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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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    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
    Contact details of provider: Web page: http://www.saea.org/

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

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    1. Sabrina Isé & Jeffrey M. Perloff, 1995. "Legal Status and Earnings of Agricultural Workers," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 77(2), pages 375-386.
    2. Napasintuwong, Orachos & Emerson, Robert D., 2004. "Labor Substitutability In Labor Intensive Agriculture And Technological Change In The Presence Of Foreign Labor," 2004 Annual meeting, August 1-4, Denver, CO 20048, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    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. Emerson, Robert D., 2007. "Agricultural Labor Markets and Immigration," Choices, Agricultural and Applied Economics Association, vol. 22(1).
    5. 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.
    6. J. Edward Taylor, 1992. "Earnings and Mobility of Legal and Illegal Immigrant Workers in Agriculture," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 74(4), pages 889-896.
    7. repec:cdl:agrebk:677103 is not listed on IDEAS
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