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Towards a Generalizable Measure of the Value of a Change in Pesticide Use

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  • Sydorovych, Olha
  • Marra, Michele C.

Abstract

A risk index system combining information on different environmental and health risks of pesticides is developed to evaluate the impact of Roundup Ready (RR) soybean adoption on pesticide use. A data set obtained from a survey of U.S. farmers indicates that on average adoption of RR soybeans results in reduced toxicity of herbicides. The contingent valuation method is used to estimate the value to the farmers of additional herbicide safety.

Suggested Citation

  • Sydorovych, Olha & Marra, Michele C., 2005. "Towards a Generalizable Measure of the Value of a Change in Pesticide Use," 2005 Annual meeting, July 24-27, Providence, RI 19375, American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association).
    • Handle: RePEc:ags:aaea05:19375
    DOI: 10.22004/ag.econ.19375
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    1. Mullen, Jeffrey D. & Norton, George W. & Reaves, Dixie Watts, 1997. "Economic Analysis Of Environmental Benefits Of Integrated Pest Management," Journal of Agricultural and Applied Economics, Southern Agricultural Economics Association, vol. 29(2), pages 1-11, December.
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    3. Marra, Michele C. & Hubbell, Bryan J. & Carlson, Gerald A., 2001. "Information Quality, Technology Depreciation, And Bt Cotton Adoption In The Southeast," Journal of Agricultural and Resource Economics, Western Agricultural Economics Association, vol. 26(1), pages 1-18, July.
    4. Fernandez-Cornejo, Jorge & McBride, William D., 2000. "Genetically Engineered Crops For Pest Management In U.S. Agriculture," Agricultural Economic Reports 33931, United States Department of Agriculture, Economic Research Service.
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    6. McFadden, Daniel, 1974. "The measurement of urban travel demand," Journal of Public Economics, Elsevier, vol. 3(4), pages 303-328, November.
    7. Bryan J. Hubbell & Michele C. Marra & Gerald A. Carlson, 2000. "Estimating the Demand for a New Technology: Bt Cotton and Insecticide Policies," American Journal of Agricultural Economics, Agricultural and Applied Economics Association, vol. 82(1), pages 118-132.
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    Keywords

    Risk and Uncertainty;

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