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Cost Efficiency Changes and Adoption of Biotechnology Enhanced Soybeans in Kansas

Author

Listed:
  • Funk, Samuel M.
  • Bergtold, Jason S.

Abstract

This paper analyzes the cost efficiency impacts of adopting biotechnology-enhanced soybean varieties for a set of Kansas farms from 1993 to 2011 using cost indices estimated from linear programming techniques. The cost efficiency indices are then coupled with survey data about the adoption of biotechnology-enhanced soybean varieties to provide a comparative analysis over time and across different quartiles of the sample. Results indicate that cost efficiency is not likely to decline on average with the adoption of these soybean varieties, but may increase for more efficient farms through a number of different benefits associated with adoption.

Suggested Citation

  • Funk, Samuel M. & Bergtold, Jason S., 2014. "Cost Efficiency Changes and Adoption of Biotechnology Enhanced Soybeans in Kansas," Journal of the ASFMRA, American Society of Farm Managers and Rural Appraisers, vol. 2014, pages 1-10.
    • Handle: RePEc:ags:jasfmr:197097
    DOI: 10.22004/ag.econ.197097
    as

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    File URL: https://ageconsearch.umn.edu/record/197097/files/403-Bergtold.pdf
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    References listed on IDEAS

    as
    1. Fernandez-Cornejo, Jorge & Caswell, Margriet, 2006. "The First Decade of Genetically Engineered Crops in the USA," Economic Information Bulletin 33897, United States Department of Agriculture, Economic Research Service.
    2. Timothy J. Coelli & D.S. Prasada Rao & Christopher J. O’Donnell & George E. Battese, 2005. "An Introduction to Efficiency and Productivity Analysis," Springer Books, Springer, edition 0, number 978-0-387-25895-9, September.
    3. William W. Cooper & Lawrence M. Seiford & Kaoru Tone, 2007. "Data Envelopment Analysis," Springer Books, Springer, edition 0, number 978-0-387-45283-8, September.
    4. Sylvie Bonny, 2011. "Herbicide-tolerant Transgenic Soybean over 15 Years of Cultivation: Pesticide Use, Weed Resistance, and Some Economic Issues. The Case of the USA," Sustainability, MDPI, vol. 3(9), pages 1-21, August.
    Full references (including those not matched with items on IDEAS)

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