EconPapers    
Economics at your fingertips  
 

THE OPTIMUM BIAS OF TECHNOLOGICAL INNOVATIONS IN THE CONTEXT OF TRANSACTIONS COSTS AND LOBBYING

Alain de Janvry (), Elisabeth Sadoulet () and Marcel Fafchamps

No 270408, 1988 Annual Meeting, August 1-3, Knoxville, Tennessee from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)

Abstract: The neoclassical theory of induced technological innovations, oioneered hy Hayami and Ruttan, has shown that changes in relative factor nrices heln explain the bias of technological change. We show in this paner that, when transactions costs on labor and land exist, structural and nolitical factors are additional important determinants of the bias of technology. The size of the research budget, average farm size, and inequality in the distribution of farm sizes are econometrically shown to all add to relative prices in exolaining the bias of technology. A larger research budget is, in narticular, observed to lead to a bias more congruent with democratic rules of public hudget allocation.

Keywords: Agricultural and Food Policy; Agricultural Finance; Research and Development/Tech Change/Emerging Technologies (search for similar items in EconPapers)
Pages: 14
Date: 1988-08-01
References: Add references at CitEc
Citations:

Downloads: (external link)
https://ageconsearch.umn.edu/record/270408/files/aaea-1988-115.pdf (application/pdf)
https://ageconsearch.umn.edu/record/270408/files/a ... 5.pdf?subformat=pdfa (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:ags:aaea88:270408

DOI: 10.22004/ag.econ.270408

Access Statistics for this paper

More papers in 1988 Annual Meeting, August 1-3, Knoxville, Tennessee from American Agricultural Economics Association (New Name 2008: Agricultural and Applied Economics Association)
Bibliographic data for series maintained by AgEcon Search ().

 
Page updated 2025-03-30
Handle: RePEc:ags:aaea88:270408