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Factors Influencing Selection of Information Sources by Cotton Producers Considering Adoption of Precision Agriculture Technologies

Author

Listed:
  • Velandia, Margarita M.
  • Lambert, Dayton M.
  • Jenkins, Amanda
  • Roberts, Roland K.
  • Larson, James A.
  • English, Burton C.
  • Martin, Steven W.

Abstract

Given the potential economic and environmental benefits from some precision agriculture practices, dissemination of precision farming information as an alternative production management strategy is important. The needs of farmers for precision farming information have been met by various suppliers, including private and public sources. Factors affecting the use of different information sources to obtained precision farming information such as crop consultants, farm dealers, trade shows, Extension, and media are analyzed using a multivariate probit approach that accounts for simultaneous and/or correlation among the different information-source use decisions. Empirical findings suggest that the decision to use private, Extension, and/or Media information sources are correlated. Some factors significantly affecting the use of the information sources analyzed are age, education, and income.

Suggested Citation

  • Velandia, Margarita M. & Lambert, Dayton M. & Jenkins, Amanda & Roberts, Roland K. & Larson, James A. & English, Burton C. & Martin, Steven W., 2009. "Factors Influencing Selection of Information Sources by Cotton Producers Considering Adoption of Precision Agriculture Technologies," 2009 Annual Meeting, July 26-28, 2009, Milwaukee, Wisconsin 49326, Agricultural and Applied Economics Association.
  • Handle: RePEc:ags:aaea09:49326
    DOI: 10.22004/ag.econ.49326
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    File URL: https://ageconsearch.umn.edu/record/49326/files/AAEA_605598.pdf
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    References listed on IDEAS

    as
    1. Geweke, John, 1989. "Bayesian Inference in Econometric Models Using Monte Carlo Integration," Econometrica, Econometric Society, vol. 57(6), pages 1317-1339, November.
    2. Bruce A. Babcock, 1990. "The Value of Weather Information in Market Equilibrium," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 72(1), pages 63-72.
    3. Kevin T. McNamara & Michael E. Wetzstein & G. Keith Douce, 1991. "Factors Affecting Peanut Producer Adoption of Integrated Pest Management," Review of Agricultural Economics, Agricultural and Applied Economics Association, vol. 13(1), pages 129-139.
    4. Keane, Michael P, 1994. "A Computationally Practical Simulation Estimator for Panel Data," Econometrica, Econometric Society, vol. 62(1), pages 95-116, January.
    5. Stigler, George J., 2011. "Economics of Information," Economic Policy, Russian Presidential Academy of National Economy and Public Administration, vol. 5, pages 35-49.
    6. Walton, Jonathan C. & Lambert, Dayton M. & Roberts, Roland K. & Larson, James A. & English, Burton C. & Larkin, Sherry L. & Martin, Steven W. & Marra, Michele C. & Paxton, Kenneth W. & Reeves, Jeanne , 2008. "Adoption and Abandonment of Precision Soil Sampling in Cotton Production," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 33(3), pages 1-21.
    7. David R. Just & Steven A. Wolf & Steve Wu & David Zilberman, 2002. "Consumption of Economic Information in Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 84(1), pages 39-52.
    8. Vassilis A. Hajivassiliou, 1991. "Simulation Estimation Methods for Limited Dependent Variable Models," Cowles Foundation Discussion Papers 1007, Cowles Foundation for Research in Economics, Yale University.
    9. Bullock, David S. & Lowenberg-DeBoer, Jess & Swinton, Scott M., 2002. "Adding value to spatially managed inputs by understanding site-specific yield response," Agricultural Economics, Blackwell, vol. 27(3), pages 233-245, November.
    10. McBride, William D. & Daberkow, Stan G., 2003. "Information And The Adoption Of Precision Farming Technologies," Journal of Agribusiness, Agricultural Economics Association of Georgia, vol. 21(1), pages 1-18.
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    Teaching/Communication/Extension/Profession;

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