Michele C. Marra
Professor, Department of Agricultural and Resource Economics, North Carolina State University
Philip G. Pardey
Professor, Department of Applied Economics, University of Minnesota
Julian M. Alston
Professor, Department of Agricultural and Resource Economics, University of California, Davis
The purpose of this study is to compile and characterize the farm-level evidence of the impacts of transgenic field crops available in the public domain and to determine if any general implications can be drawn from it. The studies show that, compared to their conventional counterparts, transgenic crops have consistently higher average profit and, for the most part, lower pesticide use.
Key words: Biotechnology, economic benefits, farm-level impacts, field crops, transgenic.