A Trait Specific Model of GM Crop Adoption by Minnesota and Wisconsin Corn Farmers

Pilar Useche, Bradford Barham and Jeremy Foltz

No 201525, Working Papers from University of Wisconsin-Madison, Department of Agricultural and Applied Economics, Food System Research Group

Abstract: Advances in the genetic modification of agricultural seeds have allowed a range of new opportunities for manipulating seed traits according to production, market and environmental concerns. As seed varieties continue to become increasingly differentiated, preferences for specific seed traits may be expected to impart significant effects on farmer demand for new seeds. This paper proposes a model of technology adoption that integrates demand for traits of new technologies with the potential for heterogeneity based on farm and farmer characteristics. The model is applied to recent GM corn adoption data from Minnesota and Wisconsin farmers, and uses conditional logit and mixed multinomial logit econometric models to estimate the effects of traits and farm and farmer characteristics on adoption outcomes.

Keywords: Food Consumption/Nutrition/Food Safety; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 37
Date: 2006-10
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Persistent link: https://EconPapers.repec.org/RePEc:ags:uwfswp:201525

DOI: 10.22004/ag.econ.201525

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