Economic Themes (2011) 49 (2) 7, 251-261
Tatjana Papić-Brankov, Koviljko Lovre
Abstract: Genetically Modified (GM) plants have been grown on significant areas since 1996. This article considers the distribution of global impact (gain) realized through growing of the first generation of GM crops. Economic research starts with proofs that GM plants can generate the gain at the farm level if the serious production problems are solved and farmers have free access to the new technologies. Independently of the differences in evaluation of values and distribution of economic benefit, one third of global gain in average (37%) belongs to the innovators (gen creators and seed distributors) while two thirds (63%) belong to farmers and small consumers.
Keywords: GM; biotechnology; gain; farm
GENETICALLY MODIFIED PLANTS AS A FACTOR OF GAIN GROWTH AT THE FARM LEVEL
Tatjana Papić-Brankov, Koviljko Lovre
Abstract: Genetically Modified (GM) plants have been grown on significant areas since 1996. This article considers the distribution of global impact (gain) realized through growing of the first generation of GM crops. Economic research starts with proofs that GM plants can generate the gain at the farm level if the serious production problems are solved and farmers have free access to the new technologies. Independently of the differences in evaluation of values and distribution of economic benefit, one third of global gain in average (37%) belongs to the innovators (gen creators and seed distributors) while two thirds (63%) belong to farmers and small consumers.
Keywords: GM; biotechnology; gain; farm
