Land Allocation in HYV Adoption Models: An Investigation of Alternative Explanations

Melinda Smale (), Richard Just and Howard Leathers

American Journal of Agricultural Economics, 1994, vol. 76, issue 3, 535-546

Abstract: Microeconomic theory provides four competing explanations for partial land allocation to new and traditional seed varieties in HYV adoption decisions: input fixity, portfolio selection, safety-first behavior, and learning. Testing a general model that contains each as a special case suggests that they are jointly most likely to explain land allocation in the HYV adoption decisions of Malawian smallholders. Yet when each explanation is tested to the exclusion of the others (as is usually the case in the literature), competing hypotheses are individually significant. Results suggest that employing approaches based on single explanations may lead to inappropriately narrow conclusions.

Date: 1994
References: Add references at CitEc
Citations: View citations in EconPapers (81)

Downloads: (external link)
http://hdl.handle.net/10.2307/1243664 (application/pdf)
Access to full text is restricted to subscribers.

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:76:y:1994:i:3:p:535-546.

Access Statistics for this article

American Journal of Agricultural Economics is currently edited by Madhu Khanna, Brian E. Roe, James Vercammen and JunJie Wu

More articles in American Journal of Agricultural Economics from Agricultural and Applied Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Oxford University Press ().