Modeling the impacts of adopting Bt cotton by African countries on world fiber and bioenergy crop markets
AbstractThe purpose of this study is to determine the impact on both the world cotton and cottonseed market from the policy reform of adopting genetically modified Bt cotton, which would increase yields in the C4 (Ghana, Chad, Burkina Fuso, Mali and Benin) African countries. The results show that with the adoption of Bt cotton in the C4 African countries, in the year 2022 the world price of cotton would decrease by 0.54%. The rest of the countries would respond to the lower prices by decreasing production and increasing use, so exports decrease, and imports increase. Therefore, one of the implications of the policy reform of adopting Bt cotton production by the C4 African countries, is an increase in their domestic cotton production by around 4.72%, which may increase farm income and strengthen foreign exchange in the cotton sector for those countries, and might contribute in the reduction of poverty. Also, additional availability of bioenergy feedstock derived from cottonseed oil can be either used for biodiesel to extend local energy supply or to be exported to areas in which the demand for biofuels is large, such as the US and EU.
Download InfoIf you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.
Bibliographic InfoPaper provided by Agricultural and Applied Economics Association in its series 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. with number 149828.
Date of creation: 04 Aug 2013
Date of revision:
Contact details of provider:
Postal: 555 East Wells Street, Suite 1100, Milwaukee, Wisconsin 53202
Phone: (414) 918-3190
Fax: (414) 276-3349
Web page: http://www.aaea.org
More information through EDIRC
Bt Cotton; FAPRI/CARD Model; West African Cotton Producing Countries; Policy Implication; Agribusiness; Agricultural and Food Policy; Demand and Price Analysis; International Development; International Relations/Trade; C30; F17; O11;
Find related papers by JEL classification:
- C30 - Mathematical and Quantitative Methods - - Multiple or Simultaneous Equation Models; Multiple Variables - - - General
- F17 - International Economics - - Trade - - - Trade Forecasting and Simulation
- O11 - Economic Development, Technological Change, and Growth - - Economic Development - - - Macroeconomic Analyses of Economic Development
This paper has been announced in the following NEP Reports:
You can help add them by filling out this form.
reading list or among the top items on IDEAS.Access and download statisticsgeneral information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (AgEcon Search).
If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.
If references are entirely missing, you can add them using this form.
If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.
If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.
Please note that corrections may take a couple of weeks to filter through the various RePEc services.