| Registro completo |
| Provedor de dados: |
AgEcon
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| País: |
United States
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| Título: |
Effects of the GM Controversy on Iowa Corn-Soybean Farmers' Acreage Allocation Decisions
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| Autores: |
Alexander, Corinne E.
Fernandez-Cornejo, Jorge
Goodhue, Rachael E.
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| Data: |
2006-09-25
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| Ano: |
2003
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| Palavras-chave: |
Expected utility
Genetically modified crops
Two-limit tobit model
Crop Production/Industries
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| 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.
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| Tipo: |
Journal Article
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| Idioma: |
Inglês
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| Identificador: |
23792
http://purl.umn.edu/31066
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| Editor: |
AgEcon Search
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| Relação: |
Journal of Agricultural and Resource Economics>Volume 28, Number 03, December 2003
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| Formato: |
16
application/pdf
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