While the population of the world is continually growing, there are doubts that the food supply will be sufficient to keep pace. Although 14% of the world is undernourished today, an exponentially increasing population could be catastrophic if agricultural production lags too far behind. This paper attempts to forecast agricultural yield given the recent advent of genetically modified crops as a means to see whether this technology has the potential to help supply the world with food in the future. Through regression, a model was developed to make predictions of corn yields as a case study on how biotechnology might affect future agricultural production.
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Paper provided by University of Georgia, Department of Agricultural and Applied Economics in its series Faculty Series with number
45613.