Labor Cost and Technology Adoption: Real Options Approach for the Case of Sugarcane Mechanization in Florida
AbstractSpecialty crop farmers have expressed concern about labor shortages and cost increases which may arise with immigration reform. The large-scale mechanization of the Florida sugarcane harvest during the 1970s/80s serves as an historical example of how technologies evolved due to changes in local labor market conditions.
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Bibliographic InfoPaper provided by Southern Agricultural Economics Association in its series 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas with number 6758.
Date of creation: 2008
Date of revision:
Crop Production/Industries; Labor and Human Capital; Research and Development/Tech Change/Emerging Technologies;
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