Cost Efficiency Changes and Adoption of Biotechnology Enhanced Soybeans in Kansas
Samuel M. Funk and
Jason Bergtold ()
Journal of the ASFMRA, 2014, vol. 2014, 10
This paper analyzes the cost efficiency impacts of adopting biotechnology-enhanced soybean varieties for a set of Kansas farms from 1993 to 2011 using cost indices estimated from linear programming techniques. The cost efficiency indices are then coupled with survey data about the adoption of biotechnology-enhanced soybean varieties to provide a comparative analysis over time and across different quartiles of the sample. Results indicate that cost efficiency is not likely to decline on average with the adoption of these soybean varieties, but may increase for more efficient farms through a number of different benefits associated with adoption.
Keywords: Crop Production/Industries; Financial Economics (search for similar items in EconPapers)
References: View references in EconPapers View complete reference list from CitEc
Citations: Track citations by RSS feed
Downloads: (external link)
This item may be available elsewhere in EconPapers: Search for items with the same title.
Export reference: BibTeX
RIS (EndNote, ProCite, RefMan)
Persistent link: https://EconPapers.repec.org/RePEc:ags:jasfmr:197097
Access Statistics for this article
More articles in Journal of the ASFMRA from American Society of Farm Managers and Rural Appraisers Contact information at EDIRC.
Bibliographic data for series maintained by AgEcon Search ().