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Persistent link: https://www.econbiz.de/10012319021
Technical change is dynamic, recursive, and endogenous to the economic system. However, empirical studies usually treat technology as exogenous, defining technical change in terms of its end result changes in some production possibilities set. An endogenous view of technical change is necessary...
Persistent link: https://www.econbiz.de/10010910444
We used a disaggregate approach to examine investment efficiency of wheat breeding research in India. India's total research effort comprizes 20 research programs spread across 50 experiment stations. A technology spillover matrix was constructed for both potential and actual spillovers....
Persistent link: https://www.econbiz.de/10011069243
This paper examines broadacre farm performance in south-western Australia. This region has experienced pronounced climate variability and volatile commodity prices over the last decade or so. Relationships between productivity and profitability are explored using panel data from 50 farms in the...
Persistent link: https://www.econbiz.de/10008853481
We estimate the influence of policy-induced price changes and of technology supply on North Carolina flue-cured tobacco yields. The decline in land rent and effective output price that accompanied a 1965 policy change from acreage allotments to poundage quotas caused a 12 percent decrease in...
Persistent link: https://www.econbiz.de/10005320887
Technical change is generally considered the key to the solution of environmental problems, in particular global phenomena like climate change. Scientists differ in their views on the thaumaturgic virtues of technical change. There are those who are confident that pollution-free technologies...
Persistent link: https://www.econbiz.de/10010312329
This study examines whether today's technical change depends on yesterday's technical change. We propose to investigate this feedback effect by using the technical-change component of the Malmquist productivity index. This approach can overcome some problems in alternative patent-citation...
Persistent link: https://www.econbiz.de/10010312348
The issue of greenhouse gas (GHG) stabilization stands on three critical open questions. Namely, what are the impacts deriving from different levels of climate change and their distribution. What are the levels at which GHG concentration should be stabilized in order to avoid unacceptable...
Persistent link: https://www.econbiz.de/10010312554
Persistent link: https://www.econbiz.de/10009464078
In the literature technical change is mostly assumed to be exogenous and specified as a function of time. However, some exogenous external factors other than time can also affect technical change. In this paper we model technical change via time trend (purely external non-economic) as well as...
Persistent link: https://www.econbiz.de/10010269407