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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...
Persistent link: https://www.econbiz.de/10005801951
U.S. dairy production is consolidating into fewer but larger farms. This report uses data from several USDA surveys to detail that consolidation and to analyze the financial drivers of consolidation. Specifically, larger farms realize lower production costs. Although small dairy farms realize...
Persistent link: https://www.econbiz.de/10005802926
Increased productivity is a key to a healthy and thriving economy. Consequently, the trend in productivity, economywide, is one of the most closely watched of our common economic performance indicators. Agriculture, in particular, has been a very successful sector of the U.S. economy in terms of...
Persistent link: https://www.econbiz.de/10005526043
This study provides estimates of the growth and relative levels of agricultural productivity for the 48 contiguous States for the period 1960 to 1996. For the full 1960-96 period, every State exhibits a positive and generally substantial average annual rate of productivity growth. There is...
Persistent link: https://www.econbiz.de/10005536651
Pesticide use has changed considerably over the past five decades. Rapid growth characterized the first 20 years, ending in 1981. The total quantity of pesticides applied to the 21 crops analyzed grew from 196 million pounds of pesticide active ingredients in 1960 to 632 million pounds in 1981....
Persistent link: https://www.econbiz.de/10010909507
This study estimates shortrun and longrun elasticities for agricultural inputs, along with elasticities of substitution, using a theoretically consistent restricted profit function and a series of decomposition equations. The model is also disaggregated on the input side, uses a flexible...
Persistent link: https://www.econbiz.de/10010922177
Use of crop biotechnology products, such as genetically engineered (GE) crops with input traits for pest management, has risen dramatically since commercial approval in the mid-1990s. This report addresses several of the economic dimensions regarding farmer adoption of bioengineered crops,...
Persistent link: https://www.econbiz.de/10005320647
The unprecedented growth in crop yields and agricultural total factor productivity over the past 70 years owes much to a series of biological innovations embodied in seeds, beginning with the development of hybrid crops in the United States in the early part of the 20th century, continuing with...
Persistent link: https://www.econbiz.de/10005806544
Agricultural biotechnology has been advancing very rapidly, and while it presents many promises, it also poses as many questions. Many dimensions to agricultural biotechnology need to be considered to adequately inform public policy. Policy is made more difficult by the fact that agricultural...
Persistent link: https://www.econbiz.de/10005060900
This study estimates the total benefit arising from the adoption of agricultural biotechnology in one year (1997) and its distribution among key stakeholders along the production and marketing chain. The analysis focuses on three biotech crops: herbicide-tolerant soybeans, insect-resistant (Bt)...
Persistent link: https://www.econbiz.de/10005536640