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Labor Cost and Technology Adoption: Real Options Approach for the Case of Sugarcane Mechanization in Florida

Author

Listed:
  • Iwai, Nobuyuki
  • Emerson, Robert D.
  • Walters, Lurleen M.

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.

Suggested Citation

  • Iwai, Nobuyuki & Emerson, Robert D. & Walters, Lurleen M., 2008. "Labor Cost and Technology Adoption: Real Options Approach for the Case of Sugarcane Mechanization in Florida," 2008 Annual Meeting, February 2-6, 2008, Dallas, Texas 6758, Southern Agricultural Economics Association.
    • Handle: RePEc:ags:saeaed:6758
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    File URL: http://purl.umn.edu/6758
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    References listed on IDEAS

    as
    1. 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).
    2. 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.
    3. 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.
    4. 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.
    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. Emerson, Robert D., 2007. "Agricultural Labor Markets and Immigration," Choices, Agricultural and Applied Economics Association, vol. 22(1).
    7. repec:cdl:agrebk:677103 is not listed on IDEAS
    Full references (including those not matched with items on IDEAS)

    More about this item

    Keywords

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

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