Revisiting the Impact of Bt Corn Adoption by U.S. Farmers
This study examines the impact of adopting Bt corn on farm profits, yields, and insecticide use. The study employs an econometric model that corrects for self-selection and simultaneity. The model is estimated using nationwide farm-level survey data for 2005. Regression analysis confirms that Bt adoption is associated with increased profits, yields and seeding rates. However, the results of this analysis suggest that Bt adoption is not significantly related to insecticide use. This result appears to be related to the fact that insect infestation levels were lower in 2005 than they were in earlier years.
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- William D. McBride & Nora Books, 2000. "Survey evidence on producer use and costs of genetically modified seed," Agribusiness, John Wiley & Sons, Ltd., vol. 16(1), pages 6-20.
- McBride, William D. & Books, Nora, 2000. "Survey Evidence On Producer Use And Costs Of Genetically Modified Seed," Proceedings:Transitions in Agbiotech: Economics of Strategy and Policy, June 24-25, 1999, Washington, D.C. 26009, Regional Research Project NE-165 Private Strategies, Public Policies, and Food System Performance.
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