TY - JOUR AU - Sexton, Steven AU - Zilberman, David TI - How Agricultural Biotechnology Boosts Food Supply and Accomodates Biofuels JF - National Bureau of Economic Research Working Paper Series VL - No. 16699 PY - 2011 Y2 - January 2011 DO - 10.3386/w16699 UR - http://www.nber.org/papers/w16699 L1 - http://www.nber.org/papers/w16699.pdf N1 - Author contact info: Steven E. Sexton Sanford School of Public Policy 201 Science Drive, 184 Rubinstein Hall Duke University Durham, NC 27708 E-Mail: steven.sexton@duke.edu David Zilberman Department of Agricultural & Resource Economics 207 Giannini Hall, #3310 University of California Berkeley, CA 94720-3310 Tel: 510-642-6570 Fax: 510-643-8911 E-Mail: zilber11@berkeley.edu M1 - published as Steven Sexton, David Zilberman. "Land for Food and Fuel Production: The Role of Agricultural Biotechnology," in Joshua S. Graff Zivin and Jeffrey M. Perloff, editors, "The Intended and Unintended Effects of U.S. Agricultural and Biotechnology Policies" University of Chicago Press (2012) M3 - presented at "Agricultural Economics Conference", March 4-5, 2010 AB - Increased global demand for biofuels is placing increased pressure on agricultural systems at a time when traditional sources of yield improvements have been mostly exhausted, generating concerns about the future of food prices. This paper estimates the impact of global adoption of genetically engineered (GE) seeds on food supply by exploiting the spatial and temporal variation in the adoption of GE crops to identify the average yield effect due to GE technologies among adopters. The yield gains range from 65% for GE cotton to 12.4% for soybeans and appear to be higher in the developing world than in developed countries. The authors simulate food prices during the 2008 food crisis without GE-seed-induced yield gains. Genetically engineered crops appear to play an important role in arbitrating tensions between energy production, environmental protection, and global food supplies. ER -