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Technological Change and the Productivity Slowdown in Field Crops: United States, 1939-78

Published online by Cambridge University Press:  28 April 2015

Colin G. Thirtle*
Affiliation:
Department of Agricultural Economics, Faculty of Economic and Social Studies, University of Manchester, Manchester M13 9PL, England

Abstract

In the past four decades, productivity in United States field crops has been transformed by the mechanical and fertilizer revolutions. Since input data are typically not available by crop, most investigations of productivity have been at the aggregate level. This paper develops a simultaneous equation, partial adjustment model of the demand for inputs, which generates estimates of the technical change parameters for wheat, corn, soybeans, and cotton. These estimates allow comparisons of the factor saving biases in technical change, leading to a novel test of the induced innovation hypothesis and the suggestion that the productivity slowdown may yet affect agriculture in the United States.

Type
Articles
Copyright
Copyright © Southern Agricultural Economics Association 1985

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