Motivation for Technology Adoption and Its Impact on Abandonment: A Case Study of U.S. Cotton Farmers
AbstractWe estimate a bivariate probit model with sample selection to identify factors affecting adoption and abandonment of precision farming technologies for cotton farmers, using the 2009 Southern Cotton Precision Farming Survey conducted in 12 Southern states in the United States. Farmers for whom being at the forefront of agricultural technology is not an important reason for adoption are more likely to abandon precision farming technologies. This study identified various factors associated with adoption and retention of precision farming technologies. Findings from this study offer significant information to policy‐makers for a better formulation of agri‐environmental programs that encourage farmers to adopt environmentally benign farming practices including precision farming technologies.
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Bibliographic InfoPaper provided by Southern Agricultural Economics Association in its series 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas with number 98838.
Date of creation: 2011
Date of revision:
Technology Abandonment; Technology Adoption; Bivariate Probit with Sample Selection; Multinomial Logit; Precision Farming; Agribusiness; Crop Production/Industries; Farm Management; Production Economics; Research and Development/Tech Change/Emerging Technologies; Q10; Q12; Q16;
Find related papers by JEL classification:
- Q10 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - General
- Q12 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Micro Analysis of Farm Firms, Farm Households, and Farm Input Markets
- Q16 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
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