Impact of Earned and Unearned Off-Farm Income on Adoption of New Technologies
AbstractSustainable agriculture requires farmers’ adoption of new technologies and practices that sustain the environmental quality, while providing the agricultural output. Off-farm income has been analyzed in technology adoption studies, due to its increasing share in agricultural household income. The objective of current study is to analyze the impact of earned and unearned off-farm income of both the farm operator and spouse on adoption of new technologies. The results of the current study shows that earned off-farm income positively impact adoption of capital intensive and risk technologies. However, unearned off-farm income negatively impacts adoption of new technologies.
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Bibliographic InfoPaper provided by Agricultural and Applied Economics Association in its series 2013 Annual Meeting, August 4-6, 2013, Washington, D.C. with number 149702.
Date of creation: May 2013
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Off-Farm Income; Technology Adoption; Sustainable Agriculture; Labor and Human Capital; Production Economics;
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