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- Title
The Distribution of Gains from Technological Advance When Input Quality Varies.
- Authors
Offutt, Susan E.; Garcia, Philip; Pinar, Musa
- Abstract
Empirical evidence about new corn production technology in Illinois supports the hypothesis that yield- and output-enhancing effects vary depending on whether technology is input (here, land) quality-dependent or independent. In turn, these differences affect the distribution of economic surplus from technology adoption across geographic regions with varying land quality. A competitive, markets-clearing model for a traded commodity is used to estimate the gains in economic surplus from technological advance.
- Subjects
ILLINOIS; UNITED States; CORN yields; PRODUCTION (Economic theory); TECHNOLOGY
- Publication
American Journal of Agricultural Economics, 1987, Vol 69, Issue 2, p321
- ISSN
0002-9092
- Publication type
Article
- DOI
10.2307/1242282