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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Abstract
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 |
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Original Title: | The Determinants of Technology Adoption by UK Farmers using Bayesian Model Averaging. The Cases of Organic Production and Computer Usage. |
Language: | English |
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 |
Item ID: | 25193 |
Depositing User: | Kelvin Balcombe |
Date Deposited: | 20 Sep 2010 16:44 |
Last Modified: | 02 Oct 2019 04:50 |
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URI: | https://mpra.ub.uni-muenchen.de/id/eprint/25193 |