Off-Farm Work And The Adoption Of Herbicide-Tolerant Soybeans
Adoption of herbicide-tolerant (HT) soybeans is proceeding rapidly despite little difference between the net returns to HT versus conventional soybeans. Using a multivariate probit model, we analyze the interaction of off-farm work and adoption and test if farmers adopt HT soybeans because its simplicity and flexibility frees management time.
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