Economics, Econometrics and Finance
8 years ago

High prices for Bt cotton seeds hinder farmers' adoption in Argentina.

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American Journal of Agricultural Economics
Genetically Modified Crops, Corporate Pricing Strategies, and Farmers' Adoption: The Case of Bt Cotton in Argentina
Matin Qaim, Alain de Janvry

Paper Summary

Genetically modified Bt cotton in Argentina reduces insecticide use and boosts yields, but the high seed prices limit its benefits for farmers. Farmers are willing to pay less than the actual price for the technology. Lowering the price could benefit both farmers and companies, leading to better outcomes for everyone.

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