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Farm-Level Effects of Adopting Herbicide-Tolerant Soybeans in the U.S.A

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

Journal of Agricultural and Applied Economics, 2002, vol. 34, issue 1, 149-163

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.

Date: 2002
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