Cotton, Biotechnology, and Economic Development

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dc.creatorBaffes, John
dc.date2012-03-19T18:06:25Z
dc.date2012-03-19T18:06:25Z
dc.date2011-12-01
dc.date.accessioned2026-07-01T00:54:44Z
dc.descriptionDuring the past decade, cotton prices remained considerably below other agricultural prices (although they recovered toward the end of 2010). Yet, between 2000-04 and 2005-09 world cotton production increased 13 percent. This paper conjectures that biotechnology-induced productivity improvements increased supplies by China and India, which, in addition to keeping cotton prices low, aided these countries to cap-ture market share from (and cause losses to) non-users of biotechnology. By contrast, with a single exception, Africa has not adopted biotechnology and, not coincidentally, its cotton output declined by more than 20 percent between the first and second half of the past decade. The paper concludes that the development implications of biotechnology go beyond cotton and Africa. High energy prices have been an important driver of the recent commodity price boom. Therefore, investment and policy strategy responses to a cost-driven boom should be consistent with cost-saving alternatives. Biotechnology clearly meets this challenge.
dc.formatapplication/pdf
dc.formattext/plain
dc.identifierhttp://www-wds.worldbank.org/external/default/main?menuPK=64187510&pagePK=64193027&piPK=64187937&theSitePK=523679&menuPK=64187510&searchMenuPK=64187283&siteName=WDS&entityID=000158349_20111205112253
dc.identifierhttps://hdl.handle.net/10986/3663
dc.identifier10.1596/1813-9450-5896
dc.identifier.urihttp://hdl.handle.net/123456789/412840
dc.languageEnglish
dc.relationPolicy Research working paper ; no. WPS 5896
dc.rightsCC BY 3.0 IGO
dc.rightshttp://creativecommons.org/licenses/by/3.0/igo/
dc.rightsWorld Bank
dc.subjectAGRICULTURAL COMMODITIES
dc.subjectAGRICULTURAL CROPS
dc.subjectAGRICULTURAL PRICE
dc.subjectAGRICULTURAL PRICES
dc.subjectAGRICULTURAL PRODUCTION
dc.subjectANIMAL FEED
dc.subjectBIOSAFETY
dc.subjectBIOTECHNOLOGY
dc.subjectBY-PRODUCTS
dc.subjectCARTEL
dc.subjectCOCOA
dc.subjectCOLLATERAL
dc.subjectCOMMODITY
dc.subjectCOMMODITY PRICE
dc.subjectCOMMODITY PRICES
dc.subjectCONSUMERS
dc.subjectCOST REDUCTION
dc.subjectCOTTON
dc.subjectCOTTON GROWING
dc.subjectCOTTON PRICE
dc.subjectCOTTON PRICES
dc.subjectCOTTON PRODUCTION
dc.subjectCOTTON SECTOR
dc.subjectCOTTON YIELDS
dc.subjectCOVARIANCE MATRIX
dc.subjectCROP
dc.subjectCROPS
dc.subjectDEVELOPING COUNTRIES
dc.subjectDEVELOPING ECONOMIES
dc.subjectDEVELOPMENT ASSISTANCE
dc.subjectDEVELOPMENT ECONOMICS
dc.subjectDEVELOPMENT POLICY
dc.subjectECONOMETRICS
dc.subjectECONOMIC DEVELOPMENT
dc.subjectECONOMIC EFFECTS
dc.subjectELASTICITY
dc.subjectELECTRICITY
dc.subjectENERGY PRICE
dc.subjectENERGY PRICES
dc.subjectENVIRONMENTAL CONSIDERATIONS
dc.subjectEQUIPMENT
dc.subjectEXPENDITURES
dc.subjectEXPORTS
dc.subjectFAIR
dc.subjectFAIR TRADE
dc.subjectFAO
dc.subjectFARM
dc.subjectFARMER
dc.subjectFARMERS
dc.subjectFARMS
dc.subjectFERTILIZERS
dc.subjectFIBERS
dc.subjectFINANCIAL INSTITUTIONS
dc.subjectFOOD PRICE
dc.subjectGENERAL EQUILIBRIUM ANALYSIS
dc.subjectGENETIC ENGINEERING
dc.subjectGENETIC RESOURCES
dc.subjectGLOBAL MARKET
dc.subjectGRAIN
dc.subjectGRAINS
dc.subjectGREEN REVOLUTION
dc.subjectGROSS MARGIN
dc.subjectINCOME
dc.subjectINNOVATION
dc.subjectINTERNATIONAL FOOD POLICY RESEARCH INSTITUTE
dc.subjectLARGE-SCALE ADOPTION
dc.subjectLOW-INCOME COUNTRIES
dc.subjectMAIZE
dc.subjectMARKET FORCES
dc.subjectMARKET SHARE
dc.subjectMARKETING
dc.subjectMATERIAL
dc.subjectMODERN AGRICULTURE
dc.subjectMULTINATIONAL CORPORATIONS
dc.subjectOPEN ACCESS
dc.subjectOPPORTUNITY COST
dc.subjectOUTPUT
dc.subjectPER CAPITA INCOME
dc.subjectPESTICIDE
dc.subjectPOLITICAL CONSIDERATIONS
dc.subjectPOLITICAL ECONOMY
dc.subjectPOOR FARMERS
dc.subjectPRICE INDEX
dc.subjectPRICE INDICES
dc.subjectPRICE MOVEMENTS
dc.subjectPRICE TRENDS
dc.subjectPRICE VOLATILITY
dc.subjectPRODUCTION COSTS
dc.subjectPRODUCTIVITY
dc.subjectPRODUCTIVITY IMPROVEMENTS
dc.subjectPRODUCTIVITY INCREASES
dc.subjectPUBLIC POLICY
dc.subjectPURCHASING
dc.subjectR&D
dc.subjectREGULATORY BODY
dc.subjectREGULATORY FRAMEWORK
dc.subjectREGULATORY REGIME
dc.subjectRENT SEEKING
dc.subjectRENT SEEKING BEHAVIOR
dc.subjectRESULTS
dc.subjectSAVINGS
dc.subjectSEED
dc.subjectSEED COMPANIES
dc.subjectSEED TECHNOLOGY
dc.subjectSEED VARIETIES
dc.subjectSEEDS
dc.subjectSOYBEANS
dc.subjectSUBSTITUTE
dc.subjectSUGARCANE
dc.subjectSUSTAINABLE AGRICULTURE
dc.subjectSUSTAINABLE DEVELOPMENT
dc.subjectTECHNICAL ASSISTANCE
dc.subjectTOBACCO
dc.subjectTOBACCO PLANTS
dc.subjectTRADE NEGOTIATIONS
dc.subjectTRANSMISSION
dc.subjectUSERS
dc.subjectVEGETABLE OILS
dc.subjectWEB
dc.subjectWHEAT
dc.subjectWORLD ECONOMY
dc.subjectWORLD TRADE
dc.subjectWORLD TRADE ORGANIZATION
dc.subjectWTO
dc.subjectYIELD INCREASE
dc.subjectYIELDS
dc.titleCotton, Biotechnology, and Economic Development

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