Datum: 20.6.2008
In the case of Bt maize, we use ex post survey data for the Czech Republic and develop a damage abatement model with a stochastic pest population for hungary. In the case of HT crops, our model explicitly incorporates farmer heterogeneity with regard to herbicide expenditures, enabling modelling demand for innovated seed and estimating farmer surplus. During the period 2003-2005, grain maize, sugar beet and oilseed rape were planted on an average area of respectively 1.2 million ha, 58,000 ha and 94,000 ha in Hungary and 91,000 ha, 71,000 ha and 260,000 ha in the Czech Republic. The total value of transgenic varieties for these crops is estimated at €81 million for both countries, of which €59 million (72%) accrues to farmers and €22 million (28%) to the gene developers and the seed industry. This is in line with the literature on benefit sharing of biotechnology innovations in the world.
The whole article: http://www.biw.kuleuven.be/aee/clo/wp/demont2007a.pdf
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