Farmers' Perceptions about Spatial Yield Variability and Precision Farming Technology Adoption: An Empirical Study of Cotton Production in 12 Southeastern States
Michele Marra and
No 98689, 2011 Annual Meeting, February 5-8, 2011, Corpus Christi, Texas from Southern Agricultural Economics Association
This paper examines how cotton farmers' perceptions about their spatial yield variability influence their decision to adopt precision farming technologies. Utilizing cross-section survey data from 12 Southeastern states and a two-step econometric modeling approach, we find that farmers who perceive their yields as more spatially heterogeneous will more likely use site specific information gathering technologies and apply their inputs at a variable rate. In addition, our empirical analysis shows that perceptions about future profitability and importance of precision farming, along with socio-economic factors, also drive the technology adoption decision. These results have implications for producers contemplating the variable rate management decisions, as well as dealers selling these precision farming technologies.
Keywords: Agribusiness; Farm Management; Production Economics; Productivity Analysis (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:saea11:98689
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