Poverty impacts of improved agricultural productivity: opportunities for genetically modified crops
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Constraints on land and water resources, growth in population, and an apparent slowdown in agricultural productivity raise concerns that food prices may rise substantially in the coming decades. A key question is whether policies aimed at increasing agricultural productivity may be effective in reversing the long-run trend and bringing about significant reductions in food prices. This article uses a global general equilibrium model and a set of microeconomic household models for a sample of 26 developing countries to assess potential implications of higher agricultural productivity—such as through the adoption of genetically modified plants—for household incomes, farmer profits, and poverty.
AgBioForum, 13(4) 2010: 308-313.