Farm-level effects of adopting herbicide-tolerant soybeans in the U.S.A. From: Journal of Agricultural and Applied Economics | Date: April 1, 2002| Author: Fernandez-Cornejo, Jorge; Klotz-Ingram, Cassandra; Jans, Sharon | Copyright Southern Journal of Agricultural Economics Apr 2002. Provided by ProQuest LLC.Copyright information

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 selfselection 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 cons...