How Great Was the Green Revolution?
How important was the “Green Revolution” to feeding people in developing countries and improving living conditions? A new paper in the Journal of Political Economy suggests it was quite substantial. The abstract for the paper, “Two Blades of Grass: The Impact of the Green Revolution,” by Douglas Gollin, Casper Worm Hansen, & Asger Wingende is as follows:
We estimate the impact of the Green Revolution in the developing world by exploiting exogenous heterogeneity in the timing and extent of the benefits derived from high yielding crop varieties (HYVs). We find that HYVs increased yields by 44 percent between 1965 and 2010 with further gains coming through reallocation of inputs. Higher yields increased income and reduced population growth. A ten-year delay of the Green Revolution would in 2010 have cost 17 percent of GDP/capita and added 223 million people to the developing world population. The cumulative GDP loss would have been US$83 trillion, corresponding to one year of current global GDP.
This is a lengthy and fascinating paper, high-lighting the importance of innovation (and agricultural biotechnology in particular) to improving human well-being.
Source: https://reason.com/volokh/2021/04/01/how-great-was-the-green-revolution/
Anyone can join.
Anyone can contribute.
Anyone can become informed about their world.
"United We Stand" Click Here To Create Your Personal Citizen Journalist Account Today, Be Sure To Invite Your Friends.
Please Help Support BeforeitsNews by trying our Natural Health Products below!
Order by Phone at 888-809-8385 or online at https://mitocopper.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomic.com M - F 9am to 5pm EST
Order by Phone at 866-388-7003 or online at https://www.herbanomics.com M - F 9am to 5pm EST
Humic & Fulvic Trace Minerals Complex - Nature's most important supplement! Vivid Dreams again!
HNEX HydroNano EXtracellular Water - Improve immune system health and reduce inflammation.
Ultimate Clinical Potency Curcumin - Natural pain relief, reduce inflammation and so much more.
MitoCopper - Bioavailable Copper destroys pathogens and gives you more energy. (See Blood Video)
Oxy Powder - Natural Colon Cleanser! Cleans out toxic buildup with oxygen!
Nascent Iodine - Promotes detoxification, mental focus and thyroid health.
Smart Meter Cover - Reduces Smart Meter radiation by 96%! (See Video).