IMPACT VAN BIOTECHNOLOGIE IN EUROPA: DE EERSTE VIER JAAR BT MAIS ADOPTIE IN SPANJE

In the present paper we estimate the impact of a biotechnology innovation in Spanish agriculture. Transgenic Bt maize offers the potential to control corn borers, that cause economically important losses in Spanish maize cultivation, more efficiently. Since 1998, Syngenta commercializes the varieties ‘'Compa CB'’ and ‘'Jordi CB’', equivalent to an annual area of 20.000 ha, or an average adoption rate of 5,2% of Spain’'s total land allocation to maize. The profit increase engendered by this technological change during the four-year period 1998-2001 is estimated to be 8,7 million E for Spanish agriculture and 2,8 million E for Syngenta and the seed suppliers. The industry appears to be able to extract only one fourth of the total benefits. The lion share, i.e. three fourths, accrues to farmers.


Variant title:
Impact of Biotechnology in Europe: The First Four Years of Bt Maize Adoption in Spain
Issue Date:
2002
Publication Type:
Working or Discussion Paper
PURL Identifier:
http://purl.umn.edu/31842
Total Pages:
48
Series Statement:
Working Paper 63




 Record created 2017-04-01, last modified 2017-11-21

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