Research Article

Evolution Dynamics of Agricultural Internet of Things Technology Promotion and Adoption in China

Table 1

Notations.

ā€‰Variable nameExplanation

FarmerAdopting intelligent vegetable early warning technologyTotal revenue
Output
Product price
Profit ratio
Profit
Fixed cost of new technology
Cost subsidy given by the government
Cost savings of adopting new technology
Using traditional diagnosis and treatment methods relying on pesticidesPenalty for overuse of pesticides
Total revenue of refusing IoT technology ()
Pesticide input cost of traditional technology
The negative feedback

GovernmentThe supervision cost
The payment from superior government
The subsidies of local government for farmers who adopt technology
Preferential tax of adoption under supervision
Nonadopted tax of nonsupervision
Unsupervised tax ()
The positive feedback