TECHNOLOGICAL CHANGE IN THE ARID ZONE OF NEW SOUTH WALES

Ronald C. Duncan

Australian Journal of Agricultural Economics, 1972, vol. 16, issue 01, 12

Abstract: The results described challenge the generally accepted interpretation of the factors underlying the changes in sheep numbers in the arid zone of New South Wales. The extent to which long-run changes in rainfall have been ignored is highlighted. Estimates of output per man are derived, using the C.E.S. production function, which show that there has been a small positive rate of technological change. Three-quarters of such technological advance has been due to factors which affect numbers of sheep carried, the remainder due to factors affecting wool production per sheep.

Keywords: Research; and; Development/Tech; Change/Emerging; Technologies (search for similar items in EconPapers)
Date: 1972
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Citations: View citations in EconPapers (9)

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Persistent link: https://EconPapers.repec.org/RePEc:ags:ajaeau:22298

DOI: 10.22004/ag.econ.22298

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