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Impacts of the Adoption of Genetically Engineered Crops on Farm Financial Performance

Published online by Cambridge University Press:  28 April 2015

William D. McBride  and
Hisham S. El-Osta
William D. McBride
Affiliation:
USDA, Economic Research Service, Washington, D.C.
Hisham S. El-Osta
Affiliation:
USDA, Economic Research Service, Washington, D.C.
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Abstract

The rapid adoption of genetically engineered (GE) crops by U.S. farmers suggests that these technologies have been perceived to improve farm financial performance. This study develops and applies an econometric model to data from corn and soybean producers in order to evaluate the financial impacts of the adoption of GE crops. Results indicate that the adoption of GE crops has had a limited impact on financial performance that varies by crop, type of technology, type of farm, and region of the nation. Factors other than the financial impacts appear to be important reasons for the rapid adoption of GE crops.

Keywords

Btcornfarm financial performancegenetically engineered cropsherbicide-tolerantsoybeanstechnology adoption
Type
Original Articles
Information
Journal of Agricultural and Applied Economics , Volume 34 , Issue 1 , April 2002 , pp. 175 - 191
Copyright
Copyright © Southern Agricultural Economics Association 2002

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