How Weather Conditions Drive Technology Adoption in Agriculture: Implications for Farm Revenue

• 발행기관: 한국농업경제학회
• 저자명: Hyun Ju Park Sang Hyeon Lee
• 간행물 정보: 『농업경제연구』65권 3호, 151~179쪽, 전체 29쪽
• 주제분류: 경제경영 > 경제학
• 파일형태: PDF
• 발행일자: 2024.09.30

국문 초록

Innovative agricultural technologies offer a chance to combat weather conditions's significant effects on food security. However, the effectiveness of technological innovation depends on farmers' participation. Otherwise, its societal benefits remain unrealized. To promote technology adoption effectively, understanding why farmers choose to adopt or not is crucial. Previous research primarily focused on farm-specific characteristics or generic technology acceptance theories emphasizing social factors. This study goes further by considering the natural environmental factors of weather conditions. We employ endogenous treatment regression to correct selection bias and investigate whether weather conditions prompts greenhouse(GH) and smart farm(SF) adoption among Korean chili pepper farms. Using this method, we estimate the Average Treatment Effect on the Treated to reveal technology adoption's revenue-enhancing effects for farmers using the 2020 Census of Agriculture, Forestry, and Fisheries of South Korea. The findings show that including abnormal climate conditions as a control for endogeneity results in a more significant revenue increase from technology adoption than when these conditions are not considered.

목차

Ⅰ. Introduction

Ⅱ. Theoretical Background

Ⅲ. Data & Research Design

Ⅳ. Estimation Results

Ⅴ. Conclusion

References

키워드

Weather Technology Adoption Smart Farm Endogenous Treatment Regression