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GM corn seed companies have innovated continuously with the introduction of new traits and, more recently, with the creation of stacked varieties, which combine more than one trait. This work develops a Bayesian model of adoption dynamics that demonstrates how uncertainty with a package...
Persistent link: https://www.econbiz.de/10009020298
We used a state contingent approach to give a detailed analysis of the uncertainty surrounding seed trait adoption. Our framework emphasizes the role of timing and information in farmers’ adoption decisions. The inherent embeddedness of seed traits results in timing restrictions and the...
Persistent link: https://www.econbiz.de/10009020632
Genetically modified corn seed companies have innovated continuously with the introduction of new traits and, more recently, with the creation of stacked varieties. This work develops a Bayesian model of adoption that demonstrates how uncertainty with a package technology can lead to a...
Persistent link: https://www.econbiz.de/10010838892
This article proposes a model of technology adoption that integrates demand for individual traits of new technologies with the potential for heterogeneity based on farm and farmer characteristics. The model is applied to recent genetically modified corn adoption data from Minnesota and Wisconsin...
Persistent link: https://www.econbiz.de/10010544583
Genetically modified corn seed companies have recently created stacked varieties which combine more than one trait. This work develops a Bayesian model that demonstrates how uncertainty with a package technology can lead to an adoption pattern in which farmers move from single trait to stacked...
Persistent link: https://www.econbiz.de/10009148307
Persistent link: https://www.econbiz.de/10010638245
Persistent link: https://www.econbiz.de/10010638253
This paper uses data from dairy farmers in six U.S. states to examine farm-level factors influencing the adoption of recombinant bovine somatatropin (rBST), a productivity-enhancing hormone that is injected in cows. The results of multinomial logit estimations of rBST adoption and disadoption...
Persistent link: https://www.econbiz.de/10005460301
Persistent link: https://www.econbiz.de/10010916460
This paper investigates the presence and sources of economies of scope in R&D production at U.S. research universities. The analysis evaluates the tradeoffs or synergies arising between traditional university research outputs (articles and doctorates) and a more recent and burgeoning output:...
Persistent link: https://www.econbiz.de/10005803356