When considering adoption or intensification of existing conservation practices, farmers have unique, subjective views of the associated risks. These individual risk perceptions could have important implications for conservation adoption or intensification. As a result, traditional policy approaches to encourage conservation agriculture may be inefficient. This study examines conservation adoption, with special consideration given to yield-risk perceptions. We present a conceptual model of perceived yield risk and estimate bivariate probit models using survey data. Results indicate that positive practice perceptions, particularly with respect to soil fertility, and opportunities for on-farm trialing may encourage adoption.
|Number of pages||24|
|Journal||Journal of Agricultural and Resource Economics|
|State||Published - May 2019|
Bibliographical noteFunding Information:
Steven M. Ramsey is an assistant professor in the Department of Agricultural Economics and Agricultural Business at New Mexico State University. Jason S. Bergtold is a professor in the Department of Agricultural Economics at Kansas State University. Elizabeth Canales is an assistant professor in the Department of Agricultural Economics at Mississippi State University. Jeffery R. Williams is a professor in the Department of Agricultural Economics at Kansas State University. Funding and graduate student support for this study were provided by “Small and Medium Size Farmers’ Ability and Willingness to Supply Carbon Offsets through Carbon Markets and Conservation Crop Production” – USDA, NIFA, AFRI Foundational Grant, KS601924, CNH: Coupled Climate, Cultivation and Culture in the Great Plains: Understanding Water Supply and Water Quality in a Fragile Landscape, NSF, CNH Award #1313815, and USDA, NIFA Hatch Project 1007061. We are particularly indebted to all who have participated in our various field activities. We also thank the editors and anonymous reviewers for their helpful comments and suggestions that helped to improve the paper. We remain responsible for any remaining errors. Review coordinated by Hikaru Hanawa Peterson.
© 2019 Western Agricultural Economics Association.
- Bivariate probit
- Conservation agriculture
- Yield risk