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Farm-Level Effects of Adopting Herbicide-Tolerant Soybeans in the U.S.A.

Published online by Cambridge University Press:  28 April 2015

Jorge Fernandez-Cornejo
Affiliation:
Economic Research Service, U.S. Department of Agriculture, 1800 M Street, Room 4052, Washington, DC 20036-5831
Cassandra Klotz-Ingram
Affiliation:
Economic Research Service, U.S. Department of Agriculture, 1800 M Street, Room 4052, Washington, DC 20036-5831
Sharon Jans
Affiliation:
Economic Research Service, U.S. Department of Agriculture, 1800 M Street, Room 4052, Washington, DC 20036-5831

Abstract

This paper estimates the on-farm impacts of adopting herbicide-tolerant soybean on herbicide use, yields, and farm profits, using an econometric model that corrects for self-selection and simultaneity and is consistent with profit maximization. The model is estimated using nationwide farm-level survey data for 1997. Given that the use of herbicide-tolerant soybeans involves the substitution of a particular herbicide—primarily glyphosate—for other herbicides, we explicitly consider this substitution process in the model.

Type
Original Articles
Copyright
Copyright © Southern Agricultural Economics Association 2002

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