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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Journal Article
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Journal of Agricultural and Applied Economics, 37, 3
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JEL Codes:
O33; Q12

 Record created 2017-04-01, last modified 2020-10-28

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