Ex-ante impact assessment of GM papaya adoption in Thailand
This post was written on December 10, 2009
AgBioForum – December 2009
By Orachos Napasintuwong, Kasetart University, Thailand & Greg Traxler, Auburn University
This article estimates what the economic impact of the adoption of GM papaya would be if Thailand were to authorize the use of GM technology. We estimate that total economic surplus in the range of $650 million to $1.5 billion USD would be generated within the first 10 years of adoption. These benefits would accrue primarily to small-scale papaya farmers and would accrue even with the loss of export markets.
