Joint estimation of information acquisition and adoption of new technologies under uncertainty
This article develops a framework to examine households' joint decision to acquire information on new technologies and the adoption of the technology in the presence of uncertainty. The empirical application involved a sample of 406 dairy farmers in Tanzania. Education, scale of production, household size, age, and liquidity constraints are hypothesized to be the determinants of information acquisition and adoption decisions. The empirical evidence indicates that information acquisition and adoption decisions are made jointly. The findings also show that human capital and scale of operation positively and significantly affect the decision to acquire information and to adopt the technology, while liquidity constraints negatively impact on the decision to adopt, as well as the extent of adoption. Copyright © 2008 John Wiley & Sons, Ltd.
Volume (Year): 20 (2008)
Issue (Month): 4 ()
|Contact details of provider:|| Web page: http://www3.interscience.wiley.com/journal/5102/home|
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
- Huffman, Wallace E., 2001.
"Human capital: Education and agriculture,"
Handbook of Agricultural Economics,
in: B. L. Gardner & G. C. Rausser (ed.), Handbook of Agricultural Economics, edition 1, volume 1, chapter 7, pages 333-381
- Huffman, Wallace E., 2001. "Human Capital: Education and Agriculture," Staff General Research Papers 5327, Iowa State University, Department of Economics.
- Huffman, Wallace E., 2000. "Human Capital, Education and Agriculture," 2000 Conference, August 13-18, 2000, Berlin, Germany 197203, International Association of Agricultural Economists.
- Huffman, Wallace E., 2001. "Human Capital, Education, and Agriculture," Staff General Research Papers 5329, Iowa State University, Department of Economics.
- Huffman, Wallace, 2001. "Human Capital, Education, and Agriculture," Staff General Research Papers 10438, Iowa State University, Department of Economics.
- Saha Atanu & H. Alan Love & Robert Schwart, 1994. "Adoption of Emerging Technologies Under Output Uncertainty," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 76(4), pages 836-846.
- Gershon Feder & Roger Slade, 1984. "The Acquisition of Information and the Adoption of New Technology," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 66(3), pages 312-320.
When requesting a correction, please mention this item's handle: RePEc:wly:jintdv:v:20:y:2008:i:4:p:437-451. See general information about how to correct material in RePEc.
For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Wiley-Blackwell Digital Licensing)or (Christopher F. Baum)
If references are entirely missing, you can add them using this form.