Technology adoption and off-farm household income: the case of herbicide-tolerant soybeans.

We model the interaction of off-farm work and adoption of agricultural technologies and the impact of adopting these technologies on farm household income from on farm and off-farm sources after controlling for such interaction, and estimate the model for the case of adoption of herbicide-tolerant (HT) soybeans using a nationwide survey of soybean farms for 2000. We find that adoption of HT soybeans is positively and significantly related to off-farm household income for U.S. soybean farmers, after controlling for other factors. In addition, while on-farm household income is not significantly related to adoption, total household income increases significantly with adoption.

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Year of publication:	2005-12
Authors:	Fernandez-Cornejo, J. ; Hendricks, C. ; Mishra, A.
Institutions:	USDA, ERS (contributor)
Subject:	Glycine max \| soybeans \| innovation adoption \| herbicide resistance \| transgenic plants \| household income \| off-farm employment \| farm surveys \| farm operator households \| farm income \| mathematical models \| equations \| economic impact \| econometric models

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Type of publication:	Article
Language:	English
Notes:	Journal of agricultural and applied economics. 2005 Dec., v. 37, no. 3, p. 549-563.
Source:	BASE

Persistent link: https://www.econbiz.de/10009429573