Profits and politics: Coordinating technology adoption in agriculture
成果类型:
Article
署名作者:
Pande, Rohini
署名单位:
Yale University
刊物名称:
JOURNAL OF DEVELOPMENT ECONOMICS
ISSN/ISSBN:
0304-3878
DOI:
10.1016/j.jdeveco.2005.06.012
发表日期:
2006
页码:
299-315
关键词:
Industrialization
choice of technology
Government policy
摘要:
This paper examines the political economy of government-led coordination of economic activity in a simple two-sector model in which individuals' choice of agricultural technology affects industrialization. We demonstrate the existence of multiple equilibria; the economy is either characterized by the use of a traditional agricultural technology and a low level of industrialization or the use of a mechanized technology and a high level of industrialization. Relative to the traditional technology, use of the mechanized technology increases output but leaves some population groups worse off. We show that the distributional implications of choosing the mechanized technology restrict the possibility of Pareto-improving coordination by an elected policy-maker, even when we allow for income redistribution. (c) 2006 Published by Elsevier B.V.
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