Product Life Cycles and the Adoption of Durable Inputs: An Example for the Tomato Harvester
Hoy Carman and
Jon A. Brandt
No 284476, 1975 Annual Meeting, August 10-13, Columbus, Ohio from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
A theoretical framework is developed for product life cycles of durable. inputs and then is empirically tested using the logistic growth function to explain mechanical tomato harvester adoption. Reasons for the rapid adoption of the mechanical harvester are offered; implications for new markets and replacement sales are discussed.
Keywords: Marketing (search for similar items in EconPapers)
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Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea75:284476
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