Open AccessThe potential economic impact of the Western corn rootworm resistant GM variety on maize production in Hungary
Author(s) -
Bertalan Kruppa
Publication year - 2011
Publication title -
apstract, applied studies in agribusiness and commerce/apstract
Language(s) - English
Resource type - Journals
eISSN - 1789-7874
pISSN - 1789-221X
DOI - 10.19041/apstract/2011/3-4/15
Subject(s) - profitability index , yield (engineering) , production (economics) , variety (cybernetics) , genetically modified maize , crop , agronomy , microbiology and biotechnology , agricultural science , business , economics , genetically modified crops , biology , mathematics , transgene , biochemistry , statistics , materials science , finance , gene , metallurgy , macroeconomics
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.