Ex Ante Economic Impact of Genetically Modified (GM) Cowpea in Benin

The net impact of pest-resistant GM crops on the welfare of both producers and consumers in developing countries is currently unknown and subject to speculation. This study uses choice-based conjoint protocol to estimate the net impact of pest-resistant Genetically Modified (GM) cowpea on net social welfare in Benin given price and income risks. Results imply that Bt cowpea will increase expected net social welfare by about $US 50 million per year in Benin given no inefficiencies in the seed sector. If inefficiencies in the seed sector are such that cowpea growers can access Bt cowpea seeds only 50% of the time, net benefits from Bt cowpea drop to about $US 11 million per year.


Issue Date:
2007
Publication Type:
Conference Paper/ Presentation
PURL Identifier:
http://purl.umn.edu/9817
Total Pages:
32
Series Statement:
Selected Paper 174903




 Record created 2017-04-01, last modified 2017-08-23

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