@article{Dofonsou:9817, recid = {9817}, author = {Dofonsou, Sika Gbegbelegbe and Lowenberg-DeBoer, James and Adeoti, Razack and Coulibaly, Ousmane and Lusk, Jayson L.}, title = {Ex Ante Economic Impact of Genetically Modified (GM) Cowpea in Benin}, address = {2007}, number = {381-2016-22168}, series = {Selected Paper 174903}, pages = {32}, year = {2007}, abstract = {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.}, url = {http://ageconsearch.umn.edu/record/9817}, doi = {https://doi.org/10.22004/ag.econ.9817}, }