Technical Change, Human Capital, and Spillovers in United States Agriculture, 1949-1985
Develops state-level measures for the total factor productivity growth in US agriculture using a detailed adjustment for the quality of inputs and outputs. Then uses that to analyze the presence and determinants of convergence across states, the contribution of individual factors to productivity growth, the importance of spillovers across states, and the economic effects of research and extension. Finds that a commonly available body of technical information has led to a convergence among states, and that the technological changes have reduced land and labor costs and increased capital and purchased input. The return on research investment seems to be diminishing. The study should guide policy for funding future agricultural research. Annotation copyright by Book News, Inc., Portland, OR
- ISBN 13 : 9780815321392
- ISBN 10 : 0815321392
- Judul : Technical Change, Human Capital, and Spillovers in United States Agriculture, 1949-1985
- Pengarang : Klaus W. Deininger,
- Kategori : Business & Economics
- Penerbit : Taylor & Francis
- Bahasa : en
- Tahun : 1995
- Halaman : 158
- Halaman : 158
- Google Book : http://books.google.com/books?id=IDUFulsQ8dYC&dq=intitle:human+capital&hl=&source=gbs_api
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Ketersediaan :
CAPITAL. Durable capital items are not "used up" during one production cycle.
To determine the service flow or rental, p, from these goods requires making
assumptions that enable the expenses associated with the purchase of such
assets to ...
