Economics in Agricultural Biotechnology

By D.P. Singh

Economics in Agricultural Biotechnology explores the economic dimensions of biotechnology in agriculture and examines how scientific and technological innovations can influence agricultural production, productivity, resource use, markets, and rural livelihoods.

The book brings together concepts from agricultural economics, biotechnology, farm management, technology adoption, agricultural productivity, and rural development. It considers the economic opportunities and challenges associated with biotechnology-based agricultural practices and examines factors that influence their adoption by farmers and their wider effects on the agricultural sector.

Important themes include cost and benefit considerations, productivity, technological change, farm income, resource efficiency, risk, market development, food security, and sustainability. The book also considers broader questions concerning access to technology, the distribution of economic benefits, and the implications of agricultural biotechnology for farmers and consumers.

With its interdisciplinary approach, the book provides a useful perspective on the interaction between agricultural science, economics, technology, and development. It is intended for students, researchers, teachers, agricultural economists, policymakers, and professionals working in agriculture and biotechnology.

Economics in Agricultural Biotechnology offers readers a framework for understanding the economic significance of emerging agricultural technologies and their potential role in shaping the future of agriculture and rural development.