ISSN 2329-9797
International Journal of Agricultural Economics and Extension ISSN 2329-9797 Vol. 6 (11), pp. 001-013, November, 2018. © International Scholars Journals
Review
Revisiting the synergy between no-till and roundup ready soybean technology
Edwin Clifford Mensah* and Ramin Cooper Maysami
Department of Economics, Finance and Decision Sciences, University of North Carolina, Pembroke, One University Drive, P. O. Box 1510 Pembroke, NC 28372, USA.
Accepted 20 January 2018
Abstract
The objective of this study has been to identify the factors that influence the concurrent adoption of no-till technology and roundup ready (RR) soybean technology. Using data from a survey of 610 soybean growers in the United States and a two-equation probit model, our results reveal that ignoring the simultaneous nature of the decision to use no-till and RR soybean technologies could lead to the mis-specification of the model and hence our ability to reveal and understand the factors that influence the concomitant adoption of these technologies will be obscured by the inconsistent estimates that will result.
Key words: Probit, soybean, concomitant, technology, adoption.