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This dissertation uses the large negative shock to the British cotton textile industry, caused by the U.S. Civil War … leading theory of directed technical change, introduced by Acemoglu (2002). I show that the shortage of U.S. cotton increased … innovation in technologies related to Indian cotton, the main alternative, and increased the relative price of Indian cotton …
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productivity (TFP) of cotton to other major crops (wheat, rice, and corn) in China between 1990 and 2015, showing that the TFP … growth of cotton production is significantly different from all other crops. In particular, the TFP of cotton production … of Bt cotton process in China. To further investigate the decline of TFP in the early stages of Bt cotton adoption, using …
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