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The focus of this paper is the process of adjustment of farm performance to disequilibrium with new technology over time, which has been a subject of speculation till now. It shows that, left to learn from their own experience, farmers will be slow to realise the full technical potential of a...
Persistent link: https://www.econbiz.de/10011069406
This study investigates whether China has achieved its potential in grain production fully with the existing technology. A stochastic varying coefficients frontier approach is applied on recent household survey data of 1000 grain farmers covering the periods 1993-95. The results indicate that,...
Persistent link: https://www.econbiz.de/10010911271