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Off-Farm Work And The Adoption Of Herbicide-Tolerant Soybeans

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  • Fernandez-Cornejo, Jorge
  • Hendricks, Chad
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    Abstract

    Adoption of herbicide-tolerant (HT) soybeans is proceeding rapidly despite little difference between the net returns to HT versus conventional soybeans. Using a multivariate probit model, we analyze the interaction of off-farm work and adoption and test if farmers adopt HT soybeans because its simplicity and flexibility frees management time.

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    File URL: http://purl.umn.edu/35133
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    Bibliographic Info

    Paper provided by Southern Agricultural Economics Association in its series 2003 Annual Meeting, February 1-5, 2003, Mobile, Alabama with number 35133.

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    Date of creation: 2003
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    Handle: RePEc:ags:saeatm:35133

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    Related research

    Keywords: Biotechnology; herbicide-tolerant soybeans; technology adoption; off-farm work; household models; Crop Production/Industries;

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    1. Geweke, John & Keane, Michael P & Runkle, David, 1994. "Alternative Computational Approaches to Inference in the Multinomial Probit Model," The Review of Economics and Statistics, MIT Press, vol. 76(4), pages 609-32, November.
    2. Huffman, Wallace, 1980. "Farm and Off-Farm Work Decisions: The Role of Human Capital," Staff General Research Papers 10973, Iowa State University, Department of Economics.
    3. Fernandez-Cornejo, Jorge & McBride, William D., 2002. "Adoption Of Bioengineered Crops," Agricultural Economics Reports 33957, United States Department of Agriculture, Economic Research Service.
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