Data/hora: 11/06/2024 03:34:58

Provedor de dados: | 31
País: | United States
Título: | Effects of the GM Controversy on Iowa Corn-Soybean Farmers' Acreage Allocation Decisions
Autores: | Alexander,   Corinne E.; Fernandez-Cornejo,   Jorge; Goodhue,   Rachael E.
Data: | 2006-09-25
Ano: | 2003
Palavras-chave: | Expected utility; Genetically modified crops; Two-limit tobit model; Crop Production/Industries.
Resumo: | Prior to the 2000 planting season, some industry observers predicted acreage of genetically modified crops would decline dramatically. However, actual 2000 plantings presented a puzzle. Farmers reduced their acreage of genetically modified corn, but concurrently increased their acreage of genetically modified soybeans. We demonstrate that it may be theoretically optimal for risk-averse farmers to reduce their corn acreage but not their soybean acreage. However, past experience, attitudes, and farm size explained planting decisions to a larger degree than did risk preferences.
Tipo: | Journal Article
Idioma: | Inglês

Identificador:

23792

http://purl.umn.edu/31066

Editor: | AgEcon Search
Relação: | Journal of Agricultural and Resource Economics&gt;Volume 28, Number 03, December 2003

Formato:

16

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