Refining opportunity cost estimates of not adopting GM cotton: An application in seven Sub-Saharan African countries

A computable general equilibrium model is applied to evaluate the opportunity costs of not adopting Bt cotton, a genetically‐modified (GM) insect resistant cotton, in Benin, Burkina‐Faso, Mali, Senegal, Togo, Tanzania, and Uganda when it is adopted in other countries. Our model uniquely employs coun...

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Detalles Bibliográficos
Autores principales: Bouët, Antoine, Gruère, Guillaume P.
Formato: Journal Article
Lenguaje:Inglés
Publicado: Wiley 2011
Materias:
Acceso en línea:https://hdl.handle.net/10568/154851
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author Bouët, Antoine
Gruère, Guillaume P.
author_browse Bouët, Antoine
Gruère, Guillaume P.
author_facet Bouët, Antoine
Gruère, Guillaume P.
author_sort Bouët, Antoine
collection Repository of Agricultural Research Outputs (CGSpace)
description A computable general equilibrium model is applied to evaluate the opportunity costs of not adopting Bt cotton, a genetically‐modified (GM) insect resistant cotton, in Benin, Burkina‐Faso, Mali, Senegal, Togo, Tanzania, and Uganda when it is adopted in other countries. Our model uniquely employs country‐specific partial adoption rates and factor‐biased productivity shocks in the cotton and oilseed sectors of all adopting regions. Assuming a 50% adoption rate, the opportunity cost of not adopting Bt cotton in the seven surveyed countries amounts to $41 million per year, which is a significant but lower cost than that suggested by the results of previous studies. Trade liberalization only marginally increases this estimate.
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spelling CGSpace1548512024-11-15T08:52:28Z Refining opportunity cost estimates of not adopting GM cotton: An application in seven Sub-Saharan African countries Bouët, Antoine Gruère, Guillaume P. biotechnology international trade cotton A computable general equilibrium model is applied to evaluate the opportunity costs of not adopting Bt cotton, a genetically‐modified (GM) insect resistant cotton, in Benin, Burkina‐Faso, Mali, Senegal, Togo, Tanzania, and Uganda when it is adopted in other countries. Our model uniquely employs country‐specific partial adoption rates and factor‐biased productivity shocks in the cotton and oilseed sectors of all adopting regions. Assuming a 50% adoption rate, the opportunity cost of not adopting Bt cotton in the seven surveyed countries amounts to $41 million per year, which is a significant but lower cost than that suggested by the results of previous studies. Trade liberalization only marginally increases this estimate. 2011-06 2024-10-01T14:04:20Z 2024-10-01T14:04:20Z Journal Article https://hdl.handle.net/10568/154851 en Limited Access Wiley Bouët, Antoine; Gruère, Guillaume P. 2011. Refining opportunity cost estimates of not adopting GM cotton: An application in seven Sub-Saharan African countries. Applied Economic Perspectives and Policy 33(2): 260-279. https://doi.org/10.1093/aepp/ppr010
spellingShingle biotechnology
international trade
cotton
Bouët, Antoine
Gruère, Guillaume P.
Refining opportunity cost estimates of not adopting GM cotton: An application in seven Sub-Saharan African countries
title Refining opportunity cost estimates of not adopting GM cotton: An application in seven Sub-Saharan African countries
title_full Refining opportunity cost estimates of not adopting GM cotton: An application in seven Sub-Saharan African countries
title_fullStr Refining opportunity cost estimates of not adopting GM cotton: An application in seven Sub-Saharan African countries
title_full_unstemmed Refining opportunity cost estimates of not adopting GM cotton: An application in seven Sub-Saharan African countries
title_short Refining opportunity cost estimates of not adopting GM cotton: An application in seven Sub-Saharan African countries
title_sort refining opportunity cost estimates of not adopting gm cotton an application in seven sub saharan african countries
topic biotechnology
international trade
cotton
url https://hdl.handle.net/10568/154851
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