This paper examines the ex-ante benefits of transgenic research on drought in eight developing countries, including the potential magnitude of private sector profits. The framework employs country-specific agroecological-drought risk zones and considers both yield increases and yield variance...

This article develops a framework to examine the "ex ante" benefits of transgenic research on drought in eight low-income countries, including the benefits to producers and consumers from farm income stabilization and the potential magnitude of private sector profits from intellectual property...