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Journal of Agricultural and Applied Economics, 2006, vol. 38, issue 03
Abstract: If adoption of herbicide-resistant seed and adoption of conservation-tillage practices are determined simultaneously, adoption of herbicide-resistance seed could indirectly reduce soil erosion and adoption of conservation-tillage practices could indirectly reduce residual herbicide use and increase farm profits. Our objective was to evaluate the relationship between these two technologies for Tennessee cotton production. Evidence from Bayes' theorem and a two-equation logit model suggested a simultaneous relationship. Mean elasticities for acres in herbicide-resistance seed with respect to the probability of adopting conservation-tillage practices and acres in conservation-tillage practices with respect to the probability of adopting herbicide-resistance seed were 1.74 and 0.24, respectively.
Keywords: Bayes' theorem; conservation tillage; cotton; genetically modified crops; herbicide-resistant crops; simultaneous logit model; technology adoption; Farm Management; Q12; Q16; Q24; 33 (search for similar items in EconPapers)
Date: 2006
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Date: 2006
References: View references in EconPapers View complete reference list from CitEc
Citations View citations in EconPapers (4) Track citations by RSS feed
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For further details log on website :
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