Cover-Crop Usage in South Dakota: Farmer Perceived Profitability and Future Adoption Decisions
Using bivariate ordered logit models, we investigate factors that determine farmers' perceptions of cover-crop profitability and likelihood of future usage in the climate transition zone of the Northern Great Plains. Our results indicate that approximately 40% of long-term (10+ years) users per...
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Veröffentlicht in: | Journal of agricultural and resource economics 2021-05, Vol.46 (2), p.287-307 |
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Format: | Artikel |
Sprache: | eng |
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Zusammenfassung: | Using bivariate ordered logit models, we investigate factors that determine farmers' perceptions of cover-crop profitability and likelihood of future usage in the climate transition zone of the Northern Great Plains. Our results indicate that approximately 40% of long-term (10+ years) users perceived a profit increase of more than 5%. Additionally, future adoption decisions are positively affected by environment-oriented attitudes and negatively affected by prioritizing short-term profitability. More efforts can be directed toward educational programs that enhance understanding of the short- versus long-term economic benefits of cover crops. |
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ISSN: | 1068-5502 2327-8285 |
DOI: | 10.22004/ag.econ.304768 |