Persistent Link:
http://hdl.handle.net/10150/197451
Title:
Economic Impacts of Bt Cotton Adoption: A National and Regional Assessment
Author:
Frizvold, George; Tronstad, Russell; Mortensen, Jorgen
Issue Date:
2000
Publisher:
College of Agriculture, University of Arizona (Tucson, AZ)
Journal:
Cotton: A College of Agriculture Report
Abstract:
This study uses a quadratic programming model to estimate impacts of Bt cotton adoption on consumer benefits, cotton program outlays, and producer returns, by state and by grower adoption status. Three scenarios were considered simulating low, moderate, and high impacts of Bt cotton adoption. For the moderate impact scenario, U.S. benefits from Bt cotton adoption grew from $44 million in 1996 to $66 million in 1998. Annual U.S. consumer benefits ranged from $46– $55 million. Benefits to Bt adopters grew from $57 million in 1996 to $97 million in 1998. Losses to non-adopters fell from -$59 million in 1996 to -$8 million in 1998 as rising commodity program payments countered the impact of lower prices. In 1998, gains to Arizona Bt cotton adopters (net of adoption costs) were about $9 million, averaging over $15,000 per adopting farm.
Keywords:
Agriculture -- Arizona; Cotton -- Arizona; Economics
Series/Report no.:
AZ1170

Full metadata record

DC FieldValue Language
dc.titleEconomic Impacts of Bt Cotton Adoption: A National and Regional Assessmenten_US
dc.contributor.authorFrizvold, Georgeen_US
dc.contributor.authorTronstad, Russellen_US
dc.contributor.authorMortensen, Jorgenen_US
dc.date.issued2000-
dc.publisherCollege of Agriculture, University of Arizona (Tucson, AZ)en_US
dc.identifier.journalCotton: A College of Agriculture Reporten_US
dc.description.abstractThis study uses a quadratic programming model to estimate impacts of Bt cotton adoption on consumer benefits, cotton program outlays, and producer returns, by state and by grower adoption status. Three scenarios were considered simulating low, moderate, and high impacts of Bt cotton adoption. For the moderate impact scenario, U.S. benefits from Bt cotton adoption grew from $44 million in 1996 to $66 million in 1998. Annual U.S. consumer benefits ranged from $46– $55 million. Benefits to Bt adopters grew from $57 million in 1996 to $97 million in 1998. Losses to non-adopters fell from -$59 million in 1996 to -$8 million in 1998 as rising commodity program payments countered the impact of lower prices. In 1998, gains to Arizona Bt cotton adopters (net of adoption costs) were about $9 million, averaging over $15,000 per adopting farm.en_US
dc.subjectAgriculture -- Arizonaen_US
dc.subjectCotton -- Arizonaen_US
dc.subjectEconomicsen_US
dc.identifier.urihttp://hdl.handle.net/10150/197451-
dc.relation.ispartofseriesAZ1170en_US
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