GM RICE COMMERCIALIZATION AND ITS IMPACT ON THE GLOBAL RICE ECONOMY

dc.creatorDurand-Morat, Alvaro
dc.creatorChavez, Eddie
dc.creatorWailes, Eric
dc.date2017-04-01T14:04:52Z
dc.date.accessioned2026-07-09T08:45:14Z
dc.descriptionGenetically-modified (GM) rice is an important technology surrounded with controversy and uncertainty, hence it warrants more in-depth analysis. While GM rice is considered by its supporters as having promising potential, many still remain passionately against its use. This study assesses the impacts of GM rice commercialization on the global rice market. We use the Arkansas Global Rice Model (AGRM) and the RICEFLOW model to provide stochastic and dynamic analyses. Scenarios of adoption, diffusion and acceptance of Bt (Bacillus thuringiensis) rice by Bangladesh, China, Indonesia, Nigeria, and the Philippines are compared against baseline projections. The results focus on world trade, world and domestic prices, resource savings, domestic production, consumption, and stocks. Bt rice adoption has the potential to significantly impact the global and national rice economies. Total rice trade, international price, and domestic prices decline as global rice production, consumption, and stocks expand.
dc.identifierdoi:10.22004/ag.econ.196979
dc.identifierhttps://ageconsearch.umn.edu/record/196979/files/Global%20Impacts%20of%20GM%20Rice_SAEA%202015_final.pdf
dc.identifierhttp://ageconsearch.umn.edu/record/196979
dc.identifier.urihttp://hdl.handle.net/123456789/602280
dc.languageeng
dc.publisher
dc.sourcehttp://ageconsearch.umn.edu/record/196979
dc.titleGM RICE COMMERCIALIZATION AND ITS IMPACT ON THE GLOBAL RICE ECONOMY
dc.typeText

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