Assessment of the economic performance of GM crops worldwide
This study focuses on the direct monetary and other effects of growing GM crops that influence farmers‘ income, as represented by the following economic parameters: crop yields, seed costs, pesticides and herbicides costs, labour costs, and gross margins.
The objectives of this study are, firstly, to provide an overview of the current state of knowledge on the economic performance of GM crops worldwide based on data from a wide range of available literature and secondly, to evaluate the results in terms of their conclusiveness and consistency. The study thereby focuses on the direct monetary and other effects of growing GM crops that influence farmers‘ income, as represented by the following economic parameters: crop yields, seed costs, pesticides and herbicides costs, labour costs, and gross margins.