The Distribution of Gains from Technological Advance When Input Quality Varies

Susan E. Offutt, Philip Garcia and Musa Pinar

American Journal of Agricultural Economics, 1987, vol. 69, issue 2, 321-327

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, market-clearing model for a traded commodity is used to estimate the gains in economic surplus from technological advance.

Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:oup:ajagec:v:69:y:1987:i:2:p:321-327.

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