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Ex Ante Economic Impact of Genetically Modified (GM) Cowpea in Benin

Author

Listed:
  • Dofonsou, Sika Gbegbelegbe
  • Lowenberg-DeBoer, James
  • Adeoti, Razack
  • Coulibaly, Ousmane
  • Lusk, Jayson L.

Abstract

The net impact of pest-resistant GM crops on the welfare of both producers and consumers in developing countries is currently unknown and subject to speculation. This study uses choice-based conjoint protocol to estimate the net impact of pest-resistant Genetically Modified (GM) cowpea on net social welfare in Benin given price and income risks. Results imply that Bt cowpea will increase expected net social welfare by about $US 50 million per year in Benin given no inefficiencies in the seed sector. If inefficiencies in the seed sector are such that cowpea growers can access Bt cowpea seeds only 50% of the time, net benefits from Bt cowpea drop to about $US 11 million per year.

Suggested Citation

  • Dofonsou, Sika Gbegbelegbe & Lowenberg-DeBoer, James & Adeoti, Razack & Coulibaly, Ousmane & Lusk, Jayson L., 2007. "Ex Ante Economic Impact of Genetically Modified (GM) Cowpea in Benin," 2007 Annual Meeting, July 29-August 1, 2007, Portland, Oregon TN 9817, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
  • Handle: RePEc:ags:aaea07:9817
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    File URL: http://purl.umn.edu/9817
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    Keywords

    Crop Production/Industries;

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