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Education and Innovation Adoption in Agriculture: Evidence from Hybrid Rice in China
Author(s) -
Lin Justin Yifu
Publication year - 1991
Publication title -
american journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 1.949
H-Index - 111
eISSN - 1467-8276
pISSN - 0002-9092
DOI - 10.2307/1242823
Subject(s) - tobit model , ordered probit , china , portfolio , sample (material) , multivariate probit model , limit (mathematics) , probit , agriculture , economics , econometrics , agricultural science , agricultural economics , business , mathematics , geography , financial economics , environmental science , mathematical analysis , chemistry , archaeology , chromatography
This paper uses the diffusion of F 1 hybrid rice as a case for examining the effects of education on the adoption of new technology in China. A simple behavioral model that treats the adoption of hybrid rice as a portfolio selection problem is presented. The implications of the model are tested with farm‐level data collected from a sample of 500 households in Hunan Province. The results from a dichotomous probit model and a two‐limit tobit model are consistent with the hypothesis that education has a positive impact on the adoption of new technology.