically modified (GM) seeds. Studies show that farmers’ average willingness to pay is less than half the actual technology price. A lower price would not only increase benefits for growers, but could also multiply company profits.
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