2003
DOI: 10.1016/s0169-5150(02)00100-7
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Genetic improvements in major US crops: the size and distribution of benefits

Abstract: The distribution of welfare gains of genetic improvements in major US crops is estimated using a world agricultural trade model. Multi-market welfare estimates were 75% larger than estimates based on the pnce-exogenous 'change in revenue' method frequently used by plant breeders. Annual benefits of these genetic improvements range from US$400-600 million depending on the supply shift specification. Of this, 4440% accrues to the US, 2634% accrues to other developed countries. Developing and transitional economi… Show more

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Cited by 8 publications
(3 citation statements)
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“…They note that Bt adopters not only use less insecticide, but also use proportionally less of the predominant type of cotton pesticide, thereby reducing resistance to those pesticides. Frisvold et al (2003) show that adoption of Bt cotton has reduced pesticide applications in cotton by 60 percent, though the yield effects are on average small (below 10 percent). Falck-Zepeda et al (2000) examine the yield-increasing and pesticide-reducing benefits associated with adoption of Bt cotton in the United States and find that U.S. farmers benefit the most, receiving about 59 percent of the estimated $240 million in benefits per year.…”
Section: Agricultural Biotechnologymentioning
confidence: 99%
“…They note that Bt adopters not only use less insecticide, but also use proportionally less of the predominant type of cotton pesticide, thereby reducing resistance to those pesticides. Frisvold et al (2003) show that adoption of Bt cotton has reduced pesticide applications in cotton by 60 percent, though the yield effects are on average small (below 10 percent). Falck-Zepeda et al (2000) examine the yield-increasing and pesticide-reducing benefits associated with adoption of Bt cotton in the United States and find that U.S. farmers benefit the most, receiving about 59 percent of the estimated $240 million in benefits per year.…”
Section: Agricultural Biotechnologymentioning
confidence: 99%
“…For example, Pimentel et al (1997) estimated that the introduction of new genes and genetic modifications through crossing with wild relatives contributes approximately $20 billion yr −1 in increased crop yields to the United States and an estimated $115 billion yr −1 worldwide. Studies on economic values of crop genetic resources also demonstrated the option values of conserving genetic resources as a societal insurance against crop failure or other unanticipated risks (Simpson and Sedjo, 1998; Frisvold et al, 2003; Simpson, 2005; Foltz, 2009). Without sufficient public investment to secure germplasm conservation for enhanced diversification in plant breeding, future history will likely repeat the 1970 to 1971 economic loss of $1 billion dollars (or current value of $3.8 billion) alone from the southern leaf corn blight epidemics (Harlan, 1972; Ullstrup, 1972).…”
Section: Analysis Of Critical Issues In Genebanksmentioning
confidence: 99%
“…Nonetheless, economists have sought to estimate some of the benefits of crop genetic resources. Numerous studies have demonstrated the substantial benefits of genetic enhancement in commercial agriculture (e.g., Thirtle, 1985;Byerlee and Traxler, 1995;Pardey et al, 1996;Frisvold et al, 2003), but the methods applied do not dissociate the value of the research effort from the value of genetic resources. By invoking additional assumptions, it is possible to estimate the current and ex-pected future benefits from direct use of an accession, such as a breeding line, as a progenitor in the research effort.…”
Section: Economic Value Of Plant Genetic Resources Conserved In Genebmentioning
confidence: 99%