Lynne, Gary D. (author), Rola, Leandro R. (author), Shonkwiler, J.S. (author), and Lynne, Shonkwiler: Associate Professors, Food and Resource Economics Department, University of Florida, FL; Rola: Director, Agricultural Credit and Cooperatives Institute, University of Philippines, Los Banos, Philippines
Format:
Journal article
Publication Date:
1988-02
Published:
USA
Location:
Agricultural Communications Documentation Center, Funk Library, University of Illinois Box: 84 Document Number: C05380
AGRICOLA IND 92014245, This paper uses the diffusion of F1 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 profit model and a two-limit obit model are consistent with the hypothesis that education has a positive impact on the adoption of new technology. (original)