Basu, Arnab K. (contributor); Qaim, Matin (contributor) - 2007
This paper considers genetically modified (GM) seed adoption decisions by farmers in a developing country under two … seed market. We show that the optimal policy under either information regime is to subsidize the price of conventional … seeds. The optimal size of the conventional seed subsidy depends systematically, in turn, on the (i) marginal cost of GM and …
