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Labor Cost and Technology Adoption: Real Options Approach for the Case of Sugarcane Mechanization in Florida

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  • Iwai, Nobuyuki
  • Emerson, Robert D.
  • Walters, Lurleen M.
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    Abstract

    Specialty 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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    File URL: http://purl.umn.edu/6758
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    Bibliographic Info

    Paper provided by Southern Agricultural Economics Association in its series 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas with number 6758.

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    Date of creation: 2008
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    Handle: RePEc:ags:saeaed:6758

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    Related research

    Keywords: Crop Production/Industries; Labor and Human Capital; Research and Development/Tech Change/Emerging Technologies;

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    1. Iwai, Nobuyuki & Emerson, Robert D. & Walters, Lurleen M., 2006. "Legal Status and U.S. Farm Wages," 2006 Annual Meeting, February 5-8, 2006, Orlando, Florida 35335, Southern Agricultural Economics Association.
    2. Ise, Sabrina & Perloff, Jeffrey M, 1993. "Legal status and earnings of agricultural workers," Department of Agricultural & Resource Economics, UC Berkeley, Working Paper Series qt478250zg, Department of Agricultural & Resource Economics, UC Berkeley.
    3. Janis M. Carey & David Zilberman, 2002. "A Model of Investment under Uncertainty: Modern Irrigation Technology and Emerging Markets in Water," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(1), pages 171-183.
    4. Napasintuwong, Orachos & Emerson, Robert D., 2005. "Labor Substitutability in Labor Intensive Agriculture and Technological Change in the Presence of Foreign Labor," Working Papers 15649, University of Florida, International Agricultural Trade and Policy Center.
    5. repec:cdl:agrebk:677103 is not listed on IDEAS
    6. Emerson, Robert D., 2007. "Agricultural Labor Markets and Immigration," Choices, Agricultural and Applied Economics Association, vol. 22(1).
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