Khatri, Y.; Thirtle, C.; Townsend, R. - In: Economics of Innovation and New Technology 6 (1998) 1, pp. 1-28
This paper exploits the properties of the third order approximation of the translog cosl function lo estimate the input demand elasticities and factor-saving biases of technological change for UK agriculture. Then, cointegration techniques are used to determine the time series properties of the...