Economics Impacts of Genetically Modified Organisms: An analysis of Bt Cotton in India

The emergence of genetically modified organisms has sparked a multi-faceted debate, covering issues related to human health, ethics, and the environment. Discussions of the economics of GMO adoption are highly politicized and are influenced by large corporations and non-governmental organizations. This study aims to provide insight into the economic impacts of genetically modified organisms on individual farmers of cotton in India. The first GMO to reach commercialization in India was Bt cotton in 2002, which led to significant increases in revenue and yield among smallholder farmers. Using survey data collected between 2003 and 2009, I examine the economic impacts of Bt cotton and explore macro level changes in the Indian economy