THE POTENTIAL ECONOMIC IMPACT OF THE WESTERN CORN ROOTWORM RESISTANT GM VARIETY ON MAIZE PRODUCTION IN HUNGARY
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The paper examines that how the application of the MON88017 GM maize variety could influence the profitability of maize
production in Hungary. The most important benefit of this biotech crop lies in its reduced need for chemical use and the additional yield
comparing to conventional varieties. Among the economical disadvantages there is the uncertain market of GM products in the EU. After
weighing all these factors the results conclude that the farmers could reach an income surplus by growing this GM variety. Although, this
surplus is significant only if a similar positive yield impact is achieved under the Hungarian conditions as in the USA.