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Technology Adoption and Off-Farm Household Income: The Case of Herbicide-Tolerant Soybeans

Published online by Cambridge University Press:  28 April 2015

Jorge Fernandez-Cornejo
Affiliation:
Economic Research Service (ERS), U.S. Department of Agriculture
Chad Hendricks
Affiliation:
ERS
Ashok Mishra
Affiliation:
Economic Research Service (ERS), U.S. Department of Agriculture
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Abstract

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.

Type
Articles
Copyright
Copyright © Southern Agricultural Economics Association 2005

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