Potential Farmer Adoption of High Available Phosphorus Corn over a Three-year Period
John C. Bernard,
John D. Pesek and
Amy Parish
Agricultural and Resource Economics Review, 2015, vol. 44, issue 3, 19
Abstract:
Corn containing high levels of available phosphorus (HAP) allows poultry to use more of the phosphorus they consume and could potentially reduce contamination of water from run-off. This study uses a conjoint analysis survey of Delmarva corn growers to model adoption of hypothetical HAP varieties over a three-year period. An optimal variety has a low technology fee and yield drag and a high harvest premium. Adoption of HAP corn increases during the period although growers’ tolerance of technology fees and yield drags diminishes over time. Adoption is further affected by farm size, farmer age, and the portion of income from corn.
Keywords: Agribusiness; Environmental Economics and Policy; Farm Management; Industrial Organization; Livestock Production/Industries; Production Economics; Research and Development/Tech Change/Emerging Technologies; Risk and Uncertainty (search for similar items in EconPapers)
Date: 2015
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Persistent link: https://EconPapers.repec.org/RePEc:ags:arerjl:225655
DOI: 10.22004/ag.econ.225655
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