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Partial Adoption of Divisible Technologies in Agriculture

Author

Listed:
  • Szmedra, Philip I.
  • Wetzstein, Michael E.
  • McClendon, Ronald W.

Abstract

We have developed a dynamic theoretical model to investigate technology complements where the degree of adoption is a function of producers' prior technology levels. Based on this model, we used an empirical application to assess the adoption of integrated pest management (IPM) with and without irrigation. Results indicate that the degree of new technology adoption may depend on the extent of the risk. For example, strongly risk-averse producers who use dryland technology may only partially adopt IPM. And producers who irrigate to significantly decrease variation in yield and returns may also only partially adopt IPM.

Suggested Citation

  • Szmedra, Philip I. & Wetzstein, Michael E. & McClendon, Ronald W., 1990. "Partial Adoption of Divisible Technologies in Agriculture," Journal of Agricultural Economics Research, United States Department of Agriculture, Economic Research Service, issue 3.
  • Handle: RePEc:ags:uersja:139032
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    File URL: http://purl.umn.edu/139032
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    References listed on IDEAS

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    1. Meyer, Jack, 1977. "Second Degree Stochastic Dominance with Respect to a Function," International Economic Review, Department of Economics, University of Pennsylvania and Osaka University Institute of Social and Economic Research Association, vol. 18(2), pages 477-487, June.
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    Cited by:

    1. Dillon, Carl R. & Shearer, Scott A. & Mueller, Thomas, 2001. "A Mixed Integer, Nonlinear Programming Model Of Innovative Variable Rate Planting Date With Polymer Seed Coatings," 2001 Annual meeting, August 5-8, Chicago, IL 20572, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).

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