Answers are grounded in this paper and cite their sources.
The Indian government imposed a ceiling on the price of Bt cotton seeds in 2006. This paper aims to analyze the effect of such price intervention on the diffusion of Bt cotton in India. Using three variations of dynamic logistic models, diffusion paths in nine major cotton growing states from 2002 to 2008 are studied. It was found that although seed prices were significant in impacting the diffusion rates, the effect was limited. It was also found that varietal approval is an important factor affecting diffusion rates.
No takes yet. Share an insight, caveat, or question.
Arora et al. (2011) studied this question.
Synapse has enriched 10 related papers. Consider them for comparative context: