Does asset specificity influence transaction costs and adoption? An analysis of sugarcane farmers in the Great Barrier Reef catchments

  title={Does asset specificity influence transaction costs and adoption? An analysis of sugarcane farmers in the Great Barrier Reef catchments},
  author={Anthea Coggan and Martijn van Grieken and Xavier Jardí and Alexis Boullier},
  journal={Journal of Environmental Economics and Policy},
  pages={36 - 50}
ABSTRACT A number of improved farming activities (IFAs) have been proven to reduce the sediment and nutrient impact of sugarcane farming on the world heritage listed Great Barrier Reef (Australia). Some of these also have the potential to improve the profitability of sugarcane farming. Despite this, sugarcane farmers remain reluctant to adopt these practices which suggest that perhaps the transaction costs of adoption are greater than the benefits. In this paper we classify IFAs as requiring… 
2 Citations



The asset specificity issue in the private provision of environmental services: Evidence from agro-environmental contracts

Conservation practice adoption is classically explored through the technology lens. However, by introducing the trade-off between production cost savings and higher transaction costs, involved asset

Private Transaction Costs of Participation in Water Quality Improvement Programs for Australia's Great Barrier Reef: Extent, Causes and Policy Implications

type="main" xml:id="ajar12077-abs-0001"> The direct private cost to landholders of participating in programs that result in improved farming activities (IFAs) is generally well understood. However,

Factors affecting adoption of improved management practices in the pastoral industry in Great Barrier Reef catchments.

Why do transaction costs of agricultural policies vary

Policy related transaction costs (TCs) is an important issue when evaluating different policy options. However, TCs are often not taken into account in policy evaluations, but may be as important for

Determinants of agricultural best management practice adoption: Evidence from the literature

This article reviews 25 years of literature focused on the adoption of agricultural best management practices (BMPs) in the United States to examine general trends in the categories of capacity,

Encouraging The Adoption of Decision Support Systems by Irrigators

Abstract The adoption of decision support systems (DSS) by irrigators and other farmers has been surprisingly slow. Various explanations have been given for the slow uptake including poor system