Impact of Adoption of Advanced Agricultural Technologies on Farmer’s Income: Evidence from Central Punjab, Pakistan

Abstract

Technology has significantly enhanced farmers' lives, primarily by facilitating access to market information, thereby mitigating the exploitation of farmers. Over the past century, farming methods and techniques have undergone numerous advancements and considerable changes. The main objective of the current research was to estimate the effect of farmer's socioeconomic characteristics and advanced technological adoption on farmer's income. For this purpose, Sargodha District was selected, and data collection involved conducting a survey. A well-structured questionnaire was distributed among 200 farmers across 6 Tehsils in the district of Sargodha. The study utilized an econometric model of Ordinary Least Squares (OLS), opting for a linear function to minimize the sum of squares of differences among observed values. According to the results of the study, there is a positive relationship between the adoption of advanced technology and agricultural income. It underscores the pivotal role that governments and agricultural welfare organizations should play a key role in technological advancement in agriculture. Increasing education can enhance the technology adoption process, while a necessary sensitization campaign is essential to facilitate the transition from traditional techniques to advanced techniques.