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Land Allocation in HYV Adoption Models: An Investigation of Alternative Explanations
Abstract
Microeconomic theory provides four competing explanations for partial land allocation to new and traditional seed varieties in HYV adoption decisions: input fixity, portfolio selection, safety‐first behavior, and learning. Testing a general model that contains each as a special case suggests that they are jointly most likely to explain land allocation in the HYV adoption decisions of Malawian smallholders. Yet when each explanation is tested to the exclusion of the others (as is usually the case in the literature), competing hypotheses are individually significant. Results suggest that employing approaches based on single explanations may lead to inappropriately narrow conclusions.
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Cited by
Adoption and intensity of adoption of conservation farming practices in Zambia
Arslan, A., McCarthy, N., Lipper, L., Asfaw, S., & Cattaneo, A. (2014) · Agriculture, Ecosystems & Environment · doi:10.1016/j.agee.2013.08.017 · Cited by 360
Geffersa, A. G. (2024) · Annals of Public and Cooperative Economics · doi:10.1111/apce.12446 · Cited by 24
Metadata
- Authors
- Smale, M., Just, R. E., & Leathers, H. D.
- Venue
- American Journal of Agricultural Economics
- Publisher
- Wiley
- Published
- 1994-08
- Volume
- 76
- Issue
- 3
- Pages
- 535-546
- ISSN
- 0002-9092 (ISSN-L)
- 1467-8276
- OpenAlex
- W2088718814
- Cited by
- 159
- References
- 0
- FWCI
- 10.58
- Type
- journal article
- Language
- en
- Open access
- closed
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- Smale, M., Just, R. E., & Leathers, H. D. (1994). Land Allocation in HYV Adoption Models: An Investigation of Alternative Explanations. American Journal of Agricultural Economics. https://doi.org/10.2307/1243664
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