Price-Induced Technological Change in Italian Agriculture: An SGM Restricted Cost Function Approach (1951-91)
| dc.creator | Esposti, Roberto | |
| dc.creator | Pierani, Pierpaolo | |
| dc.date | 2017-04-01T19:00:42Z | |
| dc.date.accessioned | 2026-07-09T03:48:01Z | |
| dc.description | This paper aims at investigating the price-induced innovation hypothesis in Italian agriculture over the years 1951 to 1991. Price-inducement hypothesis is analysed and tested within the framework proposed by Peeters and Surry (2000). The major difference is the short-run specification of the dual technology. Distinguishing between variable and quasi-fixed inputs allows both a more realistic representation of how relative prices may affect innovation and input use over time and a detailed decomposition of the relevant biases in input use. Results provide evidence in favour of price-inducement innovation in Italian agriculture. | |
| dc.identifier | doi:10.22004/ag.econ.24662 | |
| dc.identifier | https://ageconsearch.umn.edu/record/24662/files/cp05es02.pdf | |
| dc.identifier | http://ageconsearch.umn.edu/record/24662 | |
| dc.identifier.uri | http://hdl.handle.net/123456789/540084 | |
| dc.language | eng | |
| dc.publisher | ||
| dc.source | http://ageconsearch.umn.edu/record/24662 | |
| dc.title | Price-Induced Technological Change in Italian Agriculture: An SGM Restricted Cost Function Approach (1951-91) | |
| dc.type | Text |