English, Article edition: "Ex ante" analysis of the benefits of transgenic drought tolerance research on cereal crops in low-income countries Genti Kostandini; Bradford F. Mills; Steven Were Omamo; ...

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Bookmark: http://trove.nla.gov.au/version/155861
Physical Description
  • article
Language
  • English

Edition details

Title
  • "Ex ante" analysis of the benefits of transgenic drought tolerance research on cereal crops in low-income countries
Author
  • Genti Kostandini
  • Bradford F. Mills
  • Steven Were Omamo
  • Stanley Wood
Physical Description
  • article
Notes
  • This article develops a framework to examine the "ex ante" benefits of transgenic research on drought in eight low-income countries, including the benefits to producers and consumers from farm income stabilization and the potential magnitude of private sector profits from intellectual property rights (IPRs). The framework employs country-specific agroecological-drought risk zones and considers both yield increases and yield variance reductions when estimating producer and consumer benefits from research. Benefits from yield variance reductions are shown to be an important component of aggregate drought research benefits, representing 40% of total benefits across the eight countries. Further, estimated annual benefits of US$178 million to the private sector suggest that significant incentives exist for participation in transgenic drought tolerance research. Copyright (c) 2009 International Association of Agricultural Economists.
  • RePEc:bla:agecon:v:40:y:2009:i:4:p:477-492
Language
  • English
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