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GTAP Resource #2424

"Global Adoption Of Agricultural Biotechnology: Economic And Land Use Implications"
by Fernandez-Cornejo, Jorge, Ruben Lubowski and Agapi Somwaru

This paper analyzes the economic and land-use implications of world trends in the adoption of agricultural biotechnology. The potential economic and environmental impacts of the development and adoption of new agricultural biotechnologies are critical issues for global economic development and ecological sustainability. Driven by farmers' expectations of higher yields, savings in management time, and lower pesticide costs, the global adoption of genetically engineered (GE) corn, soybeans, and cotton crop varieties has increased rapidly over the past ten years. At present, only a few countries account for most of the GE acreage. U.S. acreage accounts for about 55 percent, followed by Argentina (19 percent), Brazil (10 percent), Canada (6 percent), China (4 percent), Paraguay (2 percent), and India (more than 1 percent). If biotechnology adoption continues to spread in these countries as well as to others, what are the economic and natural resource implications? This study provides the first examination of these issues in an integrated economic and biophysical framework. To examine these issues, the Economic Research Service (ERS) of the U.S. Department of Agriculture has updated and refined the Future Agricultural Resources Model (FARM) II. FARM II is an integrated modeling framework specifically designed for analyzing global changes related to long-run agricultural and environmental sustainability.

Resource Details (Export Citation) GTAP Keywords
Category: 2007 Conference Paper
Status: Published
By/In: Presented at the 10th Annual Conference on Global Economic Analysis, Purdue University, USA
Date: 2007
Created: Lubowski, R. (4/16/2007)
Updated: Lubowski, R. (5/31/2007)
Visits: 2,909
No keywords have been specified.

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