INDUCED INNOVATION IN AMERICAN AGRICULTURE - A RECONSIDERATION

成果类型:
Article
署名作者:
OLMSTEAD, AL; RHODE, P
署名单位:
University of North Carolina; University of North Carolina Chapel Hill
刊物名称:
JOURNAL OF POLITICAL ECONOMY
ISSN/ISSBN:
0022-3808
DOI:
10.1086/261867
发表日期:
1993
页码:
100-118
关键词:
technical change UNITED-STATES JAPAN
摘要:
This paper investigates the role of induced innovation in the development of American agriculture from 1880 to 1980. The induced innovation hypothesis, most closely associated with the work of Hayami and Ruttan, argues that successful economies develop technologies in accordance with market price signals to loosen constraints on growth imposed by factor scarcities. Our analysis employing new state and regional level data fails to find support for Hayami and Ruttan's hypothesis. This paper suggests that many of the fundamental generalizations about American agricultural development need to be reconsidered and,redirects attention to the role of settlement, changing crop patterns, and biological investments in explaining changes in factor utilization in American agriculture.
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