Balcombe, Kelvin and Tiffin, R (2010): The Determinants of Technology Adoption by UK Farmers using Bayesian Model Averaging. The Cases of Organic Production and Computer Usage.
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We introduce and implement a reversible jump approach to Bayesian Model Averaging for the Probit model with uncertain regressors. This approach provides a direct estimate of the probability that a variable should be included in the model. Two applications are investigated. The �rst is the adoption of organic systems in UK farming, and the second is the in�uence of farm and farmer characteristics on the use of a computer on the farm. While there is a correspondence between the conclusions we would obtain with and without model averaging results, we �find important di¤erences, particularly in smaller samples.
|Item Type:||MPRA Paper|
|Original Title:||The Determinants of Technology Adoption by UK Farmers using Bayesian Model Averaging. The Cases of Organic Production and Computer Usage.|
|Keywords:||Agriculture, Adoption, Model Averaging, Organic, Computer|
|Subjects:||Q - Agricultural and Natural Resource Economics; Environmental and Ecological Economics > Q1 - Agriculture > Q16 - R&D; Agricultural Technology; Biofuels; Agricultural Extension Services
C - Mathematical and Quantitative Methods > C1 - Econometric and Statistical Methods and Methodology: General > C11 - Bayesian Analysis: General
|Depositing User:||Kelvin Balcombe|
|Date Deposited:||20. Sep 2010 16:44|
|Last Modified:||15. Feb 2013 02:56|
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