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Jorge Fernandez-Cornejo, Cassandra Klotz-Ingram and Sharon Jans

Journal of Agricultural and Applied Economics, 2002, vol. 34, issue 1, 15

Abstract: This paper estimates the on-farm impacts of adopting herbicide-tolerant soybean on herbicide use, yields, and farm profits, using an econometric model that corrects for self-selection and simultaneity and is consistent with profit maximization. The model is estimated using nationwide farm-level survey data for 1997. Given that the use of herbicide-tolerant soybeans involves the substitution of a particular herbicide - primarily glyphosate - for other herbicides, we explicitly consider this substitution process in the model.

Keywords: Crop Production/Industries; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Date: 2002
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DOI: 10.22004/ag.econ.15522

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