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Adoption And Economic Impact Of Site-Specific Technologies In U.S. Agriculture

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  • El-Osta, Hisham S.
  • Mishra, Ashok K.

Abstract

A Heckman's two-stage method is used in conjunction with data from the 1998 Agricultural Resource Management Study to estimate the likelihood of adopting a variable rate application technology (VRT) and the impact of such adoption on the per-acre costs of fertilizers and lime in cash grain production. Results highlight the importance of operator's level of human capital and attitude toward risk, along with size and location of farm in impacting VRT adoption decisions. Results also indicate no significant cost-savings attributable to VRT adoption.

Suggested Citation

  • El-Osta, Hisham S. & Mishra, Ashok K., 2001. "Adoption And Economic Impact Of Site-Specific Technologies In U.S. Agriculture," 2001 Annual meeting, August 5-8, Chicago, IL 20593, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea01:20593
    DOI: 10.22004/ag.econ.20593
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    1. Ignacio Pérez Domínguez & Thomas Fellmann & Franz Weiss & Peter Witzke & Jesús Barreiro-Hurlé & Mihaly Himics & Torbjörn Jansson & Guna Salputra & Adrian Leip, 2016. "An economic assessment of GHG mitigation policy options for EU agriculture (EcAMPA 2)," JRC Research Reports JRC101396, Joint Research Centre (Seville site).
    2. “Ban†Banerjee, Swagata & Martin, Steven W. & Roberts, Roland K. & Larkin, Sherry L. & Larson, James A. & Paxton, Kenneth W. & English, Burton C. & Marra, Michele C. & Reeves, Jeanne M., 2008. "A Binary Logit Estimation of Factors Affecting Adoption of GPS Guidance Systems by Cotton Producers," Journal of Agricultural and Applied Economics, Cambridge University Press, vol. 40(1), pages 345-355, April.
    3. Olson, Kent D. & Elisabeth, Pascal, 2003. "An Economic Assessment Of The Whole-Farm Impact Of Precision Agriculture," 2003 Annual meeting, July 27-30, Montreal, Canada 22119, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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