Modeling Pecuniary and Non -Pecuniary Objectives for Adoption, and Multiple Technology Adoption Decisions
Kakou, Omer
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https://hdl.handle.net/2142/83050
Description
Title
Modeling Pecuniary and Non -Pecuniary Objectives for Adoption, and Multiple Technology Adoption Decisions
Author(s)
Kakou, Omer
Issue Date
2000
Doctoral Committee Chair(s)
Richard L. Farnsworth
Department of Study
Agricultural Economics
Discipline
Agricultural Economics
Degree Granting Institution
University of Illinois at Urbana-Champaign
Degree Name
Ph.D.
Degree Level
Dissertation
Keyword(s)
Economics, Agricultural
Language
eng
Abstract
The econometric application focuses on the relative importance of pecuniary and nonpecuniary variables on adoption decisions and the effects of joint adoption decisions on estimation of adoption models. The results give an indication for the need to broaden the scope of the analysis of the farmer's technology choice problem beyond pecuniary variables. In particular, the beliefs held by farmers are found to have a positive and significant impact on their adoption choices. The results also reveal that, in cases of multiple technology adoption, the likelihood of joint adoption is generally high, providing an incentive to promote packages of agricultural technologies.
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