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Cointegration techniques are applied to a model of induced innovation based on the two-stage Constant Elasticity of Substitution (CES) production function. This approach results in direct tests of the inducement hypothesis, which are applied to agricultural data for the United Kingdom from 1953...
Persistent link: https://www.econbiz.de/10009429459
Despite the growth in services. manufacturing remains an essential part of the nonmetropolitan South's economy, responsible for 25 percent of total personal earnings. But loweducation nonmetropolitan areas, which gained more than their share of manufacturing jobs in the 1970s and 1980s, lost...
Persistent link: https://www.econbiz.de/10009429555
We model the interaction of off-farm work and adoption of agricultural technologies and the impact of adopting these technologies on farm household income from on farm and off-farm sources after controlling for such interaction, and estimate the model for the case of adoption of...
Persistent link: https://www.econbiz.de/10009429573