Hog-round marketing, seed quality, and government policy: Institutional change in US cotton production, 1920-1960

• 成果类型: Review
• 署名作者: University of California System; University of California Davis; University of North Carolina; University of North Carolina Chapel Hill
• 刊物名称: JOURNAL OF ECONOMIC HISTORY
• ISSN/ISSBN: 0022-0507
• 发表日期: 2003
• 页码: 447-488
• 关键词: california

摘要

Between 1928 and 1960 U.S. cotton production experienced are revolution with average yields roughly tripling while the quality of the crop increased significantly. This article analyzes the key institutional and scientific developments that facilitated the revolution in biological technologies, pointing to the importance of two government programs-the one-variety community movement and the Smith-Doxey Act-as catalysts for change. The story displays two phenomena germane to the recent literature: an important real-world example of Akerlof's lemons model and a case in which inventors, during an early phase of the product cycle, encouraged consumers to copy and disseminate their intellectual property.